Wires and Fabriks (S.A.) Limited, listed on the Bombay Stock Exchange (BSE: 507817), has announced the resignation of Mr. Rajesh Patni, who was serving as the Chief Financial Officer (CFO) and a Key Managerial Personnel (KMP). The resignation is effective from the close of business hours on May 20, 2025.

This announcement has been made in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (commonly known as SEBI LODR Regulations), ensuring full compliance with disclosure norms.

The resignation letter submitted by Mr. Rajesh Patni clearly states that his decision to step down is based on advanced age and ongoing health issues. The letter also confirms that there are no other material reasons for his resignation beyond what has been disclosed.

The company acknowledged the receipt of the resignation on May 21, 2025, and submitted the required disclosure in the prescribed format along with a copy of the resignation letter to the BSE Limited. The communication was issued and signed by Mr. Bishwajit Singh, Company Secretary & Compliance Officer (Membership No. A38395).

In his resignation letter, Mr. Patni expressed his gratitude to the Board of Directors and colleagues at Wires and Fabriks for their support and guidance throughout his tenure. He emphasized that he had a positive and fulfilling experience with the company and thanked the management for its cooperation.

Regulatory Disclosure Summary:

• Name: Mr. Rajesh Patni, Chief Financial Officer & Key Managerial Personnel

• Reason for Change: Resignation due to advanced age and health issues

• Date of Cessation: Close of business hours on May 20, 2025

• Term of Appointment: Not Applicable

• Brief Profile: Not Applicable

• Relationship Disclosure: Not Applicable

The resignation comes as part of routine leadership transitions and does not indicate any disruption to business continuity. The company stated that it is in the process of identifying a suitable candidate to fill the CFO position and will make a separate announcement upon appointment.

Wires and Fabriks reiterated its commitment to maintaining strong corporate governance, regulatory compliance, and transparent communication with shareholders and stakeholders.

This development is a reminder of the importance of succession planning and the challenges that companies may face as senior executives transition due to age or health concerns. The market and investors will likely monitor the next steps from Wires and Fabriks regarding the appointment of a new CFO.

In conclusion, the company extended its gratitude to Mr. Rajesh Patni for his years of service and wished him good health and well-being in his retirement.

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