Wagend Infra Venture Limited Announces Resignation of Independent Director Yash Surjan
Wagend Infra Venture Limited has announced the resignation of Independent Director Mr. Yash Surjan (DIN: 10426017), effective from close of business hours on March 18, 2026. The resignation was attributed to increased work and personal commitments, with Mr. Surjan also stepping down from his roles as Chairperson of the Stakeholders Relationship Committee, Audit Committee, and Nomination and Remuneration Committee. The company has complied with regulatory requirements by filing the necessary documentation with BSE Limited under Regulation 30 of SEBI LODR.
*this image is generated using AI for illustrative purposes only.
Wagend infra venture Limited has announced the resignation of Independent Director Mr. Yash Surjan, effective from close of business hours on March 18, 2026. The company informed BSE Limited about this board composition change in compliance with regulatory requirements.
Resignation Details
Mr. Yash Surjan (DIN: 10426017) tendered his resignation as Independent Director due to increased work and personal commitments. The resignation was communicated to the company on March 18, 2026, and the board change took effect immediately from the close of business hours on the same date.
| Parameter: | Details |
|---|---|
| Director Name: | Mr. Yash Surjan |
| DIN: | 10426017 |
| Position: | Independent Director |
| Effective Date: | March 18, 2026 |
| Reason: | Work and personal commitments |
| Scrip Code: | 503675 |
Committee Positions
Along with his directorship, Mr. Surjan also stepped down from multiple key committee positions within the company. His resignation resulted in vacancies across three important board committees.
The positions he vacated include:
- Chairperson of the Stakeholders Relationship Committee
- Chairperson of the Audit Committee
- Chairperson of the Nomination and Remuneration Committee
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was filed with BSE Limited on March 19, 2026, along with the required annexures and detailed resignation letter.
| Compliance Aspect: | Status |
|---|---|
| SEBI Regulation: | Regulation 30 of LODR |
| Filing Date: | March 19, 2026 |
| Exchange Notified: | BSE Limited |
| Documentation: | Complete with Annexure I |
| Reference Number: | WIVL/BSE/2025-26 |
In his resignation letter dated March 18, 2026, Mr. Surjan confirmed that there are no other material reasons for his resignation beyond the stated work and personal commitments. He expressed gratitude for the opportunity to serve on the board and acknowledged the support received from fellow board members and the management team.
Company Information
Wagend Infra Venture Limited operates from its registered office at Office No. D 310 Crystal Plaza, opposite Infinity Mall, New link Road, Andheri West, Mumbai 400053. The company secretary and compliance officer, Ms. Unnati Sharma (M. No.: A66581), signed the regulatory filing submitted to the stock exchange. The company's CIN is L67120MH1981PLC025320.
Historical Stock Returns for Wagend Infra Venture
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +8.91% | -3.51% | -4.35% | -2.65% | -60.00% |
How will Wagend Infra Venture address the leadership vacuum across three critical committees, particularly given the regulatory requirements for independent oversight?
What impact might the departure of a key independent director have on the company's corporate governance ratings and institutional investor confidence?
Will the company face any regulatory compliance challenges or timeline pressures in appointing new independent directors to fill these committee positions?
19
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
