Independent Director Bhawna Saunkhiya resigns with immediate effect

Director resignedManagement Changes View source PDF Explain this filing

WEL · price

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Price reactionminutes from the announcement price · days from the prior close

+2.7%Reaction day

₹74.00

prior close

₹75.31

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+1.6% vs market

Household Appliances peers, median of 23sector+0.6%+2.2% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.2 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

-0.0

15m

+0.3

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.7+1.1+1.6+0.6+2.2

Next day

+1.6pendingpending+0.4+1.2

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15d

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UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 23Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ms Bhawna Saunkhiya resigned as Wonder Electricals' non-executive Independent Director with immediate effect on 5 November 2026, citing pre-occupation with other professional commitments. She was appointed on 12 November 2024 and confirmed there were no other material reasons for her resignation.

Likely market impact

Her exit removes one independent director and changes board oversight. No governance dispute or other material reason was reported, so the direct stock impact appears limited.