
AGM/EGM30 Jul 2026, 01:29 pm
Wires & Fabriks SA Ltd: Directors Reappointed, Designations Changed
AI Summary
Wires & Fabriks SA Ltd announced the re-appointment of key personnel following its 69th Annual General Meeting held on July 29, 2026. Mr. Kishan Kumar Khaitan has been re-appointed as Chairman for five years from April 1, 2027, to March 31, 2032. Dr. Mahendra Khaitan's designation has changed from Managing Director to Vice Chairman for the same five-year term. Mr. Devesh Khaitan has been appointed as Managing Director, also for a five-year term effective April 7, 2027. Remuneration for these roles has been approved for a three-year period starting April 1, 2027. The company affirmed that the re-appointed directors have not been debarred by any regulatory authority.
Key Highlights
- Key directors reappointed for 5-year terms effective April 1, 2027.
- Designations of Dr. Mahendra Khaitan and Mr. Devesh Khaitan changed.
- Remuneration approved for a 3-year period for reappointed directors.
- Company confirms directors are not debarred by regulatory authorities.
Price Impact
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