Announced Fri, 13 Feb · 18:17 IST

2nd Term Completion of Mr. Leeladhar Shivappa Kotian as Non Executive Independent Director.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Welterman International Ltd has informed the stock exchange that Mr. Leeladhar Shivappa Kotian (DIN: 07413001) has completed his second consecutive term as a Non-Executive Independent Director. Consequently, he ceased to be a Director on the Board and on all Board Committees with effect from the close of business hours on February 12, 2026. The company has placed on record its appreciation for his contributions during his tenure. The intimation has been made under Regulation 30 of the SEBI Listing Regulations, with required disclosures enclosed as Annexure-A. No replacement appointment has been announced in this filing.

Likely market impact

This is a routine end-of-tenure event for an independent director, not a resignation or governance concern. Shareholders should watch for any subsequent announcement regarding the appointment of a replacement independent director to fill the vacancy on the board.