Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Wendt (India) Limited
Meeting Details
- Date: Friday, 24th July 2026
- Time: 03:00 p.m. to 04:50 p.m.
- Location: Conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM)
- Type of Meeting: 44th Annual General Meeting
- Chairman: Mr. Bhagya Chandra Rao
Proposed Resolutions and Implications
The following five business items were transacted as per the Notice dated 24th April 2026:
1. Adoption of Audited Standalone Financial Statements for year ended 31st March 2026 with Reports of Board of Directors and Auditors
2. Adoption of Audited Consolidated Financial Statements for year ended 31st March 2026 with Report of Auditors
3. Declaration of final dividend of ₹10 per equity share of ₹10 each for 2025-26 and confirmation of interim dividend of ₹20 per equity share of ₹10 each
4. Re-appointment of Mr. Muthiah Venkatachalam (DIN: 07045802) as Director retiring by rotation
5. Ratification of remuneration of ₹1,25,000 per annum (excluding applicable taxes and out-of-pocket expenses) payable to Cost Auditor M/s. B Y & Associates for FY 2026-27
Voting Process and Methods
The company provided two voting methods:
- Remote e-voting facility prior to the meeting
- Electronic voting facility during the meeting for members who hadn't voted remotely
The voting process was scrutinized by Mr. R Sridharan of M/s. R Sridharan and Associates, Practising Company Secretary, appointed as Scrutinizer.
Key Voting Outcomes and Participation
- The e-voting results were to be declared within two working days from the meeting conclusion
- Results along with Scrutinizer's Report will be placed on company website and sent to stock exchanges
- Specific voting numbers and percentage breakdowns by shareholder category are not provided in this document
Scrutinizer's Role and Findings
Mr. R Sridharan was appointed to scrutinize both remote e-voting and e-voting during the meeting. The scrutinizer's report will be made available with the voting results.
Compliance with Laws and Regulations
The meeting was conducted in compliance with:
- Companies Act, 2013 and Rules made thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44)
- Ministry of Corporate Affairs guidelines for VC/OAVM meetings
Annual Report distribution complied with Regulation 36 of SEBI Listing Regulations:
- Soft copies sent electronically to demat holders with available email addresses
- Physical copies sent to members who specifically requested them
- Weblink provided to shareholders without registered email addresses
Additional Information
- Auditors' report and Secretarial Audit Report for year ended 31st March 2026 had no qualifications or adverse observations
- The company's Q1 FY2027 results (ended 30th June 2026) were approved by the Board earlier on the same day and announced at the AGM
- Mr. Amit Ingale, Executive Director & CEO, presented significant developments during 2025-26
- Shareholder questions were addressed during the meeting, with responses promised for those who couldn't participate