Scrutinizer's Report reflecting voting results (including remote e-Voting) for the 105th Annual General Meeting of Walchand PeopleFirst Limited held on Thursday, 31st July, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Walchand Peoplefirst Ltd (BSE: 501370) held its 105th AGM on July 31, 2025 via video conferencing, where all 7 resolutions were passed with overwhelming majority (over 99.99% votes in favour on each item). The key item for shareholders is the declaration of a ₹1 per share dividend (10% on equity shares of ₹10 face value) for FY25, approved with 99.99% votes in favour. Total votes polled stood at 18,21,533 out of 29,03,890 outstanding shares, indicating 62.73% shareholder participation. Other resolutions included adoption of FY25 audited financials, reappointment of Chairperson Ms. Pallavi Jha, reappointment of M/s CNK & Associates LLP as statutory auditors for 5 years, appointment of M/s Nilesh Shah & Associates as secretarial auditors, and reappointment of Mr. Joseph Andrew Jude Pereira as Independent Director for a second 5-year term (including continuation beyond age 75). Only 3 promoter representatives and 17 public shareholders attended the meeting through VC.
The ₹1 per share dividend confirms a modest payout for shareholders, while the near-unanimous approval of all resolutions reflects strong shareholder confidence and smooth governance. No negative signals — all items were routine AGM approvals passed with required majority.