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 filed its updated investor presentation for February 2026 with BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015. The comprehensive presentation showcases the company's global operations and financial performance across its diversified flow solutions business.

Global Performance Overview

The company reported strong financial metrics for 9M-FY26, demonstrating its position as a global leader in engineered flow solutions. WPIL operates across four key geographical markets with a well-diversified revenue base.

The total revenue for 9M-FY26 reached INR 13,433 Mn, reflecting the company's balanced geographical presence and strong market positioning across multiple continents.

Business Structure and Operations

WPIL operates through two primary divisions - Product and Project - with significant international exposure. The company's international operations generated INR 7,818 Mn in revenue during 9M-FY26, with a strategic focus on higher-margin segments.

The company maintains 12 manufacturing facilities globally, including a captive multi-metallurgy foundry, enabling quality control and cost efficiency. These facilities span over 350,000 square meters of combined floor space, supporting WPIL's global supply chain capabilities.

Order Backlog and Growth Prospects

WPIL maintains a robust order backlog of approximately USD 615 Mn across both product and project segments, providing strong revenue visibility. The international order backlog composition shows a strategic shift toward project-based revenue.

The total international order backlog stands at INR 27,210 Mn, indicating strong future revenue potential and the company's successful expansion into turnkey project execution globally.

Regional Performance Highlights

The presentation detailed performance across all four operational regions. India continues to serve as the manufacturing backbone, while international operations drive margin expansion. South Africa showed particularly strong growth, with revenue increasing from INR 629 Mn in FY22 to INR 3,422 Mn in 9M-FY26, primarily driven by strategic acquisitions in the project execution space.

Italy operations, centered around Gruppo Aturia, maintain premium positioning in engineered flow solutions for oil & gas, water, and industrial applications. Australia operations focus on oil & gas applications with pumps installed in every refinery across Australia and New Zealand.

Strategic Positioning

The investor presentation emphasized WPIL's position as a global leader with over 70 years of heritage in flow solutions. The company serves 48+ countries through its integrated platform of specialized pumps, engineered flow control products, and turnkey water projects. With over 1,500 employees globally and a proven track record of nine successful acquisitions, WPIL continues to strengthen its market leadership through organic growth and strategic expansion initiatives.