Simplex Realty Ltd — Important, 22-12-2025: Company Update

Simplex Realty Limited announced that Mrs. Manju Bagga, a Non-Executive Non-Independent Director, has resigned from the company's Board. Her departure is effective immediately due to her appointment as an Insurance Ombudsman by the Council for Insurance Ombudsman. Mrs. Bagga, who represented LIC on the board, confirmed there are no other material reasons for her resignation. This update reflects a change in the board's composition, with a director moving to a significant public service role.