Mystic Electronics Limited has submitted a regulatory disclosure to BSE Limited regarding the completion of tenure of Mr. Manaklal Agrawal (DIN: 10214780) as Independent Director of the Company.
Key Details
- Cessation Effective: With effect from close of business hours on 30th July, 2026
- Reason for Cessation: Completion of tenure (not attributable to any other reason)
- Director Details: Mr. Manaklal Agrawal (DIN: 10214780), Independent Director
Committee Composition Changes
Consequent to the cessation, Mr. Agrawal shall cease to be the Chairman/Member of the respective Committees of the Board with effect from close of business hours on 30th July, 2026. The revised composition of the Board Committees was approved by the Board of Directors at its meeting held on 29th July, 2026, and shall become effective from the close of business hours on 30th July, 2026.
Annexure A Details
The enclosed Annexure A provides the following structured information:
| Particulars | Details |
| Reason for change | Cessation of Mr. Manaklal Agrawal as Non-Executive Independent Director due to completion of tenure |
| Date of cessation | With effect from close of business hours on Thursday, 30th July, 2026 |
| Brief profile | Not Applicable |
| Disclosure of relationships between directors | Not Applicable |
Company Acknowledgement
The Company has placed on record its sincere gratitude and appreciation to Mr. Agrawal for his valuable contribution and guidance during his tenure as Independent Director.