Outcome of Board Meeting held today i.e. 13th November, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Wires & Fabriks SA Ltd, at its meeting on 13th November 2025, approved three key changes. First, Mrs. Shailja Khaitan (DIN: 00820688) was appointed as an Additional Director (Non-Executive, Non-Independent) — she is the spouse of Managing Director Shri Mahendra Khaitan and holds 100 equity shares in the Promoter Group category. Second, Mrs. Pranika Khaitan Rawat (DIN: 07062242) resigned as Non-Executive Non-Independent Director citing pre-occupation and other professional commitments, with no material reason disclosed. Third, the Nomination and Remuneration Committee was reconstituted, with Dr. Sudhir Bhandhari as Chairman, Mr. Rishi Bajoria and the newly appointed Mrs. Shailja Khaitan as members.
This is effectively a promoter family board reshuffle — an existing Khaitan-family director exited while the Managing Director's spouse was inducted onto the Board, reinforcing promoter family influence over governance. Shareholders should note this is a routine family-level change with no direct impact on financials or operations, though it increases promoter representation on the board.