Appointment of Neelam Wadhwa As Whole Time Director of the company and Resignation of Mr. Sumer Singh Wadhwa Non Executive Non Independent Director of the company
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Seasons Textiles has appointed Mrs. Neelam Wadhwa as a Whole-Time Director for a 5-year term effective October 17, 2025, approved via postal ballot. She is a graduate from Delhi University with experience in business development, marketing, and the furnishing textiles industry, and currently holds 18.67% equity (about 13.98 lakh shares) in the company. She is the wife of the company's Chairman & Managing Director, Inderjeet Singh Wadhwa. In a related move, Mr. Sumer Singh Wadhwa, a Non-Executive Non-Independent Director and her son, resigned from the board effective October 18, 2025.
This is an internal promoter-family reshuffle — the CMD's wife takes an executive board seat while their son steps down from a non-executive role, consolidating promoter family control. Shareholders should note that management remains firmly in promoter hands with no independent change in leadership at the top (CMD unchanged).