Welcast Steels Limited concluded its 54th Annual General Meeting on September 10, 2026. The company secured shareholder approval for its audited financial statements for FY25-26.

The meeting was conducted through video conferencing and other audio-visual means in compliance with Ministry of Corporate Affairs and SEBI circulars. Requisite quorum was present for the proceedings.

Key Resolutions Passed

Shareholders approved two primary items of business during the meeting:

• Adoption of the Audited Financial Statements for FY25-26, along with the Board of Directors' report and Auditors' report.
• Reappointment of Mr. Bhadresh K. Shah as a Director, who was retiring by rotation.

Governance and Audit Updates

Mr. Paresh M. Shukla, Company Secretary, confirmed that statutory registers were made available for electronic inspection. He noted there were no qualifications or observations in the Auditors' Report or Secretarial Auditors' Report for FY25-26 that affected the company's functioning.

Directors Present

Key management personnel including CEO Gangadurai M. and CFO Viren Thakkar attended. Statutory Auditor Manohar Gupta of Dagliya & Co. and Secretarial Auditor Tushar Vora were also present.

Shareholder Engagement

Two members raised queries regarding future plans of action. Mr. Viren Thakkar addressed these questions during the session. The company provided remote e-voting facilities from September 7 to September 9, 2026. Voting during the meeting remained open for 30 minutes post-conclusion.

Welcast Steels has scheduled its 54th Annual General Meeting (AGM) for Thursday, September 10, 2026, at 11:00 am. The meeting will be conducted through Video Conference or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars.

The company notified shareholders that the Notice of AGM and the Annual Report for FY26 are available for download on its website and the BSE Limited portal. Shareholders whose email IDs are registered received these documents electronically, while others will receive a letter with a weblink and QR code via Registered Speed Post.

E-Voting Schedule

Welcast Steels is providing remote e-voting facilities through Central Depository Services (India) Limited (CDSL). The voting window and eligibility criteria are detailed below:

Only shareholders recorded in the register of members or beneficial owners as of the cut-off date are eligible to vote. Members who cast their votes remotely cannot vote again during the AGM, though they may attend the meeting. Those who have not voted remotely can cast their votes during the live session.

Shareholder Instructions

Shareholders holding shares in physical mode are requested to update their email IDs and mobile numbers using Form ISR-1 and Form ISR-2, available on the company’s investor relations page or the Registrar and Share Transfer Agent’s website. Demat holders must coordinate with their respective Depository Participants to register contact details.

For queries regarding the e-voting process, shareholders may refer to the FAQs on the CDSL website or contact the helpdesk at 180021 09911. Grievances related to electronic voting should be directed to Mr. Rakesh Dalvi, AVP at CDSL.