West Coast Paper Mills Ltd. has announced the successful completion of its postal ballot process, with shareholders approving the re-appointment of two key directors through special resolutions. The company disclosed the results on April 08, 2026, following the scrutinizer's report submitted on the same date.

Postal Ballot Overview

The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013, and SEBI LODR Regulations. The voting was carried out exclusively through e-voting mechanism, with the process commencing on March 09, 2026, at 9:00 AM and concluding on April 07, 2026, at 5:00 PM.

Resolution 1: Independent Director Re-appointment

The first special resolution concerning the re-appointment of Smt. Sudha Bhushan (DIN: 01749008) as Non-Executive Independent Director received overwhelming shareholder support. The resolution was passed with 99.68% votes in favor.

Resolution 2: Chairman & Managing Director Re-appointment

The second special resolution for re-appointing Shri S.K. Bangur (DIN: 00053237) as Chairman & Managing Director was approved with 84.41% votes in favor. This resolution saw more divided voting, particularly among public institutional investors.

Voting Participation and Process

The postal ballot achieved a participation rate of 71.59% of total outstanding shares, with 47,281,875 votes polled out of 66,048,908 total shares. The e-voting process was managed by MUFG Intime India Pvt. Ltd. (formerly Link Intime India Pvt. Ltd.) through their instavote platform.

Scrutinizer Naman G. Joshi of N G Joshi & Co. confirmed that both resolutions were deemed to have been passed at the General Meeting on April 07, 2026. The company has taken simultaneous action to publish the results on the registrar's website, notice boards at registered and corporate offices, and the company's official website.

Regulatory Compliance

The postal ballot was conducted in compliance with Regulations 30 and 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the requisite disclosures with BSE Limited and National Stock Exchange of India Ltd., ensuring full regulatory compliance throughout the process.

West Coast Paper Mills Ltd. has filed its quarterly compliance certificate with stock exchanges, confirming adherence to SEBI dematerialisation regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Ltd. on April 3, 2026. Company Secretary Brajmohan Prasad signed the filing, which included the compliance certificate from the company's Registrar and Transfer Agent.

RTA Confirmation Certificate

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's RTA, issued the confirmation certificate dated April 1, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The RTA confirmed several key compliance aspects:

• Securities received from depository participants for dematerialisation during the quarter were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were confirmed or rejected as appropriate
• Certificates were mutilated and cancelled after due verification by depository participants
• Depositories' names were substituted in the register of members as registered owners within prescribed timelines

Company Information

The filing demonstrates the company's ongoing compliance with SEBI regulations governing dematerialisation processes and depositories operations, ensuring proper handling of securities transactions during the quarter.