Monika Alcobev Ltd — Important, 24-11-2025: Company Update

Monika Alcobev Limited's Board has approved the appointment of Mr. Samir Kumar Das and Mr. Ghanshyam V Vyas as Additional Non-Executive Independent Directors for a five-year term, pending shareholder approval. Mr. Das brings extensive experience in financial services, risk, and stressed asset management, while Mr. Vyas is a Chartered Accountant with over 40 years in audit and tax. Following these appointments, the Board also reconstituted its Audit, Nomination & Remuneration, Stakeholders Relationship, and Corporate Social Responsibility Committees. These changes aim to enhance board governance and infuse new expertise, benefiting stakeholders.