Wagend Infra Venture Limited has announced the appointment of Ms. Unnati Sharma as Company Secretary and Compliance Officer, effective December 26, 2025. The appointment was approved by the Board of Directors during their meeting held on December 26, 2025, demonstrating the company's commitment to strengthening its corporate governance framework.

Board Approval and Meeting Details

The Board of Directors convened on December 26, 2025, to approve Ms. Sharma's appointment. The meeting commenced at 4:00 P.M. and concluded at 4:30 P.M., indicating an efficient decision-making process. The appointment was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Appointee Profile and Qualifications

Ms. Unnati Sharma brings strong professional credentials to her new role. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A66581. Her appointment reflects the company's focus on ensuring robust compliance and corporate secretarial functions.

Regulatory Compliance and Communication

Wagend Infra Venture Limited has promptly communicated this appointment to BSE Limited, where the company's scrip is listed under the code 503675 with scrip ID WAGEND. The company has fulfilled its disclosure obligations under the listing regulations by providing comprehensive details about the appointee's profile and qualifications.

The appointment notification was signed by Mr. Munnalal Bhaiyalal Jain, Managing Director (DIN: 10478345), emphasizing the senior management's involvement in this strategic decision. This appointment is expected to strengthen the company's compliance framework and corporate governance practices as it continues its operations in the infrastructure sector.

Wagend Infra Venture Limited has announced a significant move in its investment strategy, approving the acquisition of a 10% stake in Broxite Minerals. The board of directors has given the green light for this strategic investment, which is valued at ₹250.00 crore.

Key Details of the Acquisition

Strategic Implications

This acquisition marks a notable expansion for Wagend Infra Venture into the minerals sector. By taking a stake in Broxite Minerals, the company is diversifying its portfolio and potentially gaining exposure to the growing minerals market.

About Broxite Minerals

While specific details about Broxite Minerals are not provided in the announcement, the company's name suggests its involvement in the mineral extraction or processing industry. This acquisition could indicate Wagend Infra Venture's interest in tapping into the resources sector.

Market Impact

The ₹250.00 crore investment represents a significant financial commitment from Wagend Infra Venture. Shareholders and market analysts will likely be watching closely to see how this strategic move affects the company's financial position and future growth prospects.

Next Steps

The announcement does not provide information on the timeline for completing the acquisition or any regulatory approvals that may be required. Investors and stakeholders will be keen to receive further updates on the progress of this transaction and its integration into Wagend Infra Venture's operations.

As this development unfolds, it will be important to monitor how this strategic investment aligns with Wagend Infra Venture's long-term business objectives and its potential impact on the company's market position.