West Coast Paper Mills Limited has informed the Exchange with copy of minutes of Postal Ballot
WSTCSTPAPR · price
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West Coast Paper Mills Limited submitted the minutes of its postal ballot concluded on April 2, 2025, for the re-appointment of Shri Vinod Balmukand Agarwala (DIN:01725158) as an Independent Director for a second term of 3 years, from May 26, 2025 to May 25, 2028. The resolution was passed as a Special Resolution with overwhelming shareholder support — 99.43% of valid votes (45,854,184 votes cast by 172 members) in favour and only 0.57% (261,326 votes by 21 members) against, out of 66,048,908 total shares. Special approval was sought under SEBI LODR Regulation 17(1A) since the director is above 75 years of age. Results were declared on April 3, 2025, with no invalid votes recorded.
This is a routine corporate governance filing confirming an independent director's re-appointment with near-unanimous shareholder backing. No material impact on the stock price is expected; it simply ensures board continuity and regulatory compliance.