Wires & Fabriks (S.A.) Limited has accepted the resignation of Mr. Bishwajit Singh from his roles as Company Secretary and Compliance Officer. The Board of Directors approved the departure during a meeting held on August 11, 2026, confirming that Singh will cease to hold these positions effective from the close of business hours on August 13, 2026. This change in key managerial personnel affects the company’s compliance oversight structure.

The resignation was submitted by Singh on July 15, 2026, citing personal reasons as the sole cause for his exit. In his resignation letter, Singh confirmed that there were no material reasons other than personal considerations influencing his decision to step down. He expressed gratitude for the opportunities provided during his tenure and committed to ensuring a smooth transition of responsibilities before his departure.

The Board formally noted and accepted the resignation in accordance with regulatory requirements. The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced the SEBI master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, updated as on January 30, 2026, while submitting the notice to BSE Limited.

The Board meeting where the acceptance was recorded commenced at 1:30 p.m. and concluded at 3:30 p.m. on August 11, 2026. The company submitted the notice of resignation received from Singh along with the required disclosures to the stock exchange. As a listed entity, Wires & Fabriks is obligated to inform investors promptly of any changes in key managerial personnel to ensure transparency regarding corporate governance structures.

Singh, who held membership number A38395, served as both the Company Secretary and the designated Compliance Officer for the Kolkata-based manufacturer. His departure leaves the company responsible for appointing a successor to manage statutory compliance and corporate secretarial duties. The filing did not disclose any immediate plans for replacement or interim arrangements following his exit.

Wires & Fabriks shareholders have formally approved a significant restructuring of its top leadership during the 69th Annual General Meeting (AGM) held on July 29, 2026. The meeting also saw the declaration of a dividend of ₹0.10 per equity share for the financial year ended March 31, 2026. The leadership changes involve three key executives from the Khaitan family, with new designations and remuneration packages approved for a term starting April 1, 2027. This consolidation of family control ensures continuity in strategic direction while aligning roles with operational responsibilities.

The AGM, conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), commenced at 3:00 p.m. IST and concluded at 3:56 p.m. IST. Dr. Mahendra Khaitan, Managing Director, chaired the proceedings on behalf of Mr. Kishan Kumar Khaitan, Chairman, citing technical difficulties. Dr. Khaitan confirmed that the requisite quorum was present and that all statutory registers were open for inspection. He noted that the auditors’ report contained no adverse remarks or qualifications requiring specific deliberation.

Leadership Restructuring Details

Shareholders approved special resolutions to reappoint three directors with changes in their designations and terms. The appointments were initially approved by the Board on May 28, 2026, and subsequently ratified by shareholders. The new terms are effective from April 1, 2027, to March 31, 2032. Remuneration for these roles was also approved for a period of three years, from April 1, 2027, to March 31, 2030.

Dr. Mahendra Khaitan’s role shifts from Managing Director to Vice Chairman, while Mr. Devesh Khaitan is elevated from Joint Managing Director to Managing Director. Mr. Kishan Kumar Khaitan continues as Chairman. The company affirmed that none of the reappointed directors have been debarred from holding office by SEBI or any other authority, in compliance with BSE circular no. LIST/COMP/14/2018-19 dated June 20, 2018.

Voting Results and Compliance

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (updated as on January 30, 2026), the company submitted the proceedings to the stock exchanges. Voting was conducted through remote e-voting via NSDL, with the remote voting period running from July 26, 2026, at 9:00 a.m. to July 28, 2026, at 5:00 p.m.

The detailed voting results and the Scrutinizer’s Report, prepared in accordance with Regulation 44 of SEBI LODR and Section 108 of the Companies Act, 2013, were communicated to the exchanges within the stipulated timeframe. Twinkle Agarwal, Practising Company Secretary, served as the scrutinizer. All six resolutions — including the adoption of financial statements, dividend declaration, and director reappointments — were passed with requisite majority. For instance, the resolution to adopt the financial statements received 99.99% support in favor, with only 44 votes against out of 2,296,331 polled. Company Secretary Bishwajit Singh facilitated the transaction of businesses and confirmed that all resolutions had been put to vote successfully.