BWL Limited announced the acceptance of independent director Shri Malay Sengupta's resignation during a Board of Directors meeting held on 12th February 2026 in Kolkata. The resignation, submitted on health grounds, marks the departure of a key board member from the Bhilai-based company.

Resignation Details and Timeline

Shri Malay Sengupta formally tendered his resignation on 27.01.2026, citing both personal reasons and health concerns as the primary factors behind his decision. The board reviewed and accepted his resignation during their February meeting, with the resignation taking effect from 27.02.2026.

Board Resolution and Acknowledgment

The Board of Directors passed a formal resolution accepting Sengupta's resignation and releasing him from his duties and responsibilities as Independent Director. In their resolution, the board specifically acknowledged his contributions to the company during his tenure.

The board expressed "immense gratitude to Shri Sengupta for his valuable advice and guidance to the company, during his tenure as director." This formal acknowledgment highlights the positive impact of his service on the company's governance and strategic direction.

Company Background

BWL Limited, incorporated under CIN-L27105CT1971PLC001096, operates from its registered office in the Industrial Area of Bhilai, Chhattisgarh. The company maintains its corporate presence through its website www.bhilaiwire.com and continues its business operations under the current board structure.

The resignation represents a standard corporate governance procedure, with the company following proper protocols for board member transitions while maintaining continuity in its operations and strategic oversight.