Mahan Industries Limited announced that Mr. Kalpesh Lalitbhai Trivedi, Independent Director has resigned from the Board of Directors with effect from December 9, 2022 due to personal reasons. The Board of Directors of the Company vide resolution passed in the Board Meeting held on December 09, 2022, have reconstituted the Committees of the Board of Directors with effect from December 9, 2022 due to Resignation of Mr. Kalpesh Lalitbhai Trivedi, Independent Director of the company. Reconstitution of Audit Committee as following: Chanakya Indravadan Shukla, Chairman; Lalit K. Sharma, Member; and Yogendra Kumar Gupta, Member.

Reconstitution of Stakeholders' Relationship Committee as following: Lalit K. Sharma, Chairman; Chanakya Indravadan Shukla, Member; and Hiralben Kubavat, Member. Reconstitution of Nomination and Remuneration Committee as following: Hiralben Pravinkuma Kubavat, Chairman; Lalit K. Sharma, Member; and Chanakya Indravadan Shukla, Member.