Scrip Symbol / Code: NSE: MMFL-EQ; BSE: 522241

Date: 14 August 2026

Change in Director / Key Managerial Personnel

Resignation of Company Secretary

  • Nature of change: Resignation of Company Secretary and Compliance Officer
  • Name and DIN: Shri. Chandrasekar S (DIN not provided in document)
  • Effective date: 14 August 2026
  • Tenure: Served for over three years as Company Secretary
  • Reason for resignation: Personal commitments and professional reasons
  • The Board of Directors has taken note of the resignation

Appointment of New Company Secretary

  • Nature of change: Appointment of new Company Secretary and Compliance Officer
  • Name: Shri. S. Muthukrishnan, Membership No. F9420 (Institute of Company Secretaries of India)
  • Effective date: 14 August 2026
  • Qualifications: Fellow Member of the Institute of Company Secretaries of India
  • Experience: Over 18 years of post-qualification experience in corporate secretarial, legal and regulatory affairs
  • Expertise: Corporate governance, Board and Committee processes, SEBI Regulations, Companies Act, FEMA, legal documentation and compliance management
  • Previous experience: Held senior positions with reputed listed companies
  • Confirmation of eligibility: Not debarred from holding office of KMP by SEBI or any other authority
  • Appointment approved by: Nomination and Remuneration Committee recommendation and Board of Directors approval
  • Terms of appointment: Remuneration and other terms to be governed by Nomination and Remuneration Committee and Board of Directors from time to time

Key Financial or Operational Approvals

  • The Board of Directors meeting was held on 14 August 2026
  • Meeting commenced at 16:15 Hrs (IST) and concluded at 19:10 Hrs (IST)
  • Board approved the appointment of Shri. S. Muthukrishnan as Company Secretary and Compliance Officer
  • Approval was based on recommendation from the Nomination and Remuneration Committee

Strategic or Business Context

  • The company emphasized smooth transition and handover process
  • Outgoing Company Secretary committed to extend all necessary cooperation for smooth transition to successor
  • The Nomination and Remuneration Committee and Board view the new appointee as possessing requisite qualifications, experience and competence for the role

Any Other Material Information

  • Compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulation 30)
  • Compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30 January 2026
  • The company placed on record its appreciation for the valuable contribution and services rendered by Shri. Chandrasekar S during his tenure
  • No relationships between directors disclosed (not applicable)
  • No debarment issues for the newly appointed Company Secretary

Sub-tags: #ComplianceOfficerChange #ManagementRestructuring