Welspun Living Limited Announces Retirement of Retainer Director – Manufacturing

1 min read     Updated on 01 May 2026, 06:21 AM
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AI Summary

Welspun Living Limited has announced the retirement of Mr. Ashok Kumar Joshi from the position of Retainer Director – Manufacturing and Senior Management Personnel, effective from close of business hours on April 30, 2026. The disclosure was made to BSE and NSE under Regulation 30 of SEBI Listing Regulations. Mr. Joshi tendered his resignation to the Managing Director, and the disclosure was signed by Company Secretary Shraddha Mahesh Popat.

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Welspun Living Limited has announced the retirement of Mr. Ashok Kumar Joshi from the position of Retainer Director – Manufacturing and Senior Management Personnel. The retirement is effective from close of business hours on April 30, 2026, as disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Change

The company provided comprehensive details regarding the change in senior management personnel. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited, with the company's scrip code 514162 on BSE and symbol WELSPUNLIV on NSE.

Particulars Details
Name of Senior Management Personnel Mr. Ashok Kumar Joshi
Reason for change Retirement
Date of cessation Effective from close of business hours on April 30, 2026
Brief Profile Not applicable
Disclosure of relationship between directors Not applicable

Resignation Communication

Mr. Ashok Kumar Joshi formally tendered his resignation from the position of Retainer Director – Manufacturing and Senior Management Personnel with effect from April 30, 2026, consequent upon his retirement. The resignation letter was addressed to the Managing Director of Welspun Living Limited. Mr. Joshi holds Director Identification Number (DIN) 08607214.

The disclosure was signed by Shraddha Mahesh Popat, Company Secretary and ACS: 54561, on behalf of Welspun Living Limited. The company's registered office is located at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat.

Who will Welspun Living appoint as the new Retainer Director – Manufacturing to replace Mr. Joshi?

How might this leadership transition impact Welspun Living's manufacturing operations and strategic initiatives?

Will this retirement trigger a broader management restructuring at Welspun Living's senior leadership level?

Welspun Living Submits SEBI Compliance Certificate for Quarter Ended March 2026

1 min read     Updated on 08 Apr 2026, 05:03 AM
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AI Summary

Welspun Living Limited filed its quarterly compliance certificate for the quarter ended March 31, 2026, confirming adherence to SEBI Regulation 74(5) regarding dematerialisation processes. The certificate was issued by registrar MUFG Intime India Private Limited on April 3, 2026, and submitted to BSE, NSE, NSDL, and CDSL by Company Secretary Shraddha Popat on April 7, 2026. The filing confirms proper handling of securities received from depository participants during the quarter, with all procedures completed within prescribed timelines.

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Welspun Living Limited has submitted its quarterly compliance certificate to stock exchanges and depositories, confirming adherence to regulatory requirements for the quarter ended March 31, 2026. The filing demonstrates the company's commitment to maintaining proper securities handling procedures as mandated by market regulators.

Regulatory Compliance Certificate

The compliance certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's registrar and share transfer agent, on April 3, 2026. Company Secretary Shraddha Popat formally submitted the documentation to regulatory authorities on April 7, 2026.

Filing Details: Information
Certificate Date: April 3, 2026
Submission Date: April 7, 2026
Quarter Covered: Ended March 31, 2026
Registrar: MUFG Intime India Private Limited
Company Secretary: Shraddha Popat (ACS: 54561)

SEBI Regulation Compliance

The certificate confirms compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation governs the dematerialisation process and ensures proper handling of securities received from depository participants during the quarter.

MUFG Intime India Private Limited confirmed that all securities received for dematerialisation during the quarter were properly processed within prescribed timelines. The registrar verified that security certificates were appropriately mutilated and cancelled after due verification, with depository names substituted in the register of members as registered owners.

Regulatory Submissions

The compliance certificate was submitted to multiple regulatory bodies and stock exchanges:

  • BSE Limited - Department of Corporate Services
  • National Stock Exchange of India Limited - Listing Compliance Department
  • National Securities Depository Limited - Trade World facility
  • Central Depository Services (India) Limited - Marathon Futurex office

Company Information

Welspun Living Limited, formerly known as Welspun India Limited, operates with its registered address at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat. The company maintains its corporate office at Welspun House in Mumbai's Lower Parel area, with manufacturing facilities located in Vapi, Gujarat.

The quarterly compliance filing represents standard regulatory procedure, ensuring transparency in securities handling and maintaining investor confidence through proper documentation of dematerialisation processes.

What operational or strategic changes might Welspun Living implement following their recent corporate rebranding from Welspun India Limited?

How could the company's expansion of manufacturing facilities in Vapi, Gujarat impact their market competitiveness in the textile sector?

What are the potential implications of MUFG Intime's enhanced role as registrar for Welspun Living's future investor relations strategy?

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