Web Element Solutions Limited has appointed Abhishek Shashikant Agrawal and Lalit Kumar Tapadia as Additional Non-Executive Independent Directors for a period of three years effective June 30, 2026. The appointments are subject to the approval of the members. The Board of Directors reconstituted its key committees following these changes, effective from the conclusion of the meeting held on June 30, 2026.

The Board meeting was held at the registered office of the company in Goregaon West, Mumbai. The directors satisfy the criteria of independence prescribed under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both appointees are not related to any other directors on the Board and are not debarred from holding the office of director by any SEBI order.

Director Profiles

Abhishek Shashikant Agrawal is a qualified Fellow Chartered Accountant registered with the IICA's Independent Directors Databank. He holds a Bachelor of Commerce and an LL.B degree from Mumbai University. He is currently a partner at M/s ARAV & CO., Chartered Accountants, and possesses over 15 years of experience in finance across sectors such as textile, steel, banking, and aquaculture.

Lalit Kumar Tapadia is a Chartered Accountant by profession with expertise in accounts, investment, management, and finance. He serves as a Non-Executive Independent Director of Foce India Limited. The company highlighted his decision-making skills and ability to formulate growth-oriented ideas.

Committee Reconstitution

The Board reconstituted the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. Lalit Kumar Tapadia has been appointed Chairman of the Audit Committee and the Nomination and Remuneration Committee. Shailesh Patel remains the Chairman of the Stakeholders Relationship Committee.

The composition of the reconstituted committees is as follows:

Web Element Solutions Limited will hold 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 is scheduled pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval of these results is a mandatory requirement under Regulation 33 of the Listing Regulations.

Trading Window Closure

In accordance with a disclosure dated March 31, 2026, the company has intimated the closure of the trading window for dealing in equity shares by all designated persons and their immediate relatives. The window became effective from April 01, 2026, and will continue to remain closed until 48 hours after the declaration of results on May 30, 2026.

Meeting Details

The board meeting will be convened on Saturday, May 30, 2026. The intimation was submitted to BSE Limited, with the company's scrip code being 780016. The filing was made on behalf of the board by Yadavender Singh Kanwar, Whole-time Director.