Scrip Symbol / Code: WALCHANNAG (NSE), 507410 (BSE)
Date: November 02, 2026
1. Change in Director / Key Managerial Personnel
Nature of change: Appointment as Interim Chief Financial Officer and Key Managerial Personnel
Name and DIN of the individual: Mr. Chandra Bhan Yadav (DIN not provided in disclosure)
Effective date and tenure: Appointment effective from November 02, 2026. Mr. Yadav shall act as Interim CFO until the time a regular Chief Financial Officer is appointed by the Board.
Brief profile and relevant qualifications: Mr. Chandra Bhan Yadav is a qualified Chartered Accountant with over 18 years of experience in Accounting, Costing, Banking & Finance, Taxation, Working Capital Limits, Budgeting, Financial Planning & Analysis, and ERP. Currently, he is working with the company as Assistant General Manager (Accounting) and has been associated with the Company since 2017. Prior to joining the Company, he was associated with Sona Alloys Private Limited, IFFCO Kisan Sanchar Limited, and PACL India Limited.
Confirmation of eligibility: The appointment was based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, indicating compliance with SEBI/BSE/NSE norms.
Relationship with other directors: Not disclosed
Previous KMP: Not disclosed who held the position earlier or what happened to their tenure.
2. Key Financial or Operational Approvals
The Board of Directors approved amendments to the Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information ('Fair Disclosure Policy') pursuant to Regulation 8 read with Schedule A of the PIT Regulations. The amended Fair Disclosure Policy includes provisions for prompt public disclosure of UPSI, uniform dissemination of information, designation of Company Secretary as Chief Investor Relations Officer, handling of selective disclosures, response to market rumors, restrictions on sharing with analysts, documentation of investor meetings, need-to-know basis handling of UPSI, and sharing for legitimate purposes.
The Policy for Determination of Legitimate Purposes (Annexure A) identifies legitimate purposes for sharing UPSI, including with promoters, auditors, staff members of audit firms, collaborators, lenders, customers, suppliers, bankers, legal advisors, insolvency professionals, consultants, merchant bankers, and other advisors/consultants/partners.
The Chief Investor Relations Officer is responsible for maintaining a structured digital database of persons with whom UPSI is shared, containing name, organization, contact details, and PAN or other identifier.
3. Strategic or Business Context
No specific business outlook, risks, trends, or strategic developments were disclosed in this filing.
4. Any Other Material Information
The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 8 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
The intimation and amended Fair Disclosure Policy are being uploaded on the Company's website at www.walchand.com.
The disclosure includes reference to Master Circular HO/49/14/14(7)2025-CFDPOD2/ I/3762/2026 dated January 30, 2026.