W.S. Industries (I) Limited disclosed that Rajendran Stella Isabella has resigned from the post of Additional Director (Non-executive Independent) with effect from 4 September 2026, citing pre-occupation and personal reasons. The company notes that there are no other material reasons for the resignation and places on record its appreciation for her guidance and support during her tenure.
Following her departure, Stella Isabella will cease to be a member of the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee, effective the same date. The board emphasized that the change will lead to a reconfiguration of its standing committees to ensure continued governance rigor.
Consequence of the resignation has prompted a reshuffle in the board committees as detailed in the disclosure. In the Audit Committee, R. Karthik will continue as Chairman up to 31 October 2026 (subject to the completion of his second tenure as Independent Director); J. Sridharan will take over as Chairman from 1 November 2026, with Suguna Raghavan, Revathi Raghunathan, and Joyjeet Bose as members. The Nomination and Remuneration Committee mirrors this composition, while the Stakeholders Relationship Committee will be chaired by J. Sridharan, with R. Karthik (up to 31 October 2026), Suguna Raghavan, Revathi Raghunathan, and Joyjeet Bose as members. The company affirmed that, post-change, the Board and its Committees will remain compliant with applicable laws.
The development underscores a governance-focused realignment at W.S. Industries (India) Limited, highlighting how leadership shifts cascade into committee dynamics, even as the organization reiterates its commitment to governance standards and continuity.