Further to our intimation dated 8th August 2025, we hereby inform that the 2nd consecutive term of Mr. Saroj Khemka as Non Executive Independent Director (DIN: 00489838) completed on 11th ....
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Mr. Saroj Khemka (DIN: 00489838) has stepped down as Non-Executive Independent Director of Wires & Fabriks (S.A.) Ltd after completing his second and final consecutive term. His tenure ended on 11th August 2025, and he ceased to be a director with effect from 12th August 2025. Under SEBI rules, an independent director can serve a maximum of two consecutive terms of five years each, so this is a routine completion of his full allowable tenure. The company has disclosed this under Regulation 30 of the SEBI Listing Regulations. No other details such as reason beyond tenure completion or replacement plans were shared in this filing.
This is a routine governance event with no material impact on the business or shareholders. The company will need to appoint a new independent director to maintain the required composition of the board, but the stock price is unlikely to be affected.