Welterman International CFO Narendra M. Patel Passes Away Unexpectedly
Welterman International Limited (BSE: 526431) announced the unexpected death of its Chief Financial Officer, Narendra M. Patel, on October 18, 2025. The company informed the Bombay Stock Exchange on October 20, 2025, in compliance with SEBI regulations. Welterman International described Mr. Patel's demise as an 'irreparable loss' to the organization. The company has not yet announced succession plans for the CFO position.
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Welterman International Limited, a company listed on the Bombay Stock Exchange (BSE: 526431), has announced the unexpected passing of its Chief Financial Officer, Narendra M. Patel, on October 18, 2025. The company formally notified the BSE of this development on October 20, 2025, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
Details of the Announcement
| Particular | Information |
|---|---|
| Name | Narendra M. Patel |
| Designation | Chief Financial Officer |
| Reason for Change | Death |
| Date of Cessation | October 18, 2025 |
Company's Statement
In its communication to the BSE, Welterman International expressed that Mr. Patel's sudden demise represents an "irreparable loss" to the organization. The company's directors and employees have conveyed their deep sympathy and condolences to Mr. Patel's family.
Regulatory Compliance
The company has provided this information in accordance with the following regulatory guidelines:
- Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Schedule III — Para A(7B) of Part A of the Listing Regulations
- SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
- SEBI Circular SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024
The official intimation was signed by Rucha Pathak, the Company Secretary of Welterman International Limited.
About Welterman International Limited
Welterman International Limited is registered with CIN No. L51100MH1992PLC408530. The company's registered office is located at Plot No. 39/1, 39/2/1, 39/2/2 and 39/2/3 MIDC Industrial Area, Dhatav, Tal: Roha, Raigad, 402109, India.
As of now, the company has not announced any immediate plans regarding the succession for the CFO position. Investors and stakeholders are advised to monitor further announcements from the company regarding this matter.
Historical Stock Returns for Welterman International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +12.38% | -4.66% | +3.16% | +874.81% |
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