Wonder Electricals Limited has informed the Exchange regarding Demise of Mr Jugal Kishore Chugh, Independent Director of the company on January 06, 2026.
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Wonder Electricals Limited has informed the stock exchanges about the unfortunate demise of Mr. Jugal Kishore Chugh (DIN: 01254901), an Independent Director of the company, on January 06, 2026. The company described his passing as unexpected and expressed condolences to his family. The required disclosures under SEBI Listing Regulations have been annexed. He did not hold directorship in any other listed company.
The sudden loss of an Independent Director creates a vacancy on the board that will need to be filled within the timelines prescribed under SEBI rules and the Companies Act to maintain board composition compliance. This is a non-financial event with no direct impact on operations, though it may lead to short-term governance scrutiny.