wires & fabriks has authorized specific Key Managerial Personnel (KMPs) to determine the materiality of events and make mandatory disclosures to stock exchanges, a move that streamlines its compliance workflow under SEBI regulations. The authorization becomes effective on August 14, 2026, allowing designated executives to act swiftly in disclosing price-sensitive information without requiring prior board approval for every instance, provided the information meets the materiality threshold defined by the regulations.

The company filed the disclosure with BSE Limited on August 11, 2026, citing Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory provision permits listed entities to delegate the responsibility of assessing materiality and making disclosures to KMPs, thereby enhancing operational efficiency while maintaining regulatory compliance. The filing was signed by Bishwajit Singh, the Company Secretary.

Two executives have been granted this authority:

Devesh Khaitan, the Joint Managing Director, can be contacted at the company’s registered office at 7, Chittaranjan Avenue, Kolkata-700072, via phone at (033) 44073873 or email at gov.devesh@khaitan.net . Pramod Agarwal, the Chief Financial Officer, shares the same contact details, with an additional email address listed as pramod.agarwal@wirefabrik.com .

Regulatory Context

Regulation 30 of the SEBI (LODR) Regulations, 2015, mandates immediate public disclosure of price-sensitive information. Sub-regulation (5) specifically allows the Board of Directors to authorize KMPs to determine whether an event or information is material and to make the necessary disclosures to the stock exchanges. This delegation is common among listed companies to ensure timely compliance with market disclosure norms.

By formalizing this authorization, Wires & Fabriks ensures that its governance structure aligns with SEBI’s expectations for transparency and timely communication with investors. The company, known for manufacturing paper machine clothing, continues to maintain its ISO 9001:2015 certification, reflecting its commitment to quality management systems alongside regulatory adherence.

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.