The resignation will be effective from the close of business hours on 15 October 2025. Since this is not a case of appointment, a brief profile is not applicable. Similarly, there is no disclosure of relationship between directors, as it applies only in the case of a new appointment.
Welspun Specialty Solutions (Erstwhile RMG Alloy Steel) is a world class manufacturer of best-in-class alloy & stainless-steel products that are globally benchmarked. It is the only integrated producer of quality stainless steel pipes & tubes right from steelmaking to the finished products.
The company reported a standalone net loss of Rs 0.75 crore in Q1 FY26, compared to a net profit of Rs 1.95 crore posted in Q1 FY25. Revenue from operations jumped 24.19% year-on-year (YoY) to Rs 201.32 crore in the quarter ended 30 June 2025.
Shares of Welspun Living rose 0.26% to Rs 114.25 on the BSE.