Bansal Wire Industries declared the final voting results for its 41st Annual General Meeting held on September 17, 2026. All six resolutions were approved, though the re-appointment of Chairman Arun Gupta faced notable dissent from institutional investors.

The meeting, conducted via video conferencing, saw participation from 72 members physically or virtually, while remote e-voting accounted for the majority of votes cast. The total number of shareholders on the record date of September 10, 2026, was 51,785. The Company Secretary confirmed that all resolutions passed with the requisite majority under Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI Listing Regulations.

Board Appointments

Shareholders approved the re-appointment of Arun Gupta as director by rotation. He currently serves as Chairman and Whole-Time Director. The resolution received 90.49% votes in favour overall. However, institutional investors showed significant divergence, casting only 52.33% votes in favour, with 47.67% against. Promoter and non-institutional public shareholders supported the move overwhelmingly.

The meeting also approved the appointment of Ramesh Kumar Choubey as an Independent Director for a term of five consecutive years. This special resolution received 99.99% support across all investor categories.

The following directors were present at the meeting:

• Pranav Bansal, Managing Director and Chief Executive Officer
• Umesh Kumar Gupta, Whole-Time Director and Chief Operating Officer
• Satish Prakash Aggarwal, Independent Director
• Piyush Tiwari, Independent Director
• Ritu Bansal, Independent Director

Corporate Actions

Members ratified the remuneration of M/s Ashish & Associates as Cost Auditor for FY27. The company also sought approval for the sub-division or split of its equity shares. Additionally, shareholders approved the alteration of the Capital Clause in the Memorandum of Association. Both the share split and MoA alteration resolutions received near-unanimous support, with over 99.99% votes in favour.

Financial Statements

The AGM included the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. The Statutory Auditors and Secretarial Auditors issued reports without qualification. Management stated that any observations in these reports were duly addressed and had no adverse impact on operations. This ordinary resolution received 100% support from promoters and institutions, with negligible dissent from non-institutional public investors.

Voting Breakdown

The scrutinizer’s report, issued by Naveen Shree Pandey of NSP & Associates, confirmed that the voting process complied with regulatory requirements. Remote e-voting was open from September 13 to September 16, 2026, via the NSDL platform.

Bansal Wire Industries Limited will participate in the Anand Rathi Annual Flagship Conference G-200 Summit 2026 on September 22, 2026. The steel wire manufacturer will hold group and one-on-one meetings with investors in Mumbai.

Company Name disclosed the schedule pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed with the Bombay Stock Exchange and the National Stock Exchange of India Limited on September 17, 2026.

Meeting Details

The conference is scheduled to begin at 10:00 am on Tuesday, September 22, 2026. Representatives from Bansal Wire Industries will engage with investors through both group presentations and individual one-on-one sessions. The event will be conducted in person at the Mumbai venue.

Regulatory Compliance

The company emphasized that no unpublished price-sensitive information (UPSI) will be discussed during the interactions. This assurance aligns with standard compliance protocols for investor conferences under SEBI regulations.

Sumit Gupta, Company Secretary and Compliance Officer, signed the intimation letter. The information is also available on the company’s website as required under Regulation 46(2) of the Listing Regulations.

The schedule remains subject to change due to exigencies on the part of investors or the company.