Meeting Details
The Thirty First Annual General Meeting was held on Wednesday, 16th September 2026 at 11:00 AM (IST) through Video Conference/Other Audio-Visual Means. The meeting concluded at 11:35 AM.
Record Date: 09-September-2026
Total Shareholders on Record Date: 7,557
Shareholders Attendance: 58 shareholders attended through video conferencing (4 Promoters/Promoter Group, 54 Public)
Scrutinizer Details
Name: Mr. Vinay BL
Firm: Vinay & Ashwini Company Secretaries
Qualification: Company Secretary
Membership Number: F9159
Appointment Date: 08-August-2026
Report Issuance Date: 17-September-2026
Voting Results Summary
All 10 resolutions set out in the AGM notice were passed by members with requisite majority. The e-voting process was conducted by National Securities Depository Limited (NSDL).
Detailed Resolution Results
Resolution 1: Ordinary Resolution
Description: To receive, consider and adopt the Audited Financial Statements for the Financial Year ended 31st March 2026 together with the Reports of the Board of Directors and Auditors thereon.
Promoter Interest: No
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 2: Ordinary Resolution
Description: To declare a Final Dividend of Rs. 0.50 per Equity Share for the Financial Year 2025-2026.
Promoter Interest: No
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,504 shares (99.9998%)
Votes Against: 34 shares (0.0002%)
Result: Passed
Resolution 3: Special Resolution
Description: To appoint a director in place of Mr. Ram Narayan Agrawal (DIN: 00006399), who retires by rotation and being eligible, offers himself for re-appointment.
Promoter Interest: Yes
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,504 shares (99.9998%)
Votes Against: 34 shares (0.0002%)
Result: Passed
Resolution 4: Ordinary Resolution
Description: To approve the appointment of Dr. Gaurav Nigam (DIN: 10239923) as a Whole Time Director designated as Senior Executive Director of the Company.
Promoter Interest: No
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 5: Special Resolution
Description: To approve the payment of remuneration to Dr. Gaurav Nigam (DIN: 10239923) as a Whole Time Director designated as Senior Executive Director of the Company.
Promoter Interest: No
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 6: Special Resolution
Description: To appoint Mr. Sanjeev Arora (DIN: 07230635) as an Independent Director of the Company.
Promoter Interest: No data
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 7: Special Resolution
Description: To appoint Mr. Deepak Jain (DIN: 07753667) as an Independent Director of the company.
Promoter Interest: No data
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 8: Special Resolution
Description: To re-appoint Mrs. Vandana Malaiya (DIN: 09179865) as the Independent Director of the Company.
Promoter Interest: No
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 9: Special Resolution
Description: To re-appoint Mrs. Shruti Agarwal (DIN: 09180804) as the Independent Director of the Company.
Promoter Interest: No
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,524 shares (99.9999%)
Votes Against: 14 shares (0.0001%)
Result: Passed
Resolution 10: Special Resolution
Description: To approve Employee Stock Option Plan 2026
Promoter Interest: No data
Total Votes Polled: 20,369,538 shares (55.18% of outstanding shares)
Votes in Favor: 20,369,424 shares (99.9994%)
Votes Against: 114 shares (0.0006%)
Result: Passed
Shareholding Pattern
Total Outstanding Shares: 36,955,012
Promoter and Promoter Group Holdings: 15,166,390 shares (41.04%)
Public Non-Institutions Holdings: 21,788,622 shares (58.96%)
Public Institutions Holdings: 0 shares
Voting Process Details
The remote e-voting opened on Sunday, 13th September 2026 at 9:00 AM and closed on Tuesday, 15th September 2026 at 5:00 PM through NSDL platform. Electronic voting during the AGM was available for shareholders who had not voted remotely.
Additional Information
The voting results and scrutinizer's report are available on the company website at www.wepsol.com.