StockWatch
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Other Financial Services
Management Change27 Aug 2026, 07:20 pm

Bridge Securities Appoints Independent Director, Renames to Weorg Enterprises

AI Summary

Bridge Securities Ltd announced significant board changes and corporate actions following a board meeting on August 27, 2026. The company approved the alteration of its Memorandum of Association to rationalize business objects and proposed a name change from "Bridge Securities Limited" to "Weorg Enterprises Limited" or a similar available name, subject to regulatory approval. Additionally, Mr. Manish Shrichand Bachani resigned as Non-executive and Independent Director, and Mr. Sanketkumar Dave was appointed as an Additional Non-Executive and Independent Director. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. The 31st Annual General Meeting is scheduled for September 21, 2026.

Key Highlights

  • Bridge Securities Ltd to be renamed Weorg Enterprises Limited.
  • Appointment of Mr. Sanketkumar Dave as Independent Director.
  • Resignation of Mr. Manish Shrichand Bachani as Independent Director.
  • Board reconstitutes key committees: Audit, NRC, Stakeholder Relationship.
  • 31st AGM scheduled for September 21, 2026, via VC/OAVM.