Management Change31 Oct 2026, 12:01 pm
W. S. Industries Director Completes Second Tenure
AI Summary
W. S. Industries (India) Ltd announced that Mr. R. Karthik, an Independent Director, has completed his second consecutive tenure and ceased to hold office effective October 31, 2026. As per the Companies Act, 2013, he is ineligible for re-appointment for three years. This cessation is solely due to term completion. The Board had previously approved committee reconstitutions to account for this change. Mr. J. Sridharan will assume chairmanship of the Audit Committee and Nomination and Remuneration Committee from November 1, 2026.
Key Highlights
- Independent Director Mr. R. Karthik completes second consecutive term.
- Director ineligible for re-appointment for three years.
- Board committee compositions have been reconstituted.
- Mr. J. Sridharan to chair Audit and Nomination Committees.
Price Impact
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