Mangalam Industrial Finance Limited announced that the Company has received a resignation letter from Mrs. Neelambari Harshal Bhujbal (DIN: 09195568), dated 26th June, 2023 tendering her resignation as Non-Executive Independent Director of the Company with effect from Company's forthcoming Board meeting dated 28th June, 2023 (after the closing of business hours). Further, she has also confirmed that, there is no other material reason other than those mentioned in her resignation letter. Reason: Resignation due to personal reason and other professional commitments.

Names of the listed entity in which Mrs. Neelambari Harshal Bhujbal (DIN: 09195568) holds Directorship, indicating the category of Directorship and Membership of Board Committees before the resignation becoming effective: Mangalam Industrial Finance Ltd: Category of Directorship: Non-Executive Independent Woman Director; Membership of the Board Committees: Audit Committee (Member); Nomination & Remuneration Committee (Member); Stakeholders Relationship Committee (Member). Mrs. Neelambari Harshal Bhujbal (DIN: 09195568) automatically ceased to be a Chairman/Member of the aforesaid Committees in Mangalam Industrial Finance Ltd, with effect from Board Meeting dated 28th June, 2023 (after the closing of business hours).