Bridge Securities Limited’s Board of Directors has approved a significant strategic shift, including a name change to ‘Weorg Enterprises Limited’ and the rationalization of its Memorandum of Association (MOA) to align with future business activities. The board also accepted the resignation of Independent Director Manish Shrichand Bachani and appointed Sanketkumar Dave as an Additional Non-Executive Independent Director, effective August 27, 2026. Furthermore, the company announced the reconstitution of its Audit, Nomination and Remuneration, and Stakeholder Relationship Committees and the scheduling of its 31st Annual General Meeting for September 21, 2026.
Bridge Securities Announces Key Strategic Decisions
In a significant board meeting held on August 27, 2026, Bridge Securities Limited’s Board of Directors greenlit several pivotal strategic initiatives. The company announced its intention to change its name to ‘Weorg Enterprises Limited’, subject to approval from the Ministry of Corporate Affairs and other competent authorities. This rebranding signifies a potential shift in the company’s future direction and market positioning.
MOA Alteration for Business Alignment
Concurrent with the name change, the Board has approved an alteration to the company’s Memorandum of Association (MOA). This involves rationalizing and aligning the business objects with its proposed future activities. Specifically, Object Nos. 1 to 4 from the Main Object Clause (III)(A) of the MOA will be deleted, and the remaining clauses will be re-numbered. This move aims to facilitate business operations and enhance growth prospects.
Leadership Changes and Committee Reconstitutions
The Board accepted 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 is due to personal reasons and that there are no other material factors involved. Following this, Mr. Sanketkumar Dave has been appointed as an Additional Non-Executive and Independent Director, also effective August 27, 2026. The Board also approved the reconstitution of the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholder Relationship Committee, with immediate effect from August 27, 2026.
Annual General Meeting Scheduled
Bridge Securities Limited also announced that its 31st Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 3:00 P.M. IST. The meeting will be conducted entirely through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), providing accessibility to all stakeholders.
Source: BSE
