Meeting Details

The 36th Annual General Meeting was held on 22nd September 2026 at 2:30 PM through Video Conferencing/OAVM facility. The cut-off date for determining members entitled to vote was 15th September 2026.

Voting Process

The company provided remote e-voting facility through National Securities Depository Limited (NSDL). Remote e-voting commenced on 19th September 2026 at 9:00 AM and ended on 21st September 2026 at 5:00 PM. E-voting was also conducted during the AGM through NSDL's electronic voting system.

Scrutinizer Appointment

Mr. Abhijit Majumdar, Practicing Company Secretary (Membership No. 9804, CP No. 18995), was appointed as scrutinizer to oversee the e-voting process.

Voting Results

All seven resolutions set out in the notice dated 10th August 2026 were passed by members with requisite majority:

Ordinary Business

Item No. 1: Adoption of Financial Statements

  • Audited Standalone Financial Statements for FY ended March 31, 2026
  • Audited Consolidated Financial Statements for FY ended March 31, 2026
  • Total valid votes: 148,227,054 shares
  • Votes in favor: 148,223,096 shares (99.99%)
  • Votes against: 3,958 shares (0.01%)

Item No. 2: Declaration of Dividend

  • Dividend of ₹0.25 (25%) per equity share of ₹1 each for FY ended March 31, 2026
  • Total valid votes: 148,185,336 shares
  • Votes in favor: 147,293,543 shares (99.40%)
  • Votes against: 891,793 shares (0.60%)

Item No. 3: Re-appointment of Director

  • Re-appointment of Ms. Sanjana Khaitan (DIN: 07232095) who retires by rotation
  • Total valid votes: 148,226,974 shares
  • Votes in favor: 146,305,898 shares (98.70%)
  • Votes against: 1,921,076 shares (1.30%)

Special Business

Item No. 4: Appointment of Non-Executive Non-Independent Director

  • Appointment of Mr. Sanjay Kumar (DIN: 11820120) as Non-Executive Non-Independent Director
  • Was appointed as Additional Director w.e.f. August 10, 2026
  • Total valid votes: 148,226,974 shares
  • Votes in favor: 147,977,078 shares (99.83%)
  • Votes against: 249,896 shares (0.17%)

Item No. 5: Appointment of Independent Director

  • Appointment of Mr. Dinesh Agarwal (DIN: 02722380) as Independent Director
  • Was appointed as Additional Director w.e.f. August 10, 2026
  • Term: 5 consecutive years up to August 9, 2031
  • Total valid votes: 148,225,524 shares
  • Votes in favor: 148,018,903 shares (99.86%)
  • Votes against: 206,621 shares (0.14%)

Item No. 6: Revision in Executive Director Remuneration

  • Revision in terms of remuneration of Ms. Sanjana Khaitan, Executive Director
  • Effective from April 2026
  • Includes annual increment up to 15% over existing remuneration
  • Annual performance-linked commission up to 0.50% of net profit (Section 198 computation)
  • Maximum commission: ₹2 Crore per financial year
  • Provides for minimum remuneration if profits are inadequate or absent
  • Total valid votes: 148,226,774 shares
  • Votes in favor: 133,890,483 shares (98.94%)
  • Votes against: 1,433,629 shares (1.06%)

Item No. 7: Payment of Commission to Non-Executive Directors

  • Payment of remuneration by way of commission to Non-Executive Directors (including Independent Directors)
  • Commission to be determined by Board from time to time
  • In addition to sitting fees and expense reimbursements
  • Total valid votes: 148,226,774 shares
  • Votes in favor: 133,065,398 shares (89.77%)
  • Votes against: 15,161,376 shares (10.23%)

Document Availability

The report will be made available on the company's website at www.websolenergy.com.