Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

WEBSOL ENERGY SYSTEM LIMITED

Meeting Details

The 36th Annual General Meeting was held on 22nd September, 2026 through Video Conferencing/OAVM facility. The meeting commenced at 02:30 PM and concluded at 03:31 PM. The record date for determining shareholders entitled to vote was 15th September, 2026.

Proposed Resolutions and Implications

The AGM considered seven resolutions:

1. Ordinary Business Item 1: Adoption of audited standalone and consolidated financial statements for FY ended 31st March 2026

2. Ordinary Business Item 2: Declaration of dividend of ₹0.25 (25%) per equity share of Re. 1 each for FY 2025-26

3. Ordinary Business Item 3: Re-appointment of Ms. Sanjana Khaitan (DIN: 07232095) as director retiring by rotation

4. Special Business Item 4: Appointment of Mr. Sanjay Kumar (DIN: 11820120) as Non-Executive Non-Independent Director

5. Special Business Item 5: Appointment of Mr. Dinesh Agarwal (DIN: 02722380) as Independent Director for 5 years

6. Ordinary Business Item 6: Revision in remuneration terms of Ms. Sanjana Khaitan, Executive Director

7. Ordinary Business Item 7: Payment of commission to Non-Executive Directors (including Independent Directors)

Voting Process and Methods

The company provided e-voting facility through NSDL. Remote e-voting commenced on 19th September, 2026 at 9:00 AM and ended on 21st September, 2026 at 5:00 PM. Additional e-voting was conducted during the AGM through NSDL's electronic voting system.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 172,129
  • Shareholders attended through video conferencing: 5 Promoters + 90 Public = 95 total
  • Total votes cast across all resolutions: 148,227,054 shares (34.1408% of outstanding shares)
  • All seven resolutions were passed with requisite majority

Resolution-wise Voting Results:

Item 1 - Adoption of Financial Statements

  • Total votes cast: 148,227,054 shares (34.1408%)
  • Votes in favor: 148,223,096 shares (99.9973%)
  • Votes against: 3,958 shares (0.0027%)

Item 2 - Dividend Declaration

  • Total votes cast: 148,185,336 shares (34.1312%)
  • Votes in favor: 147,293,543 shares (99.3982%)
  • Votes against: 891,793 shares (0.6018%)

Item 3 - Re-appointment of Sanjana Khaitan

  • Total votes cast: 148,226,974 shares (34.1408%)
  • Votes in favor: 146,305,898 shares (98.704%)
  • Votes against: 1,921,076 shares (1.296%)

Item 4 - Appointment of Sanjay Kumar

  • Total votes cast: 148,226,974 shares (34.1408%)
  • Votes in favor: 147,977,078 shares (99.8314%)
  • Votes against: 249,896 shares (0.1686%)

Item 5 - Appointment of Dinesh Agarwal

  • Total votes cast: 148,225,524 shares (34.1405%)
  • Votes in favor: 148,018,903 shares (99.8606%)
  • Votes against: 206,621 shares (0.1394%)

Item 6 - Revision of Sanjana Khaitan's Remuneration

  • Total votes cast: 148,226,774 shares (34.1408%)
  • Votes in favor: 133,890,483 shares (90.3281%)
  • Votes against: 14,336,291 shares (9.6719%)

Item 7 - Commission to Non-Executive Directors

  • Total votes cast: 148,226,774 shares (34.1408%)
  • Votes in favor: 133,065,398 shares (89.7715%)
  • Votes against: 15,161,376 shares (10.2285%)

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares held: 129,037,310
  • Votes polled: 125,079,830 (96.9331% participation)
  • Voting exclusively through e-voting

Public Institutions

  • Shares held: 18,925,883
  • Votes polled: 15,061,351 (79.5807% participation)
  • Voting exclusively through e-voting

Public Non-Institutions

  • Shares held: 286,200,277
  • Votes polled: 8,085,873 (2.8252% participation)
  • Voting exclusively through e-voting

Scrutinizer's Role and Findings

Mr. Abhijit Majumdar, Practicing Company Secretary (Membership No. A9804, COP No. 18995), was appointed as Scrutinizer by the Board of Directors on 10th August, 2026. He scrutinized the e-voting process in a fair and transparent manner and submitted his report on 22nd September, 2026.

The scrutinizer maintained separate registers for votes cast through remote e-voting and e-voting during the AGM in electronic form, which will remain in his custody until the Chairman signs the minutes of the AGM.

Compliance Confirmation

The company confirmed compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from MCA and SEBI. The voting was conducted in accordance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.

Additional Information

  • The company address: 52/1, Shakespeare Sarani, Unimark Asian 8th Floor, Kolkata-700017
  • No invalid votes were recorded across any shareholder category for any resolution