The summary of proceedings of EGM held on Saturday 19th April, 2025 at 2.00 pm at Registered office of the Company is attached herewith
Awaiting price reaction for this filing.
Web Element Solutions Limited held an Extra-Ordinary General Meeting on 19th April 2025 at its registered office in Goregaon West, Mumbai, from 2:00 PM to 3:00 PM. A total of 10 members attended in person. Two special resolutions were placed before the members, both relating to the regularisation of Additional Non-Executive Independent Directors: Mr. Abhishek Shashikant Agrawal (DIN: 03052720) and Mr. Lalit Kumar Tapadia (DIN: 08117881) as Independent Directors of the company. Voting was conducted via remote e-voting through NSDL from 16th April to 18th April 2025, with a ballot paper facility also made available at the meeting. The combined voting results and the Scrutiniser's Report were to be submitted to the stock exchanges on or before 21st April 2025.
This is a routine corporate governance filing covering the regularization of two directors who were already serving in an additional capacity. No major business or financial decision was taken, and final voting outcomes are still pending disclosure. For shareholders, this is largely procedural and should not have a material impact on the stock price.