Meeting Details

  • Date of AGM: July 23, 2026
  • Time: 1:00 PM IST
  • Type of Meeting: 25th Annual General Meeting
  • Mode: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: 40/1 Mohabewala Industrial Area, Dehradun, Uttarakhand 248110

Proposed Resolutions and Implications

The AGM considered six resolutions:

1. Resolution 1 (Ordinary): Approval and adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Auditors and Board of Directors

2. Resolution 2 (Ordinary): Declaration of a Final Dividend of ₹6.30 per Equity Share for financial year 2025-26

3. Resolution 3 (Ordinary): Re-appointment of Mr. Hitesh Windlass (DIN: 02030941) as Managing Director

4. Resolution 4 (Ordinary): Re-appointment of Mrs. Prachi Jain Windlass (DIN: 06661073) as Director

5. Resolution 5 (Ordinary): Ratification of remuneration of the Cost Auditor

6. Resolution 6 (Special): Appointment of Dr. Tarashree Singhal (DIN: 11697518) as an Independent Director

All resolutions were passed with requisite majority. The promoter/promoter group had no interest in any of the resolutions.

Voting Process and Methods

The voting process involved two methods:

  • Remote e-voting: Conducted through MUFG Intime India Private Limited from 9:00 AM IST on Monday, July 20, 2026, to 5:00 PM IST on Wednesday, July 22, 2026
  • E-voting during AGM: Conducted during the virtual meeting on July 23, 2026

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 45,932
  • Total outstanding shares: 20,636,229
  • Total votes cast: 14,732,527 (71.39% of outstanding shares)
  • All resolutions received 100% votes in favor except Resolution 5 which had one dissent vote

Category-wise Voting Breakdown

Resolution 1: Adoption of Financial Statements
  • Promoter & Promoter Group: 13,065,349 votes (100% of shares held), 100% in favor
  • Public - Institutions: 1,522,146 votes (63.10% of shares held), 100% in favor
  • Public - Non-Institutions: 145,032 votes (2.81% of shares held), 100% in favor
  • Total: 14,732,527 votes (71.39% of outstanding shares), 100% in favor
Resolution 2: Final Dividend Declaration
  • Same voting pattern as Resolution 1 with 100% approval
Resolution 3: Re-appointment of Hitesh Windlass
  • Same voting pattern as Resolution 1 with 100% approval
Resolution 4: Re-appointment of Prachi Jain Windlass
  • Promoter & Promoter Group: 13,065,349 votes (100% of shares held), 100% in favor
  • Public - Institutions: 1,522,146 votes (63.10% of shares held), 100% in favor
  • Public - Non-Institutions: 145,032 votes (2.81% of shares held), 145,031 in favor, 1 against (100% in favor on votes polled)
  • Total: 14,732,527 votes (71.39% of outstanding shares), 14,732,526 in favor, 1 against (100% in favor on votes polled)
Resolution 5: Ratification of Cost Auditor Remuneration
  • Promoter & Promoter Group: 13,065,349 votes (100% of shares held), 100% in favor
  • Public - Institutions: 1,522,146 votes (63.10% of shares held), 100% in favor
  • Public - Non-Institutions: 145,032 votes (2.81% of shares held), 145,031 in favor, 1 against (100% in favor on votes polled)
  • Total: 14,732,527 votes (71.39% of outstanding shares), 14,732,526 in favor, 1 against (100% in favor on votes polled)
Resolution 6: Appointment of Independent Director
  • Same voting pattern as Resolution 1 with 100% approval

Attendance

  • Promoters and Promoter Group: 7 shareholders attended through VC
  • Public: 57 shareholders attended through VC

Scrutinizer's Role and Findings

Mr. Sandeep Joshi of M/s Sandeep Joshi & Associates, Practicing Company Secretary (Membership No. ACS-42945) was appointed as the Scrutinizer for both remote e-voting and e-voting during the AGM. His responsibilities included:

  • Ensuring fair and transparent voting process
  • Having access to details of members who voted through remote e-voting before the AGM
  • Unblocking and downloading results after completion of e-voting at AGM
  • Submitting a comprehensive scrutinizer's report dated July 24, 2026

The scrutinizer confirmed that all resolutions were passed with requisite majority based on the voting results.

Compliance with Laws and Regulations

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies (Management and Administration) Rules, 2014
  • MCA circulars for holding AGM through Video Conferencing
  • Notice of AGM was published in Financial Express (all edition) and Dainik Bhasker (Dehradun edition) on June 30, 2026
  • Notice was hosted on company website and intimated to stock exchanges on July 1, 2026
  • Dispatch of Notice and Annual Report completed on July 1, 2026 to 45,596 members via email

Additional Information

  • Cut-off date for voting rights: July 16, 2026
  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited
  • BSE Code: 543329
  • NSE Symbol: WINDLAS