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Welspun Living Appoints as Independent Director

Naiyya Saggi

Welspun Living, a leading name in the home textiles industry, has announced the appointment of Naiyya Saggi as an independent director to its board. This strategic move comes as part of the company’s efforts to enhance corporate governance and strengthen its leadership team.

Ms. Saggi brings a wealth of experience and expertise to her new role at Welspun Living. With a background in business management and a proven track record of leadership in the retail sector, she is poised to make significant contributions to the company’s growth and strategic direction.

Commenting on her appointment, Ms. Saggi expressed her enthusiasm for joining the Welspun Living team. “I am honored to be appointed as an independent director at Welspun Living,” she said. “I look forward to working closely with the board and management to drive innovation, foster sustainable growth, and create value for all stakeholders.”

Welspun Living is known for its commitment to quality, innovation, and customer satisfaction. The company offers a wide range of home textile products, including bed linens, bath towels, rugs, and carpets, catering to both domestic and international markets.

Mr. Rajesh Mandawewala, Managing Director of Welspun Living, welcomed Ms. Saggi to the board and expressed confidence in her ability to contribute to the company’s success. “We are delighted to have Naiyya Saggi join us as an independent director,” he said. “Her diverse experience and strategic insights will be invaluable as we continue to strengthen our position in the global home textiles market.”

The appointment of Ms. Saggi reflects Welspun Living’s commitment to diversity and inclusion in its leadership team. With her appointment, the board now comprises a diverse group of professionals with varied backgrounds and expertise, reflecting the company’s commitment to fostering a culture of innovation and excellence.

As Welspun Living looks towards the future, Ms. Saggi’s appointment signals a new chapter of growth and opportunity for the company. With her leadership and strategic guidance, Welspun Living is well-positioned to navigate the evolving dynamics of the home textiles industry and deliver value to its customers, employees, and shareholders alike.

Ms. Saggi’s appointment as an independent director is subject to approval by the shareholders of Welspun Living at the upcoming annual general meeting scheduled to be held in June 2024.

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