WPIL AGM Approves ₹2/Share Dividend, Re-appoints Directors

WPIL Limited's 71st Annual General Meeting (AGM) held on August 8, 2025, approved a dividend of ₹2 per equity share for the financial year ended March 31, 2025. The shareholders also approved the re-appointment of Mr. Prakash Agarwal and Mr. Brahma Prakash Khare as directors.

The meeting, conducted through video conferencing, saw the adoption of audited standalone and consolidated financial statements for FY25, along with the reports of the Board of Directors and the Auditors.

M/s Salarpuria & Partners were re-appointed as statutory auditors for five consecutive years, commencing from the financial year 2025-2026 until 2029-2030. Additionally, M/s Rinku Gupta & Associates were appointed as secretarial auditor for five consecutive years for the same period.

The board ratified the remuneration payable to Messrs D. Radhakrishnan & Co., Cost Auditor, for the financial year ended March 31, 2025.

The voting results, based on a consolidated scrutinizer's report, confirmed that all resolutions were passed with the requisite majority. The remote e-voting was conducted prior to and during the AGM, with the facility provided by National Securities Depository Limited (NSDL).

P. V. Subramanian, Practicing Company Secretary, served as the scrutinizer for the remote e-voting process. The voting period commenced on August 5, 2025, and ended on August 7, 2025.

 U. Chakravarty, General Manager (Finance) & Company Secretary, countersigned the report.