Welspun Specialty Solutions informs about outcome of board meeting

Welspun Specialty Solutions Ltd. | Steel & Iron Products | Metals & Mining | BSE: 500365 | NSE: REMIMETAL

18 Jun 2021 Evaluate

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Welspun Specialty Solutions has informed that it has enclosed the following: Statement showing the Audited Financial Results (Standalone) for the year ended March 31, 2021, Auditors’ Report on the Audited Financial Results, Declaration on Auditors’ Report with Unmodified Opinion and a brief business update. The above results, duly reviewed and recommended by the Audit Committee, have been approved by the Board of Directors of the Company at its meeting held on June 18, 2021. Further, it has informed that the Board has constituted Risk Management Committee with independent directors forming majority of the members and an Independent Director as the chairman of the Committee and The Board has approved re-appointment of following directors: M. Narayana Rao, whose tenor is ending on August 27, 2021, as Independent Director of the Company for a period of four years with effect from August 28, 2021. A brief profile of Rao is enclosed and Anuj Burakia, whose tenor is ending on July 28, 2021, as whole-time director for a period of three years with effect from July 29, 2021. A brief profile of Burakia is enclosed. The Board meeting commenced at 12.05 pm and concluded at 2.00 pm.

The above information is a part of company’s filings submitted to BSE.