Meeting Details
The 36th Annual General Meeting of Websol Energy System Limited was held on Tuesday, 22nd September 2026 through Video Conferencing / Other Audio Visual Means (VC/OAVM).
- Meeting commenced at: 2:30 PM IST
- Meeting concluded at: 3:31 PM IST (including 15 minutes provided for e-voting after the AGM)
- Conducted in conformity with Companies Act, 2013 and SEBI Listing Regulations
Attendance
Directors Present:
- Mr. Sohan Lal Agarwal (Chairman & Managing Director)
- Ms. Sanjana Khaitan (Executive Director)
- Mr. Dinesh Agarwal (Chairman of Audit Committee)
- Mr. Vishal Patodia (Chairman of Nomination & Remuneration Committee and Stakeholders Relationship Committee)
- Mr. Ashok Purohit (Company Secretary & Compliance Officer)
Directors Absent:
- Mr. Rajeewa R Arya (retired at conclusion of AGM)
Other Attendees:
- Statutory & Secretarial Auditors
- Shareholders
Proceedings Summary
Mr. Ashok Purohit, Company Secretary & Compliance Officer, briefed members about the VC/OAVM participation process and availability of documents for electronic inspection. The Chairman declared requisite quorum and delivered a welcome speech covering company performance highlights.
Ms. Sanjana Khaitan, Executive Director, briefed members on company operations and performance, conveying appreciation to shareholders.
The Company Secretary informed that Statutory Auditors' reports contained no qualifications, observations, or adverse remarks. Comments on Secretarial Auditor's observations were disclosed in the Directors' Report.
Resolutions Transacted
ORDINARY BUSINESS:
1. Adoption of Standalone and Consolidated Audited Financial Statements for financial year 2025-26
2. Declaration of dividend for financial year 2025-26 @ ₹0.25 per equity share of ₹1 each
3. Reappointment of Ms. Sanjana Khaitan (DIN: 07232095) as director
SPECIAL BUSINESS:
4. Appointment of Mr. Sanjay Kumar (DIN: 11820120) as Non-Executive Non-Independent Director
5. Appointment of Mr. Dinesh Agarwal (DIN: 02722380) as Independent Director for five years effective from 10th August 2026
6. Revision in terms of remuneration of Ms. Sanjana Khaitan (DIN: 07232095), Executive Director
7. Payment of commission to Non-Executive Directors (including Independent Directors)
Director Changes
Mr. Rajeewa R Arya expressed unwillingness to be reappointed due to personal reasons and retired from the office of Director at the conclusion of the AGM pursuant to Section 152 of Companies Act, 2013.
Shareholder Engagement
Pre-registered speakers were invited to ask questions or seek clarifications on agenda items. Mr. Amrit Daga, Chief Financial Officer, responded to shareholder queries.
Voting Results
The e-voting results along with consolidated Scrutinizer's Report will be informed to Stock Exchanges within two working days of conclusion of the AGM and made available on company websites, NSDL, and stock exchange websites.