D P Wires Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on March 31, 2026. Further, the company has informed the Exchange regarding voting results along with copy of minutes.
DPWIRES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
D P Wires Limited held an Extraordinary General Meeting on March 31, 2026 at its registered office in Ratlam, Madhya Pradesh, with 43 shareholders present. Two ordinary resolutions were passed, both related to approving material related party transactions for FY 2026-27. The first resolution approved transactions with Kataria Plastics Private Limited worth up to Rs. 180 Crores for purchase/sale of goods and services, plus loans up to Rs. 50 Crores. The second resolution approved transactions with DP Kataria Private Limited involving unsecured loans up to Rs. 150 Crores. Both resolutions passed with 99.997% votes in favor, with interested shareholders (holding 859,386 votes) abstaining from voting on related party resolutions. The EGM was chaired by Independent Director Anil Kumar Mehta and scrutinised by CS Shweta Garg.
Shareholders have approved significant related party transactions for FY 2026-27, totaling up to Rs. 380 Crores (Rs. 230 Crores with Kataria Plastics and Rs. 150 Crores with DP Kataria). The large abstain vote of 859,386 shares (~92% of total votes) is because interested related parties could not vote, but all valid votes cast were overwhelmingly in favor. This is a routine regulatory compliance outcome and is unlikely to materially impact the stock price, though it confirms ongoing business ties with promoter-group entities.