Clarification to the outcome of the Board meeting filed on 11th August 2025.
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WEP Solutions Ltd has issued a clarification following its 11 August 2025 board meeting. Mr Shankar Jaganathan (DIN: 02121024) has ceased to hold office, and the Audit Committee has been reconstituted effective 27 August 2025. Mr Sharul Jain (DIN: 08959376), a Non-Executive Independent Director, will chair the reconstituted committee. The other members are Mr G H Visweswara and Ms Shruti Agarwal, both Non-Executive Independent Directors. The filing was signed by Chandralika Sharma, Company Secretary & Compliance Officer.
The change is procedural and reflects a board-level transition with the audit committee now fully composed of independent directors, which is generally viewed as a positive governance signal. No immediate financial or operational impact is indicated from this clarification.