RESIGNATION OF MALAY SENGUPTA
Awaiting price reaction for this filing.
Malay Sengupta has resigned from the Board of Directors of BWL Limited as an Independent Director, citing personal reasons and health/medical grounds. His resignation letter was dated 27 January 2026, and the Board accepted it with immediate effect at a meeting held on 12 February 2026 in Kolkata. The Board recorded gratitude for his valuable advice and guidance during his tenure. He had been associated with the company since 23 October 2010. The company also confirmed that no other material reasons exist for the resignation beyond health grounds. Mr. Sengupta also holds a directorship in Metals and Energy Limited.
This is a routine change at the board level with no operational or financial impact on the company. Shareholders should note the company will need to fill the vacant independent director position within the regulatory timeline to maintain board composition compliance.