Wagend Infra Venture Limited has accepted the resignation of Yash Surjan from the office of Independent Director, effective from the close of business hours on August 3, 2026. Surjan, who served as Chairperson of the Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee, cited increased professional and personal commitments as the primary reason for his departure. This change impacts the composition of key board committees, requiring the company to appoint replacements to maintain regulatory compliance.

The Board of Directors formally took on record and accepted the resignation after the completion of the entire handover and transition process. In its disclosure to the Bombay Stock Exchange (BSE) on August 3, 2026, Wagend Infra stated that Surjan continued to extend support during the intervening period to facilitate a smooth and orderly transition of responsibilities. This action ensures continuity in governance processes while adhering to the timeline set by the director.

Surjan had originally tendered his resignation on March 18, 2026, in a letter addressed to the Board. In that communication, he confirmed there were no other material reasons for his resignation beyond his increased commitments. He expressed gratitude for the opportunity to serve on the Board and work alongside management and fellow directors. The company acknowledged his valuable guidance and contributions during his tenure.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto. It also complies with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing confirms that all other particulars contained in the earlier disclosure dated March 19, 2026, including the reason for resignation, remain unchanged.

Key Details of Resignation

The company secretary and compliance officer, Unnati Sharma, signed the disclosure. The filing notes that Surjan holds no other directorships in listed entities. The Board appreciated his continued assistance during the transition period and wished him success in future endeavors.

Wagend Infra Venture Limited has scheduled a board meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting will be held at 5:00 P.M., and the outcome will determine the company's financial performance for the full fiscal year. The trading window for designated persons and their immediate relatives remains closed from April 1, 2026, until 48 hours after the declaration of the results, in accordance with the company's code of conduct and SEBI regulations.

The board will review the draft audit report alongside the financial results. Following the conclusion of the meeting, the audited financial results and the draft audit report will be submitted to the stock exchange. The company will also host these documents on its website on the same day and subsequently publish them in newspapers, complying with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The intimation regarding the board meeting was sent to BSE Limited under Regulation 29 of the SEBI LODR regulations. The company's compliance officer, Ms. Unnati Sharma, confirmed the schedule and the procedural adherence to insider trading regulations. The closure of the trading window is a standard measure to prevent insider trading during the sensitive period leading up to the results announcement.

Key Meeting Details

The financial results for the quarter and financial year ended March 31, 2026, are critical for assessing the company's annual performance. The board's approval will pave the way for public disclosure, ensuring transparency for shareholders and regulatory bodies.