Welspun Specialty Solutions Limited has made a regulatory disclosure pursuant to Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 regarding the cessation of an Independent Director.
Mr. Myneni Narayana Rao (DIN: 00577494), Independent Director of the Company, ceased to be a Director from the Company's Board of Directors with effect from close of business hours on August 27, 2026. This cessation occurred upon completion of his second consecutive term as an Independent Director under section 149(11) of the Companies Act, 2013.
The Board of Directors placed on record its sincere appreciation and gratitude to Mr. Rao for his long and valued association with the Company and for the valuable contributions made by him during his tenure on the Board.
Annexure Details
The disclosure includes Annexure A with the following details as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:
- Name of Director: Mr. Myneni Narayana Rao (DIN: 00577494)
- Reason for change: Cessation of directorship upon completion of the second consecutive term as an Independent Director
- Date of cessation: August 27, 2026
- Brief Profile: Not Applicable
- Disclosure of relationships between directors: Not Applicable