Bridge Securities Limited announced significant changes following a Board Meeting held on August 27, 2026. The company is set to change its name to Weorg Enterprises Limited, subject to regulatory approval. Additionally, the Board approved the alteration of the Memorandum of Association, the resignation of director Mr. Manish Shrichand Bachani, and the appointment of Mr. Sanketkumar Dave. Key board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee, have also been reconstituted.
Name Change and Strategic Alignment
In a significant development following its Board Meeting on August 27, 2026, Bridge Securities Limited has resolved to change its name to Weorg Enterprises Limited. This proposed name change, contingent upon availability and approval from the Ministry of Corporate Affairs, aims to better align the company’s identity with its future business activities. The Board also approved alterations to the Memorandum of Association, rationalizing and updating the company’s business objects to reflect its intended operations.
Board Appointments and Resignations
The meeting noted the resignation of Mr. Manish Shrichand Bachani from his position as Non-Executive and Independent Director, effective August 27, 2026. Mr. Bachani confirmed that his resignation was due to personal reasons and that there were no other material reasons involved. Concurrently, the Board approved the appointment of Mr. Sanketkumar Dave as an Additional Non-Executive and Independent Director, also effective August 27, 2026. Mr. Dave brings extensive industry experience to the role and is not related to any existing Director.
Committee Reconstitutions
Further to these changes, the company has reconstituted its key board committees to align with its updated governance structure. The Audit Committee (AC) will now comprise Ms. Urvi Rajnikant Shah (Chairperson), Mr. Sanketkumar Dave (Member), and Mr. Harshad Amrutlal Panchal (Member). The Nomination and Remuneration Committee (NRC) will be chaired by Mr. Sanketkumar Dave, with Ms. Urvi Rajnikant Shah and Mr. Ashvinkumar Babulal Thakkar as members. The Stakeholder Relationship Committee will be led by Ms. Urvi Rajnikant Shah as Chairperson, supported by Mr. Sanketkumar Dave and Mr. Ashvinkumar Babulal Thakkar as members. These reconstitutions are effective from August 27, 2026.
Annual General Meeting Scheduled
Additionally, the Board decided to convene the 31st Annual General Meeting (AGM) on September 21, 2026, at 3:00 P.M. IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), providing broader accessibility for shareholders.
Source: BSE
