Muzali Arts Ltd - Board Meeting Outcome for Held On 05Th April 2024

This has reference to our intimation dated 02nd April 2024, regarding the captioned subject. The Board, at their meeting held on 05th April 2024 transacted the following items of business Appointment of Mr. Mansoorbhai Murtuza as Executive Director and Chairperson of the Company Appointment of Mr. Naresh Gopani as Additional Non-Executive Non-Independent Director Approved the disinvestment in Overseas Subsidiary Jalan Collections, INC, USA Approved the Postal Ballot Notice and Calendar of events Considered and approved the appointment of Mr. Nuren Nirmal Lodaya (ACS 60128), proprietor of M/s. Nuren Lodaya & Associates Practicing Company Secretaries, as the scrutinizer