WPIL Limited has successfully completed its postal ballot process for the re-appointment of two directors, with both special resolutions receiving overwhelming shareholder approval through remote e-voting.

Postal Ballot Process Details

The postal ballot was conducted in accordance with Section 110 read with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized the e-voting facility provided by National Securities Depository Limited (NSDL) for the remote voting process.

Resolution 1: Re-appointment of Executive Director

The first special resolution concerned the re-appointment of Mr. Brahma Prakash Khare (DIN: 02288814) as Whole-time Director designated as Executive Director (Operations). His re-appointment is for a period of 3 years, effective from March 1, 2026, through February 28, 2029.

The resolution includes provisions for remuneration payment and acknowledges that Mr. Khare has already attained the age of seventy years as of his appointment date.

Resolution 2: Re-appointment of Independent Director

The second special resolution addressed the re-appointment of Mrs. Samarpita Bose (DIN 09101808) as an Independent Director for a second consecutive term of five years, from March 12, 2026, through March 11, 2031.

Mrs. Bose's current five-year term as Independent Director was scheduled to complete on March 11, 2026, and she has submitted the required declaration of independence under Section 149(6) of the Companies Act, 2013.

Scrutinizer's Confirmation

P. V. Subramanian, Company Secretary in Whole-time Practice, served as the appointed scrutinizer for the postal ballot process. In his report dated March 07, 2026, he confirmed that both special resolutions were passed with the requisite majority. The scrutinizer conducted the process in compliance with the Companies (Management and Administration) Rules, 2014, and unblocked the votes in the presence of two witnesses as prescribed under the regulations.

Corporate Compliance

The company has filed the voting results in XBRL format and submitted the scrutinizer's report to BSE Limited in accordance with regulatory requirements. WPIL Limited, incorporated in 1952 and headquartered in Kolkata, maintains its corporate compliance through its General Manager (Finance) and Company Secretary, U. Chakravarty.

WPIL Limited has successfully completed the relocation of its registered office from Trinity Plaza to Godrej Genesis Building in Salt Lake City, Kolkata. The company disclosed this administrative change under Regulation 30 of SEBI (LODR) Regulations, 2015, providing comprehensive documentation including board resolutions and lease agreements.

Board Resolution and Approval Process

The relocation was formally approved through a Board of Directors meeting held on February 02, 2026, at the company's registered office. Managing Director Prakash Agarwal informed the board that the move was necessitated by the company's growth and requirement for additional office space to enhance operational efficiency.

Office Relocation Details

The company has moved from Trinity Plaza on Topsia Road to a premium location in Salt Lake City. The relocation became effective immediately as communicated through multiple letters dated February 02, 2026, February 23, 2026, and February 27, 2026.

Lease Agreement Terms

WPIL Limited has entered into a Leave and License Agreement with Hindusthan Udyog Limited for the new premises. The agreement provides detailed terms for the office space utilization and rental arrangements.

Updated Contact Information

Along with the address change, WPIL Limited has provided updated contact details for stakeholders and regulatory compliance. The company has also received a No Objection Certificate from the licensor for using the premises as its registered office.

Regulatory Compliance

The announcement was made in accordance with SEBI (LODR) Regulations, 2015, specifically under Regulation 30. The disclosure was communicated to BSE Limited, where the company trades under scrip code 505872. U. Chakravarty, General Manager (Finance), Company Secretary, and Compliance Officer, signed the regulatory communications and has been authorized to complete all necessary filings including E-form INC.22 with the Registrar of Companies.

Source: None/Company/INE765D01022/613df886-e874-464d-bf32-c0acb3efcf57.pdf