Announced Mon, 14 Apr · 11:51 IST

Appointment of Mr. Pradeep Ramjivan Goyal (DIN: 02798770) as an Additional Director (Non-Executive Independent)

Management Changes View source PDF

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AI summary

Welterman International has appointed Mr. Pradeep Ramjivan Goyal (DIN: 02798770) as an Additional Director designated as Non-Executive Independent Director, effective April 14, 2025. He is a 60-year-old Chartered Accountant with around 20 years of experience in finance, accounting, auditing, and the fertilizer sector. His term is for five consecutive years, subject to shareholder approval, for which a postal ballot will be conducted. The board confirmed he is not related to any other director, holds no shares in the company, and is not debarred by SEBI or any other authority.

Likely market impact

This is a routine board-level appointment with no immediate material impact on operations or financials. It strengthens board independence, though shareholder approval is still pending via postal ballot.