WEP Solutions Ltd Board Approves Key Director Appointments and Reappointments
WEP Solutions Ltd announced significant changes to its board composition following a meeting held on July 10, 2026. The company approved the appointment of three new directors and re-appointed two existing members, strengthening its leadership in various capacities.The appointments included Dr. Gaurav Nigam as an Additional Director, along with Mr. Sanjeev Arora and Mr. Deepak Jain being appointed to the board as Independent Directors. Additionally, Mrs. Vandana Malaiya and Mrs. Shruti Agarwal were re-appointed as Independent Directors of the company.
Dr. Gaurav Nigam was appointed as an Additional Director in the capacity of Whole-time Director designated as Senior Executive Director, effective from July 10, 2026. Dr. Nigam will continue to discharge the responsibilities of both his Chief Operating Officer (COO) role, held since June 1, 2026, and the new director position.
The appointed directors hold specific experience relevant to their roles. Mr. Sanjeev Arora brings over 32 years of experience across organizations such as ClearTax, Sify Technologies, and SprintRPG India Ltd, specializing in strategy, P&L management, market expansion, and technology-led growth. Meanwhile, Mr. Deepak Jain is a distinguished leader with over 41 years in global IT services and corporate governance, formerly serving at Wipro Limited where he managed a business of approximately USD 1 billion.
The reappointments include Mrs. Vandana Malaiya and Mrs. Shruti Agarwal, both specializing in the IT industry and finance respectively. Mrs. Vandana Malaiya has 30 years of experience in the IT sector, focusing on software product development and large-scale delivery management. Mrs. Shruti Agarwal is a Chartered Accountant with over 14 years of experience in finance and accounting, having expertise gained across manufacturing and multinational companies.
The details of all board appointments and reappointments are summarized below:
| Role | Name | Status | Term Duration | Key Expertise / Experience |
|---|---|---|---|---|
| Additional Director (Senior Executive Director) | Dr. Gaurav Nigam | Appointment | 3 years (effective from July 10, 2026) | IT professional with over 25 years of experience in Cloud and AI-driven automation; managed P&L exceeding USD 50 million. |
| Independent Director | Mr. Sanjeev Arora | Appointment | 5 years (effective from July 10, 2026) | Seasoned business leader with over 32 years' experience across strategy and technology-led growth. |
| Independent Director | Mr. Deepak Jain | Appointment | 5 years (effective from July 10, 2026) | Technology and business leader with over 41 years of experience in global IT services and corporate governance. |
| Independent Director | Mrs. Vandana Malaiya | Re-appointment | 5 years (effective from September 20, 2026) | Accomplished professional with a 30-year journey in the IT industry, specializing in software product development. |
| Independent Director | Mrs. Shruti Agarwal | Re-appointment | 5 years (effective from September 20, 2026) | Chartered Accountant with over 14 years of experience in finance and accounting. |
The board meeting concluded after commencing at 12:00 P.M. (IST). All directors mentioned were confirmed not to be debarred or disqualified under relevant statutes.
Stock Price Movement
At the close of trading on Friday, WEP Solutions Ltd settled at ₹25.29, ticking up a solid 1.85% or ₹0.46. The shares experienced significant intraday volatility, finding themselves within a range stretching from a low of ₹24.15 to a high of ₹25.33.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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