Worth Peripherals Limited has successfully concluded its postal ballot process, announcing results that demonstrate strong shareholder confidence in the company's leadership and governance decisions. The Indore-based technology peripherals company conducted the voting through remote e-voting facilities provided by Central Depository Services (India) Limited.

Postal Ballot Overview

The company initiated the postal ballot process through a notice dated March 11, 2026, seeking shareholder approval on two critical corporate governance matters. The voting was conducted entirely through electronic means, with the e-voting period commencing on March 18, 2026 at 09:00 A.M. (IST) and concluding on April 16, 2026 at 5:00 P.M. (IST).

Resolution Results

Both resolutions presented to shareholders received overwhelming support, demonstrating strong alignment between management and shareholder interests.

Resolution 1: Director Reappointment

The first resolution sought approval for the re-appointment of Smt. Amarveer Kaur Chadha (DIN:00405962) as Whole-Time Director for a three-year term from June 1, 2026 to May 31, 2029. This ordinary resolution achieved remarkable shareholder support.

Resolution 2: Executive Compensation Approval

The second resolution addressed the approval of executive director compensation exceeding limits specified under Regulation 17(6)(e) of SEBI (LODR) Regulations, 2015. This special resolution also received strong shareholder endorsement.

Shareholder Participation Analysis

The postal ballot witnessed participation from 49 shareholders who cast a total of 410617 votes across both resolutions. The voting pattern shows strong support from both promoter and public shareholder categories.

Key participation metrics:

• Promoter group voting: 1.8630% of outstanding shares
• Public non-institutional voting: 4.1993% of outstanding shares
• Overall voting participation: 2.6069% of total outstanding shares
• Total outstanding shares: 15751000

Regulatory Compliance and Scrutiny

The postal ballot process was conducted in strict compliance with regulatory requirements under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Anjesh Jain & Company, Practicing Company Secretary, served as the appointed scrutinizer for the e-voting process.

The scrutinizer's report confirmed that all procedural requirements were met, including proper notice dissemination, advertisement in newspapers (Free Press English and Choutha Sansar Hindi editions), and transparent vote counting in the presence of independent witnesses Raj Patidar and Ms. Nitika Vyas.

Corporate Governance Implications

The overwhelming approval of both resolutions reflects strong shareholder confidence in Worth Peripherals' leadership and strategic direction. The approval of executive compensation beyond regulatory limits, while requiring special resolution status, demonstrates shareholder recognition of management's value contribution to the company.

Company Secretary Tushar Batham signed the disclosure documents on April 18, 2026, ensuring timely compliance with stock exchange reporting requirements for both NSE (Symbol: WORTHPERI) and BSE (Scrip Code: 544577).

Worth Peripherals Limited has submitted its quarterly compliance certificate to stock exchanges for the fourth quarter ended March 31, 2026, in accordance with SEBI regulatory requirements. The filing demonstrates the company's adherence to depository regulations and provides transparency regarding its shareholding structure.

Regulatory Compliance Certificate

The company filed its certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 on April 7, 2026. This quarterly submission is mandatory for listed companies to report on their demat and physical shareholding status.

Share Holding Status

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, confirmed that Regulation 74(5) is not applicable to Worth Peripherals Limited. The registrar stated that the entire holding of the company's shares are in demat form, indicating complete dematerialisation of securities.

During the quarter ended March 31, 2026, the company received no requests from shareholders for either rematerialisation or dematerialisation of shares. This suggests stable investor preference for digital holdings and efficient depository services.

Stock Exchange Communication

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. Worth Peripherals trades on the National Stock Exchange under the symbol WORTHPERI and on BSE Limited with scrip code 544577.

Company Secretary and Compliance Officer Tushar Batham signed the submission letter, ensuring proper authorization and compliance with corporate governance requirements. The communication requested both exchanges to update their records with the quarterly compliance information.

Corporate Information

Worth Peripherals Limited, incorporated under CIN L67120MP1996PLC010808, maintains its registered office in Indore, Madhya Pradesh. The company's complete dematerialised shareholding structure reflects modern investor preferences and efficient capital market operations.