Wires & Fabriks SA Ltd — Updates, 21-05-2025: Company Update

Wires and Fabriks (S.A.) Ltd. has announced a board meeting on the resignation of Mr. Rajesh Patni as Chief Financial Officer and Key Managerial Personnel, effective from close of business hours on May 20, 2025. He stepped down due to advanced age and health reasons. During his tenure, he acknowledged strong support from the board and colleagues. His resignation does not involve any other material reasons. This leadership change may impact the company’s financial management until a successor is appointed.