Munjal Auto Industries Limited announced that Mr. Vikram Chinubhai Shah, Mr. Naresh Kumar Chawla, Mr. Mahendra Sanghvi, Mr. Ramkisan Devidayal, Mr. Sudesh Kumar Duggal, and Mr. Jal Ratanshaw Patel, have completed their second and final term as Independent Directors and consequently ceased to be Directors of the Company effective the close of business hours on May 18, 2024. The company also announced that the Company has already appointed Ms. Avi Sabavala, Mr. Atulbhai Haribhai Patel, Mr. Sameer Subhash Khera and Mr. Sunil Chinubhai Vakil as Independent Directors and intimation in respect of their appointment under Regulation 30 of LODR have already been given in due course.