Dear Sir/ Madam, With reference to above, we wish to inform the Exchange that the Board of Directors ('The Board') of Mangalam Industrial Finance Limited ('The Company') at its meeting held today, i.e. Wednesday, September 30, 2026, have inter alia considered and approved the following: Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the company has approved the appointment of Ms. Bhavika Dhaval ....

Date: 30 September, 2026 REF: MIFL/BSE/BM-OUTCOME-30/SEPTEMBER/2026 Corporate Relations Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. BSE Scrip Code: 537800; Script ID: MANGIND ISIN: INE717C01025 Kind Attn.: Corporate Relations Department Sub: Outcome of the Board Meeting held on Wednesday, September 30, 2026 Listing Regulation: Disclosure under Reg. 30 & all other applicable Regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, (“Listing Regulations”) as amended from time to time. Dear Sir/ Madam, With reference to above, we wish to inform the Exchange that the Board of Directors (“The Board”) of Mangalam Industrial Finance Limited (“The Company”) at its meeting held today, i.e. Wednesday, September 30, 2026, have inter alia considered and approved the following: Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the company has approved the appointment of Ms. Bhavika Dhaval Makadia, (DIN: 11920299), as an “Additional Director” in the category of “Non-Executive Woman Independent Director’ who shall hold o(cid:132)ce from September 30, 2026 till the ensuing Annual General Meeting of the Company. Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015, read with the details pursuant to SEBI circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is annexed herewith as Annexure A The above information will also be made available on the Company’s website at www.miflindia.com The meeting of Board of Directors was commenced at 04:30 P.M. (IST) & concluded at 05:00 P.M. (IST). You are requested to Kindly take note of above and bring the same to the notice of investors and members. Thanking You, Yours Faithfully, For Mangalam Industrial Finance Ltd VENKATA RAMANA REVURU MANAGING DIRECTOR DIN: 02809108 Enclosed as above Annexure A Details pursuant to Regulation 30 of the SEBI LODR Regulations and SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026: Appointment of Ms. Bhavika Dhaval Makadia (DIN: 11920299) as an Additional Non-Executive Woman Independent Director. Sr. NO Particulars Remarks 1. Name of Director Ms. Bhavika Dhaval Makadia (DIN: 11920299) 2. Reason for change viz. appointment, resignation, Appointment of Ms. Bhavika Dhaval removal, death or otherwise; Makadia (DIN: 11920299) as an Additional Director “(Non-Executive Woman Independent Director)” of the Company. 3. Date of Appointment/ cessation (as applicable) The Board of Directors at their meeting and term of appointment; held on September 30, 2026 have approved the appointment of Ms. Bhavika Dhaval Makadia (DIN: 11920299) as an Additional Director “(Non-Executive Woman Independent Director)” of the Company. 4. Brief Profile (In case of appointment); Ms. Bhavika is a qualified Company Secretary with 4 years of professional experience, including more than 3 years of corporate experience. She has a strong professional understanding of corporate governance, board processes, statutory compliance and regulatory requirements. Ms. Bhavika has been associated with various aspects of corporate and secretarial functions, including supporting effective board and committee processes and ensuring compliance with applicable corporate laws and regulatory frameworks. Her experience provides her with a sound perspective on governance, transparency, accountability and responsible corporate practices. 5. Term of Appointment She shall hold office from September 30, 2026 till the ensuing Annual General Meeting of the Company. 6. Disclosure of Relationship between directors. (In Ms. Bhavika Dhaval Makadia is not case of appointment of a director). related to any Director of the Company. 7. Information as required under Circular No. Ms. Bhavika Dhaval Makadia is not LIST/COMP/14/2018-19 issued by the BSE debarred from holding of office of a Director by virtue of any SEBI order or any other such authority.