Walchandnagar Industries Ltd — Board/Management Information 2025

Mar 5, 2025

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Ref. No. : WIL: SEC: 2025 Date : February 06, 2025

National Stock Exchange of India Ltd. Corporate Action Department Exchange Plaza, 5th floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai 400 051. Fax :26598237/38, 66418126/25/24 SCRIP CODE : WALCHANNAG

BSE Ltd. Corporate Relations Department 1st floor, New Trading Ring, Rotunda Bldg P.J. Tower, Mumbai 400 001. Fax:: 22723121/2039/2037 SCRIP CODE : 507410

Dear Sir (s),

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure – Requirements) Regulations, 2015 (SEBI Listing Regulations) Change in Chief Financial Officer (CFO)

This is to inform you that the Board of Directors of the Company, in their meeting held today, i.e. February 06, 2025, after considering the recommendations of the Nomination & Remuneration Committee and the Audit Committee, have appointed Mr. Nishant Saigal as the Chief Financial Officer (“CFO”) with effect from April 14, 2025. Consequently, Mr. Nishant Saigal would also be the Key Managerial Personnel of the Company.

Mr. Sandeep Jain – Chief Financial Officer and Key Managerial Personnel of the Company has resigned from the services of the Company due to health reasons. The Board of Directors of the Company, in their meeting held today, i.e. February 06, 2025, have accepted his resignation and he will be relieved from his duties effective end of business hours of February 28, 2025. Mr. Sandeep Jain will also cease to be a Key Managerial Personnel under the provisions of Section 203 of the Companies Act, 2013 w.e.f the end of business hours of February 28, 2025. The Company thanks Mr. Sandeep Jain for his contributions during his tenure as the CFO.

The details for aforesaid changes as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD1/CIR/2023/123 dated July 13, 2023 is enclosed herewith as Annexure A.

This intimation is also being uploaded on Company’s website and can be accessed at www.walchand.com.

This is for your information and record.

Thanking you,

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Yours faithfully,

For Walchandnagar Industries Limited

GIRIRAJ Digitally signed by GIRIRAJ SHARAN AGRAWAL DN: c=IN, o=Personal, title=5216, 2.5.4.20=f048798869b5576cd33292a4b6b9 b7aa85cf64f178f4881b0e4fdb4df0c75a75, SHARAN postalCode=400034, st=Maharashtra, serialNumber=5a4130bf9a70610c0fd108bdf b582c7679b4082096434107dba690b8c482 AGRAWAL 1e18, cn=GIRIRAJ SHARAN AGRAWAL Date: 2025.02.06 19:35:15 +05'30'

G. S. Agrawal

Whole Time Director & Company Secretary DIN: 00404340

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Annexure A

Details required under Regulation 30(6) of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023:

S. No.	Particulars	Description
1	Reason for change viz. appointment / re- appointment, resignation, removal, death or otherwise	1. Resignation of Mr. Sandeep Jain as the Chief Financial Officer and Key Managerial Personnel of the Company w.e.f the end of business hours of February 28, 2025. 2. Appointment of Mr. Nishant Saigal as the Chief Financial Officer and Key Managerial Personnel of the Company effective from April 14, 2025.
2	Date of appointment/ reappointment/ cessation (as applicable) & term of appointment/re- appointment	1. The Board of Directors in their meeting held today took note of the resignation of Mr. Sandeep Jain as Chief Financial Officer and Key Managerial Personnel of the Company w.e.f the end of business hours of February 28, 2025. 2. The Board of Directors in their meeting held today, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, approved the appointment of Mr. Nishant Saigal as Chief Financial Officer and Key Managerial Personnel of the Company effective from April 14, 2025.
3	Brief profile (in case of appointment)	Mr. Nishant Saigal is a qualified C.A with over 25 years of expertise in the field of Accounting, Statutory Compliance, Costing, Banking & Finance, Taxation, Private Equity Funding, Working Capital Limits, Investor Relations, Budgeting, Financial Planning & Analysis and ERP. Currently, he is working with MSPL Limited, Baldota Group. Prior to working with MSPL Limited, he has worked with Shapoorji Pallonji and Co. Pvt. Ltd., IVRCL Limited, Punjab Chemicals & Crop Protection Limited, Sabero Organic Gujarat Limited, Hercules Hoists Ltd, Forbes Infotainment Ltd, Anand Ritter Pvt. Ltd,etc.
4	Disclosure of relationships between directors (in case of appointment of a director).	Not Applicable

For Walchandnagar Industries Ltd.

GIRIRAJ Digitally signed by GIRIRAJ SHARAN AGRAWAL DN: c=IN, o=Personal, title=5216, 2.5.4.20=f048798869b5576cd33292a4b6b9 b7aa85cf64f178f4881b0e4fdb4df0c75a75, SHARAN postalCode=400034, st=Maharashtra, serialNumber=5a4130bf9a70610c0fd108bd fb582c7679b4082096434107dba690b8c48 AGRAWAL 21e18, cn=GIRIRAJ SHARAN AGRAWAL Date: 2025.02.06 19:35:33 +05'30' G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340

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