Event Disclosure
Nature of Event: Notice of 44th Annual General Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
AGM Details:
- Date: Wednesday, September 30, 2026
- Time: 3:30 PM IST
- Mode: Video Conference (VC) / Other Audio-Visual Means (OAVM)
- Deemed Venue: Registered Office at Office No. D 310 Crystal Plaza, Opposite Infinity Mall, New Link Road, Andheri West, Mumbai 400053
Business to be Transacted
Ordinary Business:
1. To receive, consider and adopt Audited Financial Statements for year ended March 31, 2026
2. To reappoint Mr. Munnalal Jain (DIN: 10478345) as Director who retires by rotation
Special Business:
3. To appoint Mr. Kaushik Kantilal Shah (DIN: 01396342) as Independent Director for 5-year term from August 14, 2026 to August 13, 2031 (Special Resolution required)
Financial Performance (FY 2025-26)
Key Financial Figures (₹ in Lakhs):
- Revenue from operations: ₹243.02 (Previous year: ₹0)
- Other Income: ₹35.60 (Previous year: ₹42.98)
- Total Income: ₹278.62 (Previous year: ₹42.98)
- Profit before depreciation and tax: ₹4.75 (Previous year: ₹3.10)
- Depreciation: ₹0.15 (Previous year: ₹0)
- Profit before tax: ₹4.60 (Previous year: ₹3.10)
- Provision for tax: ₹1.23 (Previous year: ₹0.80)
- Net profit: ₹3.37 (Previous year: ₹2.29 net profit)
- Transfer to reserves: ₹3.37
Capital Structure:
- Authorized Share Capital: ₹10,00,00,000 (5,00,00,000 equity shares of ₹2 each)
- Paid-up Equity Share Capital: ₹9,42,50,000 (4,71,25,000 equity shares of ₹2 each)
- No change in capital structure during the year
- No shares with differential voting rights, stock options or sweat equity issued
Dividend: No dividend recommended for FY 2025-26
Corporate Governance
Board Composition:
- Mr. Munnalal Bhaiyalal Jain - Managing Director
- Ms. Sushama Yadav - Non-Executive Independent Director
- Mr. Yash Surjan - Non-Executive Independent Director (Resigned w.e.f. August 3, 2026)
- Ms. Kavita Ashok Jain - Non-Executive Independent Director
- Mr. Atul Kumar Maheshwari - Chief Financial Officer
- Mr. Kaushik Kantilal Shah - Non-Executive Independent Director (Additional, appointed w.e.f. August 14, 2026)
Key Managerial Personnel Changes:
- Ms. Prachi Jain resigned as Company Secretary & Compliance Officer w.e.f. August 13, 2025
- Ms. Unnati Sharma appointed as Company Secretary & Compliance Officer w.e.f. December 26, 2025
Board Meetings: 9 meetings held during FY 2025-26 on May 30, July 2, August 12, August 13, September 3, November 14, December 26, 2025, and February 12, March 21, 2026
Committee Meetings:
- Audit Committee: 4 meetings
- Nomination and Remuneration Committee: 2 meetings
- Stakeholders Relationship Committee: 1 meeting
Auditor Appointments
Statutory Auditors: M/s. Motilal & Associates LLP (Chartered Accountants) appointed till conclusion of 48th AGM
Secretarial Auditor: M/s. Gajab Maheshwari and Associates (Company Secretaries)
Internal Auditor: M/s. Ritik Agrawal & Company (Chartered Accountants)
Key Disclosures
Share Transfer Agent: Purva Sharegistry India Pvt. Ltd., Mumbai
Bankers: HDFC Bank Limited
Unpaid Dividend: No amount lying in Unpaid Dividend Account
Deposits: No fixed deposits accepted from public
Subsidiaries/JVs/Associates: None as on March 31, 2026
Related Party Transactions: Disclosed in financial statements with no material concerns
Material Changes: No material changes affecting financial position between year-end and report date
Regulatory Actions: No significant material orders passed by regulators/courts
Voting Arrangements
Remote E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
Record Date: September 23, 2026
Scrutinizer: Mr. Gajab Maheshwari (Practicing Company Secretary)
Results Declaration: Within 48 hours of AGM conclusion
Important Notes
- AGM conducted through VC/OAVM as permitted by MCA and SEBI circulars
- Physical attendance of members dispensed with
- No proxy facility available for VC/OAVM meeting
- Documents available for electronic inspection on request
- Annual Report available on company website: www.wagendinfra.in
Director Profile - Mr. Kaushik Kantilal Shah
- Practicing Chartered Accountant with 42 years experience
- B.Com degree and Chartered Accountant qualification
- Previously served as Independent Director in a listed company for 5 years
- Expertise in finance, accounting, taxation and corporate matters
- Received all required declarations and consents under Companies Act, 2013
Compliance Status
- Secretarial Audit Report confirms compliance with applicable laws
- No fraud reported during the year
- Adequate internal financial controls in place
- No instances of sexual harassment complaints
- Business Responsibility and Sustainability Report not applicable as company not in top-1000 listed entities