BSECompany Update4d ago · 30 Jul 2026, 05:41 pm
This is to inform about that Mr. Nishant Saigal, Chief Financial Officer and Key Managerial Personnel of the Company has resigned.
Walchandnagar Industries Ltd · 507410
✦ AI SummaryMgmt Change
Walchandnagar Industries Ltd has announced the resignation of its Chief Financial Officer, Mr. Nishant Saigal, effective October 19, 2026, citing better future prospects.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Walchandnagar Industries Ltd - 507410 - Announcement under Regulation 30 (LODR)-Change in Management
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WALCHANDNAGAR INDUSTRIES LIMITED
Walchandnagar: 413 114, Dist. Pune, Maharashtra, India
Tel: 02118-252 235/252 236/252 237/252 238
Fax: 02118-252 584
Website: www.walchand.com Email: wil@walchand.com
Ref. No. : WIL: SEC: 2026
Date : July 30, 2026
National Stock Exchange of India Ltd BSE Ltd.,
Exchange Plaza, 5th floor, Phiroze Jeejeebhoy Towers,
Plot No. C/1, G Block, Dalal Street,
Bandra Kurla Complex, Bandra (East) Mumbai 400 001
Mumbai 400 051 Scrip Code : 507410
Scrip Code : WALCHANNAG
Dear Sirs,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”)
Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations,
2015 (“Listing Regulations”), this is to inform that Mr. Nishant Saigal, Chief Financial Officer and Key
Managerial Personnel, Walchandnagar Industries Limited (“the Company”) vide letter dated July 30,
2026, has resigned from the company for better future prospects.
His resignation will be effective from the close of business hours of October 19, 2026 when he would
cease to be the Chief Financial Officer and Key Managerial Personnel of the Company.
The Company places on record its appreciation for his valuable contributions during his tenure and
wishes him the very best in his future endeavours.
The details as required under Regulation 30 of the Listing Regulation read with circular No.
SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended from time to time (“the
circulars”) is enclosed as Annexure – I and letter of resignation received from Mr. Nishant Saigal is
enclosed herewith as Annexure – II.
Please take the above information on record. A copy of this intimation is also being made available on
the website of the Company at www.walchand.com
Thanking you,
Yours faithfully,
For Walchandnagar Industries Ltd.,
G. S. Agrawal
Whole Time Director & Company Secretary
DIN: 00404340
Enclosed below
REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra,
India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621
WALCHANDNAGAR INDUSTRIES LIMITED
Walchandnagar: 413 114, Dist. Pune, Maharashtra, India
Tel: 02118-252 235/252 236/252 237/252 238
Fax: 02118-252 584
Website: www.walchand.com Email: wil@walchand.com
Annexure – I
Disclosure required pursuant to Regulation 30 of the Listing Regulations read with Para A of Schedule
III to the Listing Regulations and the circulars issued thereunder, from time to time, with regard to
change in Key Managerial Personnel is given hereunder:
S. No. Particulars Information of such event
1 Reason for change viz. Resignation of Mr. Nishant Saigal, Chief Financial Officer
Appointment, Resignation, and Key Managerial Personnel.
Removal, Death or Otherwise
Mr. Nishant Saigal vide letter dated July 30, 2026, has
resigned from the position of Chief Financial Officer and
Key Managerial Personnel, Walchandnagar Industries
Limited (“the Company”), for better future prospects.
2 Date of Resignation, July 30, 2026
Appointment/ Cessation & (Effective date of resignation - October 19, 2026)
Term of appointment
3 Brief Profile (in case of Not Applicable
appointment)
4 Disclosure of relationships Not Applicable
between directors (in case of
appointment of a director)
REGD OFFICE: Siddharth Towers (Tower No.1), S.No.12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra,
India. Tel: 020-2543 8585 Fax: 020-2543 8585 CIN: L74999PN1908PLC255621
Annexure – II
NISHANT PREMKUMAR SAIGAL
30th July, 2026
Managing Director I Board of Directors
Walchandnagar Industries Limited
Dear Sir,
Sub: Resignation from the position of Chief Financial Officer and
KMP of Walchandnagar Industries Limited.
I, Nishant Premkumar Saigal, for better future prospects, tender my
resignation from the post of Chief Financial Officer and Key Managerial
Person of Walchandnagar Industries Limited with effect from the close of
business hours on October 19, 2026.
I request that the notice of my resignation letter be given to the concerned
stock exchanges.
I take this opportunity to express my sincere gratitude for the cooperation
and support extended to me during my tenure as CFO and KMP of the
company. Being a part of such supportive team and colleagues has been
an amazing experience.
I wish the company good luck and continued success in the future.
B;~;;rrds,
~Saigal
Emp. Code 10123
Chief Financial Officer
Walchandnagar Industries Limited