Scrutinizer''s Report on Postal Ballot
WPIL · price
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WPIL Limited conducted a postal ballot via remote e-voting from February 5 to March 6, 2026, on two special resolutions. Resolution 1 sought the re-appointment of Mr. Brahma Prakash Khare as Executive Director (Operations) for 3 years (Mar 2026–Feb 2029) along with his remuneration; it was passed with near-unanimous support — 120 members holding 7,69,18,082 shares (99.9985%) voted in favour, while only 10 members with 1,133 shares (0.0015%) voted against. Resolution 2 sought the re-appointment of Mrs. Samarpita Bose as Independent Director for a second 5-year term (Mar 2026–Mar 2031); it was passed with 113 members holding 6,90,78,426 shares (89.81%) in favour and 17 members with 78,40,789 shares (10.19%) against. The scrutinizer, P.V. Subramanian (Practising Company Secretary), confirmed both special resolutions stand passed with the requisite majority. No invalid votes were recorded on either resolution.
Both director re-appointments are now formally approved, providing WPIL board continuity through 2029 (executive) and 2031 (independent). The overwhelming support (99.99%) for the executive re-appointment signals strong shareholder confidence, while the notable ~10% dissent on the independent director's re-appointment is something governance-focused investors may flag for further review.