West Coast Paper Mills Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 28, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
WSTCSTPAPR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
West Coast Paper Mills Limited held its 70th Annual General Meeting on August 28, 2025, via video conferencing, which concluded at 12:58 PM. All 6 resolutions were passed, including adoption of standalone and consolidated audited financial statements for FY 2024-25, declaration of dividend on equity shares, re-appointment of Rajendra Jain as director (retiring by rotation), and appointment of auditors. Both Statutory Auditor Singhi & Co. and Secretarial Auditor Naman G. Joshi gave unqualified opinions for FY 2024-25. Approximately 71.5% of outstanding shares (about 4.72 crore shares) participated in voting, with the company having 51,995 shareholders on record date. Notable dissent of about 15.24% from public institutional investors was recorded against the re-appointment of Rajendra Jain, while all other resolutions passed with over 99.99% approval.
Routine corporate governance event with all routine resolutions passed by overwhelming margins, providing stability and continuity. The notable institutional dissent (1.49 million shares, 15.24%) on the director re-appointment is worth flagging as a signal of some public investor concern, though it did not affect the outcome.