Western Overseas Study Abroad shareholders approved all resolutions at its 13th annual general meeting held on August 31, 2026. The company confirmed the voting results on September 1, 2026, with all agenda items passing with unanimous support from participating voters.

The most significant outcome was the approval of the special resolution to rename the company from Western Overseas Study Abroad Limited to Western Overseas Global Solutions Limited. This change reflects the firm's strategic intent to expand its business scope beyond traditional study abroad services.

Voting Results

The company reported that 4,250,000 votes were polled out of 6,012,000 outstanding shares as of the record date of August 21, 2026. This represents a participation rate of 70.69% among shareholders who cast votes.

Promoter and promoter group shareholders accounted for the vast majority of voting activity, casting 100% of their held shares in favor of every resolution. Public non-institutional shareholders also voted unanimously in favor, though their participation rate was lower at 2.02%. No public institutional shares were voted.

Governance Updates

In addition to the name change, the AGM addressed several key corporate governance matters:

• Board Appointment: Ms. Ambika Jindal (DIN: 10310252) was appointed as an independent director via special resolution.
• Director Re-election: Mr. Deepak Kumar (DIN: 11030607), who retires by rotation, was re-appointed as a director.
• Memorandum Alteration: Shareholders approved alterations to the object clause of the memorandum of association to align with the expanded business scope.
• Auditor Appointment: The secretarial auditor was re-appointed for the ensuing term.
• Financial Statements: The audited financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and Auditors, were adopted.

Mr. Pardeep Balyan, Managing Director, chaired the meeting, which commenced at 10:00 am and concluded at 10:20 am at the registered office in Ambala City, Haryana. Five members were present in person.

Voting Process Details

Electronic voting was conducted for members holding shares as of August 21, 2026. The e-voting window was open from August 28, 2026, to August 30, 2026. CS Pooja Damir Miglani served as the scrutinizer for both e-voting and ballot voting conducted during the physical meeting. Central Depository Services Limited (CDSL) facilitated the electronic voting process.

The chairman confirmed that the auditors' report contained no qualifications or adverse remarks. The consolidated scrutinizer's report, dated September 1, 2026, verified that all resolutions were passed with the requisite majority under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Western Overseas Study Abroad Limited has released its investor presentation ahead of a virtual group meeting with investors and analysts scheduled for September 3, 2026. The company filed the presentation with the BSE Listing Compliance Department on August 31, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure provides a comprehensive overview of the company’s operations and financial performance for FY26, supplementing the earlier intimation dated August 29, 2026.

Meeting Details

The virtual session will take place at 2:00 pm on September 3, 2026. Shruti Gupta, Company Secretary, signed the intimation letter, noting that discussions will rely strictly on public data to ensure no unpublished price-sensitive information is shared.

FY26 Financial Performance

The investor presentation highlights strong margin expansion despite a slight dip in revenue compared to FY25. The company reported revenue from operations of ₹2,027 Lakhs for FY26, down from ₹2,273 Lakhs in FY25. However, profitability improved significantly, driven by operational efficiencies and a shift in revenue mix.

EBITDA rose by 15.2% year-on-year to ₹456 Lakhs, while PAT grew by 23.5% to ₹273 Lakhs. The EBITDA margin expanded by over 500 basis points to 22.4%, reflecting improved cost structures.

Business Highlights

Western Overseas operates as an end-to-end overseas education and immigration consultancy. Key operational metrics for FY26 include:

• Visa Approval Rate: Maintained at 79.38%, with 732 approvals out of 922 lodgements.
• Client Base: Serviced 2,024 clients in the visa segment and 5,947 in the course and exam segment.
• Revenue Mix: Commission fees contributed 70% of revenue, while exam booking and professional fees accounted for 30%. Non-commission lines have grown from 8% to 41% of revenue over two years, reducing dependence on placement commissions.
• Geographic Diversification: Revenue sources diversified beyond traditional destinations. UAE emerged as a significant contributor, accounting for 22% of FY26 revenue, up from negligible levels in prior years. Canada’s share declined to 18%, reflecting global policy shifts.

Strategic Initiatives

The company is leveraging IPO proceeds to strengthen its market position. Key initiatives include:

• Media Plan: ₹342.5 Lakhs allocated for multi-media campaigns across hoardings, print, radio, TV, and digital platforms.
• Digital Build: ₹300 Lakhs invested in ERP implementation, website enhancement, and mobile app development to improve client tracking and service delivery.
• Branch Network: Expanded presence with 12 offices across Haryana, Punjab, Chandigarh, Delhi, and Madhya Pradesh, supported by 2,409 billboards for brand recall.

Balance Sheet Strength

Western Overseas maintains a robust balance sheet with a net cash position of ₹289 Lakhs at year-end FY26. Total equity increased to ₹1,853 Lakhs, supported by IPO primary capital and retained earnings. The company is long-term debt-free, with only short-term borrowings of ₹210 Lakhs. Net worth per share doubled to ₹30.8 from ₹15.5 in FY25.

Regulatory Context

The filing serves as a formal record for regulatory compliance. The company reserved the right to cancel, reschedule, or postpone the meeting due to exigencies involving analysts, investors, or company officials.