Welspun Corp Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 31, 2025
WELCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Welspun Corp held its 30th AGM on July 31, 2025 via Video Conference from 4:00 PM to 5:15 PM. Shareholders adopted the audited standalone and consolidated financial statements for FY ending March 31, 2025, and approved the declaration of dividend on equity shares. Mr. Rajesh R. Mandawewala was appointed as a Director liable to retire by rotation. The remuneration of Cost Auditor M/s. Kiran J. Mehta & Co. for FY 2025-26 was ratified, and M/s. Siroya & BA Associates was appointed as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). Shareholders also approved commission to Non-Executive Chairman Mr. Balkrishan Goenka and a revision in remuneration for the Managing Director and CEO. Voting results will be communicated separately.
Routine procedural outcomes from the AGM; the dividend declaration and MD/CEO remuneration revision are the most material items for shareholders. Investors should watch for the separate voting results filing, which will confirm approval margins on each resolution.