Weizmann Limited has informed the Exchange regarding Change in Director(s) of the company.
WEIZMANIND · price
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Weizmann Limited has informed the stock exchanges that Shri Balady S Shetty (DIN: 01262317), an Independent Director, has completed his second and final term and consequently ceased to be a Director of the company with effect from the close of business hours on 25th September 2025. The Board recorded its appreciation for his contribution and stewardship over the years. This is a routine, expected event since the Companies Act allows independent directors to serve a maximum of two consecutive terms of up to five years each. The Audit Committee has been reconstituted, with Shri Suryanarayanarao Narendra taking over as Chairman, while the other three members (Shri Dharmendra G Siraj, Smt. Smita V Davda, and Shri Kishore M Vussonji) continue unchanged.
This is a routine, non-event for shareholders. Completion of the maximum allowed tenure of an independent director is normal and does not signal any governance concern or change in company direction. The Audit Committee continues with a full set of members, so there is no disruption to board functioning or stock price impact expected.