Event Details

  • The 106th Annual General Meeting (AGM) of Walchand PeopleFirst Limited was held on Thursday, 30th July 2026 through Video Conferencing/Other Audio-Visual Means (VC/OAVM).
  • The meeting commenced at 03:00 P.M. IST and concluded at 03:49 P.M., lasting 49 minutes.
  • The meeting was open for 15 minutes for e-voting to be completed during the proceedings.
  • The cut-off date for determining shareholders entitled to vote was 24th July 2026.
  • Total number of shareholders on the cut-off date: 4,464.
  • Shareholder attendance through video conferencing: 2 from Promoter and Promoter Group, 30 from Public category.

Voting Process Details

  • Remote e-voting was conducted through National Securities Depository Limited (NSDL) from Monday, 27th July 2026 at 9:00 a.m. to Wednesday, 29th July 2026 at 5:00 p.m.
  • Electronic voting was also conducted at the AGM through NSDL.
  • Scrutinizer: Vaibhav Dandawate (ACS No.: 51538, CP No.: 27947), Partner of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries.
  • Scrutinizer was appointed by the Board of Directors in their meeting held on 14th May 2026.
  • Notice of AGM was dispatched on 3rd July 2026 to members registered as of 26th June 2026.
  • Newspaper advertisements were published in "The Free Press Journal" (English) and "Navshakti" (Marathi) on 4th July 2026.

Resolution Voting Results

Resolution Item No. 1 - Ordinary Resolution

To receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended March 31, 2026 together with the reports of the Board of Directors and Auditors thereon:

  • Total shares outstanding: 29,03,890
  • Total votes polled: 18,21,341 (62.7207% of outstanding shares)
  • Votes in favor: 18,21,228 (99.9938% of votes polled)
  • Votes against: 113 (0.0062% of votes polled)

Breakdown by shareholder category:

  • Promoter and Promoter Group: 16,71,364 shares held, 16,71,364 votes polled (100% participation), 100% in favor
  • Public - Institutional holders: 9,280 shares held, 0 votes polled (0% participation)
  • Public-Others: 12,23,246 shares held, 1,49,977 votes polled (12.2606% participation), 99.9247% in favor, 0.0753% against

Resolution Item No. 2 - Ordinary Resolution

To declare a final dividend at the rate of Rs. 1/- (Rupee One only), being 10%, per equity share of Rs. 10/- each of the Company for the financial year ended March 31, 2026:

  • Total shares outstanding: 29,03,890
  • Total votes polled: 18,21,341 (62.7207% of outstanding shares)
  • Votes in favor: 18,21,228 (99.9938% of votes polled)
  • Votes against: 113 (0.0062% of votes polled)

Breakdown by shareholder category:

  • Promoter and Promoter Group: 16,71,364 shares held, 16,71,364 votes polled (100% participation), 100% in favor
  • Public - Institutional holders: 9,280 shares held, 0 votes polled (0% participation)
  • Public-Others: 12,23,246 shares held, 1,49,977 votes polled (12.2606% participation), 99.9247% in favor, 0.0753% against

Resolution Item No. 3 - Ordinary Resolution

To appoint a director in place of Mr. Sanjay Jha (DIN: 00068519), Whole Time Director, who retires by rotation and being eligible, offers himself for re-appointment:

  • Total shares outstanding: 29,03,890
  • Total votes polled: 18,21,341 (62.7207% of outstanding shares)
  • Votes in favor: 18,21,228 (99.9938% of votes polled)
  • Votes against: 113 (0.0062% of votes polled)

Breakdown by shareholder category:

  • Promoter and Promoter Group: 16,71,364 shares held, 16,71,364 votes polled (100% participation), 100% in favor
  • Public - Institutional holders: 9,280 shares held, 0 votes polled (0% participation)
  • Public-Others: 12,23,246 shares held, 1,49,977 votes polled (12.2606% participation), 99.9247% in favor, 0.0753% against

Key Notes from Scrutinizer

  • Voting rights on shares transferred to the 'Investor Education and Protection Fund' are frozen.
  • There were no abstain votes and less votes casted.
  • All three resolutions were passed with requisite majority.
  • The restriction on voting rights of Foreign Portfolio Investors who have not submitted additional disclosures per SEBI Master Circular dated May 30, 2024 was not applicable.

Additional Information

  • The voting results are available on NSDL's website (www.evoting.nsdl.com) and the Company's website (www.walchandpeoplefirst.com)
  • The company does not have shares with differential voting rights
  • Registrar & Share Transfer Agent (RTA) details not explicitly mentioned