Mangalam Industrial Finance Ltd — Important, 09-06-2026: Company Update

Ref: MIFL/BSE/INTIMATION-RESIGNATION/JUNE-2026

Date :- 09th June, 2026

To,

Department of Corporate Services,

BSE Ltd.,

Ground Floor, P.J Towers,

Dalal Street, Fort,

Mumbai – 400 001.

Sub: Intimation of resignation of Non-Executive Independent Director of the Company as per Regulation 30 of The SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015

Ref: - Mangalam Industrial Finance Ltd (Scrip Code: BSE 537800)

Dear Sir/Madam,

Pursuant to Regulation 30 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you

that the Company has received a resignation letter from Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916), dated 09th

June, 2026 tendering his resignation as Non-Executive Independent Director of the Company with effect from 30th June, 2026

(after the closing of business hours). Further, he has also confirmed that, there is no other material reason other than those

mentioned in his resignation letter. (Attached Resignation Letter). He will also cease to be a member/chairperson of Audit

Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee, Rights Issue Committee and

Risk Management Committee of the company.

The Board of Directors of the Company place on record its appreciation for the valuable contribution and guidance provided by

Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916) during his association with the company as Independent Director.

The details as required under Schedule Ill - Para A (7) and (7B) of Part A of Regulation 30 of The SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 read with Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated

30th January, 2026, is enclosed in Annexure I.

The above information shall also be made available on the Company’s website www.miflindia.com

Kindly take the above intimation on the record.

Thanking you,

For Mangalam Industrial Finance Limited

Venkata Ramana Revuru

Managing Director

DIN: 02809108

Encl: As above

----------------Page (0) Break----------------

Annexure I

Details of Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916) as required under Schedule Ill - Para A (7) and (7B) of Part

A of SEBI Listing Regulations read with Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January,

2026:

Name Mr. Miteshkumar Ghanshyambhai Rana

Reason for Change viz appointment,

Resignation, removal, death or otherwise

As mentioned in the Resignation Letter, Resignation is due to his personal

commitments as well as increased professional engagements as he is unable to

devote his time to the company.

Date of Cessation With effect from 30th June, 2026 (after the closing of business hours)

Disclosure in terms of Regulation 30 read

with As Enclosed Para A(7B) of Part A of

Schedule III of SEBI Regulations

As enclosed

The independent director shall, along with

the detailed reasons, also provide a

confirmation that there are no other

material reasons other than those provided.

Mr. Miteshkumar Ghanshyambhai Rana has confirmed that there are no

material reasons for his resignation other than the reason mentioned in his

resignation letter

Names of the listed entity in which Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916) holds Directorship, indicating the

category of Directorship and Membership of Board Committees before the resignation becoming effective:

Sr.

No.

Name of the listed entity Category of Directorship Membership of the Board Committees

1 I Secure Credit & Capital Services

Limited

Non-Executive Independent

Director

a) Audit Committee (Member)

b) Nomination & Remuneration

Committee (Chairman)

c) Stakeholders Relationship

Committee (Member)

2 *Mangalam Industrial Finance

Limited

Non-Executive Independent

Director

a) Audit Committee (Member)

b) Nomination & Remuneration

Committee (Chairman)

c) Stakeholders Relationship

Committee (Member)

d) Rights Issue Committee(Member)

e) Risk Management Committee (Member)

3 Wardwizard Healthcare Limited Non-Executive Independent

Director

a) Audit Committee (Member)

b) Nomination & Remuneration

Committee (Chairman)

4 Shayonara Engineering limited Non-Executive Independent

Director

a) Audit Committee (Member)

b) Nomination & Remuneration

Committee (Chairman)

* Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916) will automatically ceased to be a Chairman/ Member of the aforesaid

Committees in Mangalam Industrial Finance Limited, with effect from 30th June, 2026 (after the closing of business hours).

----------------Page (1) Break----------------

----------------Page (2) Break----------------