Williamson Magor & Co. Limited passed all resolutions at its 75th Annual General Meeting held on September 28, 2026, with 99.67% of valid votes cast in favour. The meeting, conducted via Video Conferencing, ratified the appointment of two new directors and adopted FY26 financial statements.

The proceedings commenced at 3:00 pm and concluded at 4:17 pm. Mr. Tabrez Ahmed, Independent Director, served as the Chairman of the meeting. He briefed members on the virtual format, e-voting guidelines, and the availability of statutory registers for inspection during the session.

Key resolutions passed

Shareholders transacted ordinary business items outlined in the AGM notice dated August 12, 2026. The following resolutions were adopted:

The Chairman noted that qualifications and observations from the Statutory Auditors' Report and Secretarial Audit Report for the year ended March 31, 2026, were read out to the members as required under Section 145 of the Companies Act, 2013.

Voting results breakdown

Mrs. Vidhya Baid, Practising Company Secretary, served as the scrutinizer for the voting process facilitated by National Securities Depository Limited (NSDL). Remote voting opened on September 24, 2026, and closed on September 27, 2026. A total of 8,603 members were on the register as of the cut-off date, September 21, 2026.

The detailed voting pattern for all three resolutions was identical in outcome, driven by promoter participation:

What the numbers show

The voting results highlight a significant concentration of power within the promoter group. While public non-institutional shareholders voted overwhelmingly against the resolutions (85.63% against), their combined vote count of 26,536 was negligible compared to the promoter group's 6,779,203 votes. Consequently, the promoter block alone ensured a 99.67% overall approval rate, rendering the dissenting public votes ineffective in altering the outcome.

Director appointment details

The shareholders approved the appointment of Arup Pal (DIN: 11807824) and Subhajit Majumdar (DIN: 11807464) as Directors liable to retire by rotation. Both appointments are effective from July 22, 2026. The directors were appointed as Non-Executive and Non-Independent Directors.

Both directors are not related to any other Director or Key Managerial Personnel of the company. They are also not debarred from holding the office of Director by any order of SEBI or other authorities.

Attendance and governance updates

Five directors attended the meeting in person or virtually. Mr. Lakshman Singh was absent with leave. Key personnel present included Sudipta Chakraborty, Manager and Chief Financial Officer, and Sk Javed Akhtar, Company Secretary and Compliance Officer.

A total of 55 shareholders attended through Video Conferencing, comprising 3 from the Promoter and Promoter Group and 52 Public Shareholders. No members attended personally or through proxy.

The company confirmed that the Notice convening the AGM, along with the Integrated Annual Report for FY26, was sent electronically to registered shareholders on September 5, 2026. Members without registered email addresses received web links to access these documents.

Williamson Magor & Co. Limited will convene its 75th Annual General Meeting on Monday, September 28, 2026. The meeting will be held via video conferencing or other audio-visual means.

Shareholders are asked to approve the appointment of two additional directors. Mr Arup Pal and Mr Subhajit Majumdar were initially appointed as Additional Directors on July 22, 2026. Their formal appointment as Directors liable to retire by rotation requires shareholder approval under Section 161 of the Companies Act, 2013.

Meeting Schedule

The remote e-voting period runs from Thursday, September 24, 2026, at 9:00 am to Sunday, September 27, 2026, at 5:00 pm. Members holding shares as on the cut-off date of Monday, September 21, 2026, are eligible to vote.

Director Profiles

Mr Arup Pal holds a Bachelor's Degree in Commerce and a diploma in Certified Industrial Accountant Course. He brings over eight years of experience in accounts and purchase departments from organizations such as Assam Company India Ltd. and Travelaids India.

Mr Subhajit Majumdar holds a Bachelor of Science degree. He possesses more than twenty years of experience in finance and commercial roles, including tenure at Mcleod Russel India Ltd. Both directors are entitled only to sitting fees for attending board or committee meetings.

Voting Procedures

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting. Institutional shareholders must submit scanned copies of relevant Board Resolutions or Power of Attorney documents to the scrutinizer via email. Individual shareholders holding securities in demat mode can log in through their depository participant accounts or the NSDL e-Services portal.

Members attending the meeting through VC/OAVM will be counted for quorum purposes. Those who have already cast their votes via remote e-voting may attend the meeting but cannot vote again during the session.