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Magenta Lifecare's board has appointed Mr. Nikhil Bharatbhai Mistry as an Additional Non-executive and Independent Director. This appointment follows the resignation of Ms. Nidhi Bansal from a similar role due to personal reasons. The board, following its Audit Committee's suggestion, will seek shareholder approval for the appointment of M/s. V C A & Associates as the new Statutory Auditor for a five-year term. The company also announced its 11th Annual General Meeting will be held through video conference. Furthermore, key board committees, including Audit, Nomination and Remuneration, and Stakeholders' Relationship, have been reconstituted, with Mr. Mistry joining these vital groups.