Key Event Details
Mrs. Sweta R Panchal (DIN: 10298714) has resigned from the position of Independent Director of MPF Systems Limited with effect from 25th May, 2026. The resignation was due to personal reasons, specifically stated as not being in a position to devote time to the affairs of the company.
Director Background and Confirmations
The resigning director confirmed that there are no material reasons for her resignation other than the personal reasons mentioned in her resignation letter. She held the position of Non-Executive and Independent Director.
Other Directorships
As required by regulation, the disclosure indicates that the resigning director holds directorships in two other listed entities:
1. Kenrik Industries Limited
2. Raghuvir Exim Limited
Resignation Letter Details
The resignation letter dated 25-05-2026 was submitted by Sweta Rasikbhai Panchal from her address at D-104, Swaminarayan Castle - 1, Nirnaynagar, Ghatlodiya, Ahmedabad, Gujarat -382481. The letter expresses gratitude to the directors and shareholders for the opportunity and confirms no other material reasons for resignation.
Financial Impact
No financial impact quantified in the disclosure. The resignation appears to be a governance change without immediate financial implications.