Mangalam Industrial Finance Limited has announced the resignation of Ms. Mansi Jayendra Bhatt, a Non-Executive Independent Director. Her resignation is effective from September 4, 2026, citing personal commitments and increased professional engagements. Ms. Bhatt confirmed no other material reasons for her departure. She held significant roles, including Chairperson of the Nomination & Remuneration Committee and Audit Committee at Wardwizard Healthcare Limited.
Director Resignation Announced
Mangalam Industrial Finance Limited has formally informed the stock exchanges of the resignation of Ms. Mansi Jayendra Bhatt from her position as a Non-Executive Independent Director. The resignation is effective from the close of business hours on September 4, 2026.
Reasons for Departure
Ms. Bhatt’s resignation is attributed to her personal commitments and an increase in her professional engagements, which she stated would prevent her from devoting adequate time to the company going forward. She has confirmed that there are no other material reasons for her decision.
Committee Roles Held
The document also details Ms. Bhatt’s other directorships and board committee memberships prior to her resignation. Notably, she served as the Chairperson of the Nomination & Remuneration Committee and a Member of the Audit Committee at Wardwizard Healthcare Limited. She also held membership roles in various committees across other listed entities, including Wardwizard Innovations & Mobility Limited and I Secure Credit & Capital Services Limited.
The company has stated that the information regarding Ms. Bhatt’s resignation and related details will be made available on its website, www.miflindia.com.
Source: BSE
