StockWatch
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Management Change30 Jun 2026, 09:00 pm

Web Element Solutions Appoints Two Additional Non-Executive Independent Directors

AI Summary

Web Element Solutions Limited announced the appointment of Mr. Abhishek Shashikant Agrawal and Mr. Lalit Kumar Tapadia as Additional Non-Executive Independent Directors. Both appointments are for a term of three years, effective from June 30, 2026, to June 29, 2029, subject to shareholder approval. The board also reconstituted its committees following these appointments. Mr. Agrawal is a Chartered Accountant with over 15 years of experience in finance across various sectors. Mr. Tapadia is also a Chartered Accountant with expertise in accounts, investment, management, and finance. Both directors meet the independence criteria as per the Companies Act, 2013, and Listing Regulations.

Key Highlights

  • Two new Non-Executive Independent Directors appointed.
  • Appointments are for a three-year term commencing June 30, 2026.
  • Both directors meet independence criteria.
  • Board committees have been reconstituted.
  • Appointments are subject to member approval.