IFL Enterprises Limited has announced a key board change with the resignation of one of its Non-Executive Independent Directors. The company informed BSE Limited about this development in compliance with regulatory requirements under SEBI Listing Regulations.

Director Resignation Details

Mrs. Dimpleben Arajanbhai Makwana (DIN: 10745925) has tendered her resignation as Non-Executive Independent Director of the company. The resignation became effective from the close of business hours on December 13, 2025.

Regulatory Compliance

The resignation was communicated pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has provided all relevant details as required under the regulatory framework.

Mrs. Makwana confirmed in her resignation letter that there are no material reasons for her resignation other than those mentioned, specifically citing preoccupation with other matters as the primary reason for her decision.

Board Acknowledgment

The Board of Directors has formally noted the resignation and placed on record its sincere appreciation for the contribution made by Mrs. Dimpleben Arajanbhai Makwana during her tenure as a Board Member with the company. The resignation letter was submitted with immediate effect from December 13, 2025.

Company Information

IFL Enterprises Limited operates with CIN: L74110GJ2009PLC151201 and maintains its registered office at Office No. 412, 4th Floor Shilp Zaveri, Samruddhi Soc., NR. Shyamal Cross Road, Satellite, Ahmedabad-380015. The company trades on BSE with scrip code 540377 and symbol IFL, with ISIN INE714U01024.

IFL Enterprises Limited has announced the resignation of Meet Sureshbhai Chhatrala from his position as Executive Director, effective from the close of business hours on December 13, 2025. The company informed BSE Limited about this development in compliance with Regulation 30 of the SEBI Listing Regulations, 2015.

Resignation Details

The key details of the executive departure are outlined below:

Official Communication

In his resignation letter dated December 13, 2025, Chhatrala formally tendered his resignation from the position of Executive Director with immediate effect. The resignation letter was addressed to the Board of Directors at the company's registered office in Ahmedabad, Gujarat. He requested the company to acknowledge receipt of his resignation and arrange to submit the necessary forms with the office of the Registrar of Companies.

Board Response

The Board of Directors of IFL Enterprises Limited has noted the resignation and placed on record its appreciation for the contribution made by Meet Sureshbhai Chhatrala during his tenure as a Board Member with the company. The company has confirmed that Chhatrala provided confirmation that there are no material reasons for his resignation other than those mentioned in his resignation letter.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has provided all relevant details as required under the regulatory framework, including confirmation that the resigning director does not hold directorships in any other listed entities.