Mayur Leather Products Appoints Ms. Monu Toshniwal as Company Secretary and Compliance Officer

Mayur Leather Products Limited has announced a significant addition to its leadership team. The company's Board of Directors has approved the appointment of Ms. Monu Toshniwal as the new Company Secretary and Compliance Officer, effective October 25, 2025.

Key Highlights of the Appointment

Appointment Date: October 25, 2025
Position: Company Secretary and Compliance Officer
Approval: Recommended by the Nomination and Remuneration Committee and approved by the Board of Directors
Regulatory Compliance: First-time appointment under Section 203 of the Companies Act, 2013

Ms. Monu Toshniwal's Professional Profile

Aspect	Details
Qualification	Associate Member of the Institute of Company Secretaries of India (ICSI)
Membership No.	A26167
Key Expertise	Corporate Secretarial, Legal, and Compliance Management
Specific Skills	Companies Act, SEBI Regulations, Listing Compliances
Background	Strong experience in corporate governance practices and regulatory filings

Significance of the Appointment

This appointment marks a crucial step for Mayur Leather Products Limited in strengthening its corporate governance structure. As the Company Secretary and Compliance Officer, Ms. Toshniwal will play a vital role in ensuring the company's adherence to regulatory requirements and maintaining effective compliance mechanisms.

Regulatory Compliance

The appointment is in line with the following regulatory frameworks:

Companies Act, 2013
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI (Prohibition of Insider Trading) Regulations, 2015

Board Meeting Details

Aspect	Information
Date	October 25, 2025
Venue	Registered Office, Jagatpura
Meeting Commencement	02:00 PM
Meeting Conclusion	03:00 PM

The appointment of Ms. Monu Toshniwal is expected to contribute to Mayur Leather Products Limited's corporate governance practices, leveraging her experience in the field of corporate secretarial, legal, and compliance management.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.30%	-14.53%	-15.25%	+41.64%	+41.64%	+183.02%

Mayur Leather Products has announced significant changes in its management structure, with two key resignations effective October 13, 2025. The company, known for its leather products, disclosed these changes in a regulatory filing to the Bombay Stock Exchange (BSE).

Dual Resignations

Company Secretary and Compliance Officer

Ms. Vaishali Goyal has stepped down from her role as Company Secretary and Compliance Officer.
Reason: To explore other career opportunities.

Non-Executive Independent Director

Mr. Sharad Vyas has resigned from his position as Non-Executive Independent Director.
Reason: Pre-occupation and personal commitments.

Interim Arrangements and Committee Changes

Following these resignations, Mayur Leather Products has made the following arrangements:

Compliance Duties: CEO Rajendra Kumar Poddar and CFO Akhilesh Poddar will temporarily handle compliance responsibilities until a new Company Secretary is appointed.
Committee Restructuring: Due to Mr. Vyas's departure, he will no longer be a part of the Audit Committee and Nomination and Remuneration Committee. The Board has initiated the process of reconstituting these committees in line with regulatory requirements.

Additional Information on Mr. Sharad Vyas

Mr. Vyas's resignation has broader implications beyond Mayur Leather Products:

Aspect	Details
Other Directorships	Loyal Equipments Limited
Committee Positions Held	- Corporate Social Responsibility Committee (Chairman)
	- Nomination and Remuneration Committee (Member)
	- Audit Committee (Member)
	- Stakeholders Relationship Committee (Chairman)
Resignation Confirmation	No material reasons for resignation other than those stated in his letter

Company's Response

Mayur Leather Products has assured stakeholders that it is taking necessary steps to ensure smooth transitions following these resignations. The company has updated its website with this information to maintain transparency with its investors and the public.

These management changes come at a time when companies are increasingly focusing on corporate governance and transparency. Mayur Leather Products' prompt disclosure and interim arrangements demonstrate its commitment to maintaining operational continuity and regulatory compliance.