Magenta Lifecare Ltd (544188) — Board Meeting | 1 September 2026

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Board appoints new independent director and confirms resignation of existing director
🔄 What Changed
Added Nikhil Mistry to board; removed Nidhi Bansal; reconstituted audit, nomination, and stakeholder committees
💡 Investor Takeaway
The board refreshes its composition with new independent oversight while maintaining existing committee structures ahead of the upcoming AGM.

Magenta Lifecare appointed Nikhil Mistry as an additional independent director effective September 1, 2026, while confirming Nidhi Bansal's resignation due to personal reasons. The board reconstituted three committees with the new appointments and set the 11th AGM for September 28, 2026 via video conference. Statutory auditor V C A & Associates was recommended for a five-year term starting FY 2026-27.

📄 View Original Announcement (PDF)

About Magenta Lifecare Ltd (544188)

Consumer Durables · Consumer Durables · Listed on BSE

Market Cap: ₹5.62 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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