Pursuant to Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015 and SEBI Circular dated November 11, 2024, disclosure of change in management due to resignation of Mr. Yash ....
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Mr. Yash Surjan (DIN: 10426017), Independent Director of Wagend Infra Venture Ltd, resigned from the board with effect from the close of business hours on March 18, 2026. He cited increased professional and personal commitments as the reason for stepping down. Along with his directorship, he also vacated the chairmanship of three key board committees: the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee. He confirmed in his resignation letter that there are no other material reasons behind his exit. The company has disclosed this change under SEBI LODR Regulation 30 read with the November 11, 2024 SEBI circular.
The departure of one Independent Director, who also chaired three critical board committees including the Audit Committee, leaves governance gaps that the company will need to fill quickly. For shareholders, this is a routine disclosure with a clean exit, but the loss of an audit committee chair could matter for board oversight until a replacement is appointed.