MPDL Limited has announced the resignation of Ms. Babika Goel from her position as Non-Executive Woman Independent Director, effective February 02, 2026. The resignation was tendered with immediate effect due to personal reasons, as disclosed in a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Babika Goel submitted her resignation letter on February 02, 2026, citing personal commitments and pre-occupation as the primary reasons for her decision. In her resignation letter, she stated that she was "unable to give required time and devotion for performing the duties of the Independent Director" due to these personal circumstances.

Regulatory Compliance

The company has fulfilled its disclosure obligations by submitting the required documents under Part A of Schedule III of SEBI LODR 2015. These include the original resignation letter with detailed reasons, a confirmation certificate stating there are no material reasons for resignation beyond those mentioned, and details of other directorships held by Ms. Goel.

Ms. Goel confirmed in a separate letter that "there are no material reasons for my resignation other than those mentioned in my resignation letter dated February 02, 2026," ensuring transparency in the resignation process.

Other Directorships

According to the disclosure, Ms. Babika Goel currently holds directorship in one other listed entity:

The resignation filing was signed by Bhumika Chadha, Company Secretary & Compliance Officer of MPDL Limited, and communicated to BSE Limited for the company's scrip code 532723.

Company Information

MPDL Limited operates with its registered office located at 11/7, Mathura Road, Sector-37, Faridabad, Haryana-121003, and corporate office at Unit No-12, GF, Magnum Towers Tower-1, Sector-58, Golf Course Extension, Gurugram, Haryana-122011. The company's Corporate Identification Number is L70102HR2002PLC097001.

MPDL Limited has formally notified BSE about the successful completion of Sandeep Kumar's appointment as Non-Executive Independent Director following overwhelming shareholder approval through postal ballot. The company submitted the voting results and scrutinizer's report to BSE on January 05, 2026, confirming the special resolution was passed on January 04, 2026.

Shareholder Approval Results

The postal ballot voting concluded with decisive support from shareholders across all categories:

BSE Compliance and Documentation

The company submitted comprehensive documentation to BSE under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission included voting results and the scrutinizer's report prepared by Kapil Dev Taneja of Sanjay Grover & Associates.

Appointment Details

The Board of Directors had initially approved Sandeep Kumar's appointment on November 13, 2025, subject to shareholder approval. The key terms of his appointment include:

Professional Background

Sandeep Kumar brings over 11 years of post-qualification experience as a Company Secretary to MPDL Limited. His expertise spans corporate secretarial, legal, and compliance functions across various organizations.

Career Highlights

Voting Process and Compliance

The postal ballot process was conducted through NSDL's remote e-voting platform with 30 e-voters participating. The voting period extended from December 06, 2025, to January 04, 2026. Kapil Dev Taneja of Sanjay Grover & Associates served as the scrutinizer for the postal ballot process, ensuring compliance with all regulatory requirements.

The company confirmed that Sandeep Kumar is not related to any other director on the Board, is not debarred from accessing the capital market, and is not restrained from holding directorship in any listed company by SEBI or other authorities. With the formal BSE notification completed, the appointment process has been fully concluded in accordance with regulatory requirements.