Mangalya Soft Tech Limited announced that at its board meeting held on November 10, 2022, approved appointment of Mr. Ajay Jayantilal Shah as a Chairman cum director and Mr. Kushal Ajay Shah as a director of the company, effective November 10, 2022, appointment of Mr. Harsh Vinodbhai Mittal, Mr. Pratapbhai Teli Mukundbhai and Mrs. Krina Sujal Desai as an additional non-executive independent directors of the company, effective November 10, 2022. Name and Date of Birth: Mr. Ajay Jayantilal Shah, September 18, 1951; Education Qualification: B.S.C.; Term of appointment: For a period of 5 years; Brief Profile: Mr. Ajay Jayantilal Shah is having 33 years of experience in the field of Stock Market Broking. He is looking after its group companies ie.

Ratnakar Securities Private Limited, Ratnakar Commodities Private Limited and Ratnakar Finwealth Private Limited; Disclosure of relationships between directors: Mr. Ajay Jayantilal Shah is the father of Mr. Kushal Ajay Shah: Directorships held in other companies: 1. Ratnakar Securities Private Limited; 2. Ratnakar Commodities Private Limited; 3. Ratnakar Finwealth Private Limited. Name and Date of Birth: Mr. Kushal Ajay Shah; September 4, 1988; Term of Appointment: For a period of 5 years; Mr. Kushal Ajay Shah is having 08 years of experience in the field of operations, marketing. finance and product distribution in financial market industry.

Disclosure of relationships between directors: Mr. Kushal Ajay Shah is a son of Mr, Ajay Jayantilal Shah; Directorships held in other companies: Securities Industry Association of India; Name and Date of Birth: Mr. Harsh Vinodbhai Mittal, June 18, 1988; Term of Appointment: For a first term of 2 years; Mr. Harsh Vinodbhai Mittal is having more than 12 years of experience in textile business; Disclosure of relationships between directors: He is neither related to any of the Directors or KMP nor to the promoters of the Company; Directorships held in other companies: 1. Siddhyug Textiles Private Limited; 2. Vinod Spinners Private Limited; 3. Vinod Cotfab Private Limited; 4. Vinod Texworld Private Limited; Name and Date of Birth: Mr. Pratapbhai Teli Mukundbhai, April 14, 1954; Term of Appointment: For a first term of 2 years; Education Qualification: B.E. Mechanical; Mr. Pratapbhai Teli Mukundbhai is having more thanl6 years of experience in business of manufacturing of machinery, Pharmaceutical machinery and in the area of cosmetic and personal care. Disclosure of relationships between directors: He is neither related to any of the Directors or KMP nor to the promoters of the Company; Name and Date of Birth: Mrs. Krina Sujal Desai, December 11, 1973; Term of Appointment: For a first term of 2 years; Education Qualification: B.com; Mrs. Krina Sujal Desai is having more than 20 years of experience in entrepreneurship. Business Strategy, and Management; Disclosure of relationships between directors: She is neither related to any of the Directors or KMP nor to the promoters of the Company.