Meeting Details

Meeting Type: 106th Annual General Meeting

Date: Thursday, 30th July 2026

Time: 03:00 P.M. IST

Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)

Deemed Venue: Registered Office of the Company

Agenda Items (Ordinary Business)

1. To receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended 31st March 2026 together with the reports of the Board of Directors and Auditors thereon. (Ordinary Resolution)

2. 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 31st March 2026. (Ordinary Resolution)

3. 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.

Dividend Details

Record Date: 17th July 2026

Dividend Amount: ₹1 per equity share of ₹10 each (10%)

Payment Date: On or after 03rd August 2026 (if approved)

Payment Mode: Electronic mode with TDS deduction as per Income-tax Act, 1961

Director Reappointment Details

Director: Mr. Sanjay Jha (DIN: 00068519)

Designation: Whole Time Director

Date of First Appointment: 23/09/1999

Qualifications: MBA from XLRI, Jamshedpur, MA in Economics from Gokhale Institute of Politics and Economics, Pune University, PhD in Economics in agricultural finance

Current Remuneration (FY 2025-26): ₹189.30 Lakhs (including Performance Pay of ₹47.97 Lakhs)

Board Meetings Attended: 4 meetings during the year

Shareholding: 0 shares

Relationship: Husband of Pallavi Jha (Chairperson & Managing Director)

Other Directorship: Walchand and Company Private Limited

Voting Arrangements

Remote e-Voting Period: Begins at 9:00 A.M. IST on 27th July 2026 and ends at 05:00 P.M. on 29th July 2026

Cut-off Date for Voting Rights: 24th July 2026

Voting Service Provider: National Securities Depository Limited (NSDL)

Scrutinizer: Mr. Vaibhav Dandawate (Certificate of Practice No. 27947) or Ms. Deepti Kulkarni (Certificate of Practice No. 22502) of M/s. Makarand M. Joshi & Co

Results Declaration: On or after the AGM, to be placed on company website and NSDL website

Meeting Access Details

VC/OAVM Access Time: 2:30 P.M. to 03:15 P.M. (30 minutes before and 15 minutes after commencement)

Capacity: 1000 members on first-come-first-served basis (excludes large shareholders holding 2% or more, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)

Question Submission: Members must register as speaker shareholders by emailing WPFLCompanySecretary@walchandgroup.com in advance

Document Availability

Notice and Annual Report Availability: Company website (www.walchandpeoplefirst.com), BSE website (www.bseindia.com), NSDL website (www.evoting.nsdl.com)

Distribution Mode: Electronic mode only to members with registered email addresses as on Benpose date 26th June 2026

Additional Information

RTA Details: Bigshare Services Private Limited, Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai-400093 (Tel: 022-6263 8200, Email: investor@bigshareonline.com)

Unpaid Dividend Transfer Schedule:

  • Final Dividend 2021-22 (declared June 30, 2022): Due for transfer on 29th July 2029
  • Final Dividend 2022-23 (declared July 24, 2023): Due for transfer on 23rd August 2030
  • Final Dividend 2023-24 (declared July 30, 2024): Due for transfer on 29th August 2031
  • Final Dividend 2024-25 (declared July 31, 2025): Due for transfer on 30th August 2032

ODR Portal: https://smartodr.in/login for dispute resolution as per SEBI circular dated 31st July 2023