Welspun Enterprises has informed that the Board of Directors of Welspun Enterprises (the Company), at its meeting held today, May 26, 2025, based on the recommendation of the Nomination & Remuneration Committee (NRC) has, approved and recommended the following item(s) for shareholders’ approval at the ensuing 31st Annual General Meeting (AGM) of the Company; re-appointment of Balkrishan Goenka (DIN: 00270175) as the Whole-time Director, designated as Chairman (Executive) of the Company, for a further term of One (1) year with effect from June 01, 2025 upto May 31, 2026 (both days inclusive). Goenka being Promoter Chairman, the proposed remuneration has been approved and recommended by the Audit Committee; re-appointment of Sandeep Garg (DIN: 00036419) as the Managing Director of the Company, for a further term of One (1) year with effect from June 01, 2025 upto May 31, 2026 (both days inclusive). Further, in line with the Stock Exchange(s) Circular dated June 20, 2018, it is hereby confirmed that the aforementioned director(s) have not been debarred from holding the office of director by virtue of any SEBI order or any other such authority. Further, the details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are disclosed as Annexure-I. The above information is also available on the Company’s website at www.welspunenterprises.com The Board meeting commenced at 11:10 am and concluded at 11:30 am.
The above information is a part of company’s filings submitted to BSE.
