Appointment of Directors at the 75th AGM
WILLAMAGOR · price
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Williamson Magor informed exchanges that at its 75th AGM held on 28th September 2026, shareholders approved the appointment of two new Directors: Mr. Arup Pal (DIN: 11807824) and Mr. Subhajit Majumdar (DIN: 11807464), both effective from 22nd July 2026. Both are appointed as Non-Executive and Non-Independent Directors, liable to retire by rotation. Mr. Pal has over 8 years of experience in accounts and purchase, with prior stints at Assam Company India Ltd. and Travelaids India. Mr. Majumdar brings over 20 years of finance and commercial experience from Mcleod Russel India Ltd. Neither director is related to existing directors or KMPs, and neither has been debarred by SEBI or any other authority.
The addition of two directors strengthens the board with finance and commercial expertise, particularly relevant given Williamson Magor's ongoing debt and corporate restructuring challenges. Shareholders should view this as routine board reconstitution rather than a major strategic shift.