Resignation of Independent Director.

To, Date: 1st September, 2026 BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001 Dear Sir / Madam, Subject: Outcome of Board Meeting held today i.e. Tuesday, 1st September, 2026 and Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Security Id: MAGENTA / Code: 544188 Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their meeting held today i.e. Tuesday, 1st September, 2026 at the Registered office of the Company situated at N. P. Patel Estate, A & T Padamla, Vadodara, Gujarat, India - 391350 which commenced at 11:30 A.M. and concluded at 12:30 P.M. inter alia has considered and approved the following: 1. Appointment of Mr. Nikhil Bharatbhai Mistry (DIN: 11918271) as an Additional Non-executive and Independent Director of the Company w.e.f. 1st September, 2026 2. Taking note of the resignation of Ms. Nidhi Bansal (DIN: 09693120) from the position of Non-executive and Independent Director of the Company, with effect from the conclusion of business hours on 1st September, 2026 Further, the Company has received confirmation from Ms. Nidhi Bansal that there are no other material reasons for her resignation other than those which are provided in her resignation. 3. Based on the recommendation of the Audit Committee, the Board recommended, subject to shareholder’s approval, the appointment of M/s. V C A & Associates, Chartered Accountants, (FRN: 114414W), as Statutory Auditor of the Companyfor a period of five (5) years from FY 2026-27 to FY 2030-31, from Conclusion of this 11th AGM until the conclusion of the 16th AGM, at such remuneration and terms as may be mutually agreed from time to time. 4. Approved the Notice of the 11th Annual General Meeting (“AGM”), Director’s Report and other related documents forming the part of AGM to be sent to shareholders and decided to hold 11th Annual General Meeting (“AGM”) of the Shareholders of the Company on Monday, 28th September, 2026 at 05:00 P.M. through Video Conferences (“VC”) / Other Audio-Visual Means (“OAVM”). 5. Reconstitution of the Audit Committee (“AC”) of the Company w.e.f. 1st September, 2026: Sr. Name of Director Category Designation 1 Mr. Nandish Shaileshbhai Jani Chairperson Non-Executive and Independent Director 2 Mr. Nikhil Bharatbhai Mistry Member Non-Executive and Independent Director 3 Ms. Khyati Modi Member Non-Executive and Non-Independent Director 6. Reconstitution of the Nomination and Remuneration Committee (“NRC”) of the Company w.e.f. 1st September, 2026: Sr. Name of Director Category Designation 1 Mr. Nikhil Bharatbhai Mistry Chairperson Non-Executive and Independent Director 2 Mr. Nandish Shaileshbhai Jani Member Non-Executive and Independent Director 3 Mr. Vipinchandra Modi Member Non-Executive and Non-Independent Director 7. Reconstitution of the Stakeholders’ Relationship Committee (“SRC”) of the Company w.e.f. 1st September, 2026: Sr. Name of Director Category Designation 1 Mr. Nandish Shaileshbhai Jani Chairperson Non-Executive and Independent Director 2 Mr. Nikhil Bharatbhai Mistry Member Non-Executive and Independent Director 3 Ms. Khyati Modi Member Non-Executive and Non-Independent Director The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given in Annexure – A. Kindly take the same on your record and oblige us. Thanking You For, Magenta Lifecare Limited Divyesh Modi Managing Director DIN: 02016172 Annexure – A The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided as below: 1. Appointment of Mr. Nikhil Bharatbhai Mistry (DIN:11918271) as an Additional Non-executive and Independent Director of the Company w.e.f. 1st September, 2026: Sr. No. Particulars Details 1. Name of the Director Mr. Nikhil Bharatbhai Mistry (DIN: 11918271) 2. Reason for change viz. appointment, Appointment resignation, removal, death or otherwise Term: Appointment subject to approval of Shareholders in General Meeting 3. Designation Additional Non-executive and Independent Director 4. Date of appointment / cessation (as 1st September, 2026 applicable) 5. Brief profile (in case of Mr. Nikhil Bharatbhai Mistry holds a Bachelor of appointment) Commerce degree from Gujarat University. He holds a Bachelor of Law Degree from Gujarat University. He has experience in Corporate Laws, with a strong understanding of the Companies Act and SEBI Regulations. 6. Disclosure of relationships between Mr. Nikhil Bharatbhai Mistry is not related to Directors (in case of appointment of Directors of the Company a director) 2. Resignation of Ms. Nidhi Bansal (DIN:09693120) from the Position of Non-executive and Independent Director of the Company with effect from the conclusion of business hours on 1st September, 2026 Sr. No. Particulars Details 1. Name Nidhi Bansal (DIN: 09693120) 2. Reason for change viz. Due to Personal Reason appointment, resignation, removal, death or otherwise 3. Designation Non-Executive and Independent Director 4. Date of appointment / cessation 1st September, 2026 (as applicable) 5. Brief profile (in case of Not Applicable appointment) 6. Disclosure of relationships Not Applicable between Directors (in case of appointment of a director) 7. Names of listed entities in which 1. Trans India House Impex Limited the resigning director holds 2. Vivanta Industries Limited directorship, indicating the 3. Yarn Syndicate Limited category of directorship. 4. Svarnim Trade Udyog Limited 8. Names of listed entities in which 1. Trans India House Impex Limited the resigning director holds  Audit Committee – Member membership of board  Nomination & Remuneration Committee – committees, if any Member  Stakeholder’s Relationship Committee – Member 2. Vivanta Industries Limited  Audit Committee - Member  Nomination & Remuneration Committee - Chairperson  Stakeholder’s Relationship Committee - Member 3. Yarn Syndicate Limited  Audit Committee - Chairperson  Nomination & Remuneration Committee - Chairperson  Stakeholder’s Relationship Committee – Member 4. Svarnim Trade Udyog Limited  Audit Committee – Member  Nomination & Remuneration Committee – Member 9. Letter of Resignation along with Letter of Resignation is attached with this annexure. detailed reasons for resignation Ms. Nidhi Bansal has confirmed that there is no and Confirmation that there is no material reason for her resignation, other than those other material reasons other than stated in the resignation letter. those provided 3. Appointment of M/s. V C A & Associates, Chartered Accountants, (FRN: 114414W) as the Statutory Auditors of the company for a period of five (5) years from FY 2026-27 to FY 2030-31: Sr. Name Particulars 1. Firm Name M/s. V C A & Associates 2. Firm Registration No. 114414W 3. Address 3rd Floor, Samyak Status, Near D.R. Amin School, District Court Road, Diwalipura, Vadodara - 390007, Gujarat 4. Constitution Partnership Firm 5. Reason for Change Appointment as the Statutory Auditors of the Company for a period of five (5) years from FY 2026-27 to FY 2030-31, subject to the approval of the members at the ensuing 11th Annual General Meeting, to hold office from the conclusion of the 11th Annual General Meeting until the conclusion of the 16th Annual General Meeting to be held in the year 2031 6. Date of Appointment 1st September, 2026 7. Term of Appointment To hold office from the conclusion of the 11th Annual General Meeting until the conclusion of the 16th Annual General Meeting to be held in the year 2031 8. Peer Review No. 015951 9. Brief Profile M/s. V C A & Associates, Chartered Accountants, Vadodara, Gujar [Showing first 8,000 characters — download PDF for full document]