DP Wires Limited held its 28th Annual General Meeting on September 30, 2026, at its registered office in Ratlam, Madhya Pradesh. The meeting focused on the adoption of audited financial statements for the fiscal year ended March 31, 2026, and key board appointments.

The statutory auditor’s report on the standalone financial statements for FY26 contained no qualifications, reservations, or adverse remarks. However, the secretarial auditor’s report included specific observations and remarks. During the proceedings, the Chairman stated that the company takes all measures to ensure timely compliance with regulatory requirements. The delay in secretarial compliance was attributed to an oversight, with assurances made regarding future adherence to timelines.

Resolutions Passed

The following resolutions were put to vote via remote e-voting and physical poll papers during the meeting:

Mr. Anil Kumar Mehta, Independent Director and Chairman, presided over the meeting. All directors attended, along with the statutory auditors, secretarial auditor, and the scrutinizer for remote e-voting. The requisite quorum under Section 103 of the Companies Act, 2013 was present throughout the session.

Voting and Compliance Details

The company facilitated voting through the Central Depository Services (India) Limited (CDSL) platform. Remote e-voting commenced at 9:00 am on September 27, 2026, and concluded at 5:00 pm on September 29, 2026. Physical voting facilities were also available during the AGM for members who had not cast their votes earlier.

The results of the remote e-voting and physical voting will be announced within the requisite time frame. These results, along with the scrutinizer’s report, will be communicated to stock exchanges and placed on the company’s website in compliance with SEBI (LODR) Regulations, 2015.

DP Wires Limited has scheduled its 28th annual general meeting for September 30, 2026, to approve the financial results for FY26. The board approved the notice and annual report on September 5, 2026.

The company reported a decline in revenue from operations to ₹48,073.06 lakh for the year ended March 31, 2026, down from ₹62,093.15 lakh in FY25. Profit after tax fell to ₹1,757.71 lakh compared to ₹2,220.49 lakh in the previous year. Earnings per share stood at ₹11.34, lower than ₹14.33 in FY25.

Key Agenda Items

The board outlined three primary items for discussion during the session:

• Adoption of audited financial statements for the financial year ended March 31, 2026.
• Reappointment of Mr. Arvind Kataria (DIN 00088771), who retires by rotation.
• Ratification of remuneration for cost auditors for FY27.

Director Reappointment

Mr. Arvind Kataria is eligible for reappointment as a director liable to retire by rotation. He holds a Bachelor's degree in Engineering and possesses expertise in marketing and finance.

As of March 31, 2026, Mr. Kataria holds 68,835 shares in the company. He has no directorships in other public companies.

Cost Auditor Remuneration

The board seeks ratification for the remuneration payable to M/s. M. P. Turakhia & Associates, Cost Accountants, Indore. The firm will conduct the audit of cost records for the financial year 2026-27.

The proposed remuneration is ₹65,000 plus applicable taxes and actual out-of-pocket expenses incurred in connection with the audit.

Financial Performance

The decline in turnover was accompanied by a reduction in employee benefits expense and finance costs. Finance costs decreased from ₹143.84 lakh in FY25 to ₹104.17 lakh in FY26.

E-Voting Details

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate remote e-voting. CS Shweta Garg was appointed as the scrutinizer for the voting process.

Shareholders holding securities in demat mode can vote through their depository participants or directly via CDSL/NSDL portals. Physical shareholders must log on to the e-voting website using their folio number.