
Management Change12 Aug 2026, 01:53 pm
Bansal Wire Industries: Director Resigns, Approves Share Split & New Director Appointment
AI Summary
Bansal Wire Industries Ltd announced the resignation of Smt. Sunita Bindal as an Independent Director, effective August 12, 2026. Concurrently, the Board approved the appointment of Shri Ramesh Kumar Choubey as an Additional Director (Non-Executive, Independent) for a five-year term. The company also approved a 1:5 stock split for its equity shares, subject to shareholder approval, and set September 17, 2026, as the date for its 41st Annual General Meeting.
Key Highlights
- Independent Director Smt. Sunita Bindal resigns effective August 12, 2026.
- Shri Ramesh Kumar Choubey appointed as Additional Independent Director.
- Board approves 1:5 stock split, pending shareholder approval.
- 41st AGM scheduled for September 17, 2026, via video conference.
Price Impact
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