Postal ballot to appoint Mr. Keyur Parekh as Whole-time Director

Board & Shareholder Meetings View source PDF

WELSPUNLIV · price

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Price reaction · full curve 14 horizons · vs prior close

—1-day move

₹164.25

prior close

₹163.70

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AI summary

Welspun Living has sent a postal ballot notice seeking member approval for appointing Mr. Keyur Parekh (DIN 10777907) as Whole-time Director for 5 years effective June 01, 2026. He is currently CEO of Global Business with 28 plus years experience and 17 plus years at Welspun. Annual remuneration of about Rs 4.50 crore (fixed Rs 3.38 crore plus variable Rs 1.13 crore) with up to 15 percent yearly revision. E-voting runs July 28 to August 26, 2026; results by August 28.

Likely market impact

Routine board appointment approval; reflects internal succession as CEO moves to Whole-time Director role. Watch voting outcome.