Revised board meeting outcome: Independent Director resigns citing health issues

Board change at Mansi Finance (Chennai) Ltd.

Thu 1 Oct 2026

Resigning Director

Smt. Rajendhiran Angali Eswari (DIN: 05345622)

Role

Independent Director

Effective Date

September 30, 2026

Stated Reason

health issues

Other Directorships

She does not hold directorships in any listed entity as on date

An Independent Director of the company has stepped down, and the company informed the exchange through a revised outcome of its board meeting.

Who is stepping down

• Smt. Rajendhiran Angali Eswari (DIN: 05345622) has resigned as an Independent Director of the company.
• The resignation takes effect from September 30, 2026.
• The reason stated is her health issues.
• She has confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter.
• She does not hold directorships in any listed entity as on date.

What the Board did

The change was placed before the Board of Directors at its meeting held on September 30, 2026. The meeting commenced at 4.00 p.m. and concluded by 5.00 p.m., and the matters were duly approved by the Board. A copy of her resignation letter was enclosed with the update for reference.

What this means

• An independent director occupies a seat on the board that is meant to bring an outside view to board decisions, so any change in that seat is a board-composition event.
• The resignation takes effect immediately, from September 30, 2026, so the seat stands vacated from that date.
• The company has given the reason as personal health, and the resigning director has confirmed that no material reasons beyond those in her letter prompted the move.

Points a retail investor can note

• The announcement is described by the exchange as a revised outcome of the board meeting.
• The disclosure covers the nature of the change (resignation), the effective date (September 30, 2026) and the fact that the resigning director holds no directorships in listed entities as on date.

Resignations of independent directors are typically watched by investors because they alter board composition, though here the stated reason is the director's health and no material reasons were flagged. The change is effective from September 30, 2026, the same date on which the board took note of it.

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