Welterman International Ltd. announced key leadership appointments following its Board of Directors meeting held on March 31, 2026. The company made strategic additions to its management team with the appointment of a new Chief Financial Officer and an Independent Director, along with reconstitution of board committees under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Chief Financial Officer Appointment

The Board appointed Ms. Poonam Khetle as Chief Financial Officer and Key Managerial Personnel, effective March 31, 2026. The appointment was made based on recommendations from the Nomination and Remuneration Committee.

Ms. Khetle brings comprehensive experience in corporate finance, statutory audit, and tax compliance matters. Her expertise encompasses financial management, taxation, and corporate governance, positioning her to provide strategic financial leadership and ensure regulatory compliance for the organization.

Independent Director Addition

Ms. Shruti Gupta (DIN: 08569311) was appointed as Additional Non-Executive Independent Director for her first term of five consecutive years. The appointment is effective from March 31, 2026 to March 30, 2031, subject to shareholder approval.

Ms. Gupta is a seasoned corporate governance professional and Practicing Company Secretary with over 11 years of experience in corporate law advisory, board governance, regulatory compliance, and strategic legal advisory. She has been in independent professional practice since 2015, providing expertise across various regulatory frameworks including Companies Act, SEBI Regulations, FEMA, GST and Income Tax laws.

Board Committee Reconstitution

Following the changes in board composition, the company reconstituted three key committees effective March 31, 2026:

Regulatory Compliance

Both appointments comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 30. The company confirmed that neither appointee is debarred from holding their respective positions by SEBI or any other statutory authority. The detailed information was provided as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The Board meeting commenced at 2:30 p.m. and concluded at 3:00 p.m. on March 31, 2026, with all decisions made in accordance with regulatory requirements and proper governance protocols. The communication was signed by Mohammad Mansur H. Dhanani, Director (DIN: 08814878).

Welterman International Ltd announced its unaudited financial results for the quarter ended December 31, 2025, marking the third quarter of fiscal year 2026. The Board of Directors approved these results during their meeting held on February 11, 2026, which commenced at 3:00 PM and concluded at 3:45 PM, in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company's quarterly performance showed mixed results with revenue remaining relatively stable while losses narrowed compared to the previous year. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors PSCA & CO., Chartered Accountants.

Regulatory Compliance and Documentation

The company submitted its quarterly results to BSE Limited under scrip code 526431, fulfilling its regulatory obligations. The results were accompanied by an Independent Auditors' Limited Review Report prepared by PSCA & CO., Chartered Accountants (FRN: 118493W). Partner GA Vijay M. Parikh (Membership No.: 031773) signed the review report, confirming compliance with applicable accounting standards.

Expense Analysis

The company's expense structure showed significant variations across different categories during the quarter. Employee benefits expenses increased to Rs 3.51 lakhs from Rs 3.46 lakhs in the corresponding quarter of the previous year. Other expenses decreased substantially to Rs 8.33 lakhs from Rs 10.51 lakhs in Q3 FY25.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Welterman International reported total revenue of Rs 15.26 lakhs compared to Rs 15.33 lakhs in the corresponding period of the previous year. The cumulative loss for the nine-month period stood at Rs 24.32 lakhs, significantly higher than the Rs 13.18 lakhs loss recorded in the same period last year.

Earnings Per Share and Business Operations

The company's earnings per share (EPS) for Q3 FY26 was negative Rs 0.16 per share (face value Rs 10 per share), showing improvement from the negative Rs 0.21 per share in Q3 FY25. For the nine-month period, the EPS stood at negative Rs 0.55 per share compared to negative Rs 0.30 per share in the corresponding period of the previous year.

Welterman International is engaged in manufacturing inorganic water soluble chemical fertilizers, which constitutes its single business segment. The company operates from its registered office located at Plot No. 39/1, 39/2/1, 39/2/2 and 39/2/3 MIDC Industrial Area, Dhatav, Tal: Roha, Raigad. The financial results were signed by Company Secretary Rucha Pathak and Director Mohammed Mansur H. Dhanani.