Meeting Details

The 71st Annual General Meeting of West Coast Paper Mills Limited was held on Monday, August 17, 2026 at 11:30 A.M. (IST) through Video Conferencing/Other Audio Visual Means.

Remote e-voting was provided to members from August 14, 2026 (9:00 AM) to August 16, 2026 (5:00 PM). E-voting facility was also made available at the AGM for members attending through VC/OAVM who had not cast their vote by remote e-voting.

Attendees

Directors Present: All Directors including Chairperson of Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee attended through VC from their respective places in India.

Other Attendees: Partner of Statutory Auditors (Singhi & Co), Secretarial Auditor (NGJ & Co), Cost Auditor, Internal Auditor, and CFO Shri Rajesh Bothra were present through VC.

Company Representatives: Shri Brajmohan Prasad (Company Secretary and Compliance Officer) and Shri S.K. Bangur (Chairman and Managing Director) conducted the proceedings.

Voting Results Summary

Record Date: August 10, 2026

Total Shareholders on Record Date: 46,929

Total Shares Outstanding: 66,048,908

Attendance:

  • Promoters and Promoter Group: 14 members via VC
  • Public: 137 members via VC

Resolutions Passed

All eight resolutions were passed with required majority:

Ordinary Business:

1. Adoption of Standalone Audited Financial Statements for FY 2025-26

  • Total votes polled: 47,346,014 shares (71.6833% of outstanding shares)
  • Votes in favor: 47,346,000 (100.0000% of votes polled)
  • Votes against: 14 (0.0001% of votes polled)

2. Adoption of Consolidated Audited Financial Statements for FY 2025-26

  • Total votes polled: 47,346,014 shares (71.6833% of outstanding shares)
  • Votes in favor: 47,346,000 (100.0000% of votes polled)
  • Votes against: 14 (0.0001% of votes polled)

3. Declaration of Dividend on Equity Shares for FY 2025-26

  • Total votes polled: 47,384,639 shares (71.7417% of outstanding shares)
  • Votes in favor: 47,384,625 (100.0000% of votes polled)
  • Votes against: 14 (0.0001% of votes polled)

4. Re-appointment of Shri Saurabh Bangur (DIN: 00236894) as Director

  • Total votes polled: 47,384,639 shares (71.7417% of outstanding shares)
  • Votes in favor: 47,201,678 (99.6139% of votes polled)
  • Votes against: 182,961 (0.3861% of votes polled)

Special Business:

5. Appointment of Shri Umesh Kini (M.No.29159) as Cost Auditor for FY 2026-27

  • Total votes polled: 47,384,639 shares (71.7417% of outstanding shares)
  • Votes in favor: 47,384,625 (100.0000% of votes polled)
  • Votes against: 14 (0.0001% of votes polled)

6. Re-appointment of Shri Prakash Kacholia (DIN:00002626) as Non-Executive Independent Director

  • Total votes polled: 47,384,639 shares (71.7417% of outstanding shares)
  • Votes in favor: 47,347,359 (99.9213% of votes polled)
  • Votes against: 37,280 (0.0787% of votes polled)

7. Re-appointment of Shri Virendraa Bangur (DIN: 00237043) as Joint Managing Director

  • Total votes polled: 47,384,639 shares (71.7417% of outstanding shares)
  • Votes in favor: 42,744,042 (90.2065% of votes polled)
  • Votes against: 4,640,597 (9.7935% of votes polled)

8. Re-appointment of Shri Rajendra Jain (DIN: 07250797) as Executive Director

  • Total votes polled: 47,384,639 shares (71.7417% of outstanding shares)
  • Votes in favor: 46,203,298 (97.5069% of votes polled)
  • Votes against: 1,181,341 (2.4931% of votes polled)

Voting Pattern Analysis

Promoter & Promoter Group:

  • Shares held: 37,369,202
  • Votes polled: 100% of shares held across all resolutions
  • Voted 100% in favor of all resolutions

Public Institutions:

  • Shares held: 10,766,179
  • Average voting participation: 92.22-92.58%
  • Mostly voted in favor, with some opposition to director appointments

Public Non-Institutions:

  • Shares held: 17,913,527
  • Low voting participation: 0.27%
  • Minimal opposition across resolutions

Scrutinizer Report

Naman G. Joshi of N G Joshi & Co was appointed as scrutinizer. The scrutinizer's report confirmed the voting results and stated that all electronic data and records relating to e-voting would be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.

Additional Information

  • The meeting started at 11:30 A.M. and concluded at 1:35 P.M.
  • Statutory Auditor Singhi & Co and Secretarial Auditor NGJ & Co expressed unqualified opinions in their audit reports
  • All relevant documents were made available electronically for inspection by members during the AGM
  • The summary of proceedings, voting results, and scrutinizer report are available on the company website www.westcoastpaper.com and MUFG Intime India Pvt. Ltd website