Sobhagya Mercantile Limited at its Board of Directors held on July 31, 2018, taken note and accepted resignation of Mr. Kausha Mehta and Ms. Sneh Lata Gupta, Directors of the Company with effect from July 31, 2018. The board appointed Mr. Machhindranath Patil with effect from July 31, 2018 and appointed Ms. Suvarna Shinde with effect from July 31, 2018.