Wonder Electricals Limited has informed the Exchange regarding Demise of Mr Jugal Kishore Chugh , Independent Director of the company on January 04, 2026.
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Wonder Electricals Limited has informed the stock exchanges about the sad demise of Mr. Jugal Kishore Chugh (DIN: 01254901), an Independent Director of the company, on January 04, 2026. The company came to know about the demise only on January 06, 2026, which triggered the disclosure under SEBI LODR Regulation 30. This filing is a correction to an earlier intimation that had mistakenly mentioned the date of cessation as January 06, 2026 instead of January 04, 2026. The deceased director did not hold directorship in any other listed company.
The loss of an Independent Director creates a vacancy on the board, and the company will need to fill this position within the timeline prescribed under SEBI LODR to maintain the required composition of independent directors. For shareholders, this is a routine governance disclosure with no direct financial impact, though it may affect board composition in the short term.