Meeting Details
- Date: Wednesday, September 30, 2026
- Time: 03:00 P.M. (IST)
- Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Venue: Registered office at 501, Padma Palace, 86, Nehru Place, South Delhi, New Delhi - 110019 (deemed venue)
- Type: Annual General Meeting
Directors Present
| Name | Designation | Location |
| Mr. Kartik Teltia | Chairman and Managing Director, Chairman of Risk Management Committee, Corporate Social Responsibility Committee and Executive Committee | Noida |
| Mr. Mangal Chand Teltia | Director | Noida |
| Mr. Ramakant Pattanaik | Independent Director, Chairman of Nomination & Remuneration Committee | Bhubaneswar |
| Mr. Rishabh Jain | Director | New Delhi |
| Mr. Subhash Kumar Changoiwala | Independent Director, Chairman of Audit Committee and Stakeholders Relationship Committee | Dewas |
Senior Management Present
| Name | Designation | Location |
| Mr. Peeyush Salwan | President | Noida |
| Mr. Mukut Goyal | Chief Financial Officer | Noida |
| Ms. Varsha Bharti | Company Secretary & Compliance Officer | Noida |
Representatives Present by Invitation
- Mr. Ashish Kumar Mishra (Representative of M/s S.S. Kothari Mehta & Co., LLP, Statutory Auditors)
- Mr. Pankaj Gupta (Representative of M/s DARPN and Company, Statutory Auditors)
- Ms. Preeti Arora (Representative of M/s P Arora and Associates, Secretarial Auditors)
- Mrs. Sandhya R. Malhotra (Representative of M/s. Manish Ghia & Associates, Scrutinizer)
Absent Directors
Ms. Ritu Hastir, Mr. Rajiv Gupta, Mr. Sushil Kumar Jain and Mr. Upendra Goyal were unable to attend the AGM.
Voting Process and Methods
- Remote e-voting period: September 27, 2026 (9:00 a.m.) to September 29, 2026 (5:00 p.m.)
- E-voting provider: National Securities Depository Limited (NSDL)
- Voting during meeting: Facility available for members who had not cast votes prior to meeting
- Post-meeting voting: Voting remained open for 15 minutes after conclusion of AGM
- Results announcement: Within 2 working days of meeting conclusion to stock exchanges and company website
Agenda Items and Resolutions
| Item No. | Agenda Items | Type of Resolution |
| Ordinary Business | | |
| 1 | To receive, consider and adopt: i) Audited Standalone Financial Statements for FY26 with reports of Board and Auditors; ii) Audited Consolidated Financial Statements for FY26 with Auditors' report | Ordinary Resolution |
| 2 | To appoint Mr. Mangal Chand Teltia (DIN: 00002186) who retires by rotation and offers himself for re-appointment | Ordinary Resolution |
| Special Business | | |
| 3 | To consider and ratify remuneration payable to Cost Auditors for FY 2026-27 | Ordinary Resolution |
| 4 | To approve enhancement of borrowing limits under Section 180(1)(c) of Companies Act, 2013 | Special Resolution |
| 5 | To approve creation of charges on assets to secure borrowings under Section 180(1)(a) of Companies Act, 2013 | Special Resolution |
| 6 | To approve enhancement of limits for investments, loans, guarantees and securities under Section 186 of Companies Act, 2013 | Special Resolution |
| 7 | To consider and approve variation in terms of objects as stated in the prospectus | Special Resolution |
Shareholder Participation and Queries
- Total shareholders present: 64
- Promoter and Promoter Group: 4 shareholders
- Public shareholders: 60 shareholders
- Shareholder queries: Addressed business expansion, future growth, industry trends, and business operations
- Response: Chairman provided clarifications to all queries
Compliance and Regulatory Matters
- Meeting conducted in compliance with Companies Act, 2013, SEBI Listing Regulations, and circulars from MCA and SEBI
- Statutory Registers and relevant documents were available for electronic inspection
- No qualifications, observations or adverse remarks in statutory auditors' report
- Secretarial Auditor (M/s P Arora & Associates) made certain observations in Secretarial Audit Report for FY 2025-26
- Board determined observations had no material adverse effect on company functioning
- Details of observations with explanations disclosed in Annual Report at Page No. 70
Document Distribution
- Notice of 13th AGM and Annual Report circulated to members with registered email addresses
- For shareholders without registered email, letters were sent with web-link to access documents
- Documents available on company website (https://worldsolar.in/), BSE, NSE, and NSDL websites
Meeting Conclusion
- Proceedings concluded at 4:03 P.M. (IST)
- Signed by Varsha Bharti, Company Secretary and Compliance Officer (Membership No.: A37545)