Magnanimous Trade & Finance Ltd. reports that Mr. Rakesh Panwar has resigned as the Company Secretary and Compliance Officer, citing personal reasons.

The company's Board of Directors has accepted his resignation, effective immediately.

This is a significant change in a key management personnel role, as the Company Secretary is crucial for maintaining corporate governance standards and ensuring the company's adherence to regulatory requirements.

The company will now need to appoint a new officer to this vital position.