Magnanimous Trade & Finance Ltd. has announced a significant change in its leadership team.

Mr. Ankit Poddar, the company's Chief Financial Officer (CFO), has resigned from his position, citing preoccupation elsewhere.

His resignation became effective at the close of business on August 7, 2025. The Board of Directors promptly accepted the resignation in a recent meeting.

This departure of a key management personnel is an important development for the company's financial operations and strategy, and investors will be looking for updates on the succession plan for this critical role.