Magnanimous Trade & Finance: Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday 06Th November 2024.

This is to inform that Board of Directors of the Company in its meeting held on 06th November 2024 at the Registered office of the company at Ground Floor Shop No. 2 188/1 Shyam Dham Heights Patrakar Colony Rampura Mansarovar Jaipur Rajasthan India 302020 which commenced at 5:30 P.M. has taken following decisions:1. Considered and approved the resignation of Mrs. Parwati Parasrampuria (DIN: 00359065) from the post of Managing Director of the Company w.e.f. 30/10/2024.2. Considered and approved the proposal for divestment of 28.60% of its equity investment in its associate Amber Mercantiles Ltd.3. Re-constituted the Audit Committee Nomination and Remuneration Committee and Stakeholder Relationship Committee of the Board of Directors.