AWL Agri Business Limited Shareholders Approve All 11 Resolutions in Postal Ballot Process

2 min read | Published on 20 Jan 2026, 06:47 PM |Updated on 20 Jan 2026, 06:47 PM

Reviewed by

Naman SScanX News Team

Key Highlights

AWL Agri Business Limited completed its postal ballot process on January 20, 2026, with shareholders approving all 11 resolutions including key leadership appointments. Shrikant Kanhere was appointed as Managing Director & CEO, and Saumin Sheth as Executive Director & COO, both receiving over 99% approval. The e-voting process achieved 83.17% participation, demonstrating strong shareholder confidence in the company's strategic direction and governance framework.

*this image is generated using AI for illustrative purposes only.

AWL Agri Business Limited (formerly Adani Wilmar Limited) has successfully concluded its postal ballot process with shareholders approving all 11 proposed resolutions. The company announced the results on January 20, 2026, following the completion of e-voting that concluded on January 16, 2026.

Voting Process and Participation

The postal ballot process was conducted entirely through electronic voting via Central Depository Services (India) Limited. The e-voting period commenced on December 18, 2025, at 9:00 AM IST and concluded on January 16, 2026, at 5:00 PM IST. The process was overseen by scrutinizer Raimeen Maradiya, a practicing company secretary from Chirag Shah & Associates.

Parameter:	Details
Total Shareholders on Record:	9,66,627
Shares Participating:	1,080,950,538
Participation Rate:	83.17%
Postal Ballot Notice Date:	November 24, 2025

Key Leadership Appointments

The most significant resolutions involved critical leadership appointments that received overwhelming shareholder support:

Executive Appointments:

Shrikant Kanhere (DIN: 07185218) was appointed as Director with 99.75% approval and as Managing Director & CEO with 99.64% approval
Saumin Sheth (DIN: 03586740) was appointed as Director with 99.75% approval and as Executive Director & COO with 99.62% approval

Resolution:	Votes in Favour	Approval Rate
Kanhere as Director:	1,078,156,645	99.75%
Kanhere as MD & CEO:	1,076,955,119	99.64%
Sheth as Director:	1,078,153,559	99.75%
Sheth as Executive Director & COO:	1,076,765,139	99.62%

Independent Director Re-appointments

Shareholders also approved the re-appointment of several independent directors, along with provisions for continuation beyond age 75:

Independent Director Approvals:

Dorab E. Mistry (DIN: 07245114): Re-appointed with 94.92% approval; continuation beyond 75 years approved with 95.18%
Madhu Ramachandra Rao (DIN: 02683483): Re-appointed with 95.11% approval; continuation beyond 75 years approved with 95.18%
Dipali Sheth (DIN: 07556685): Re-appointed with 99.61% approval
Dr. Anup P. Shah (DIN: 00293207): Re-appointed with 99.92% approval

Corporate Governance Enhancement

The final resolution involved the adoption of amended Articles of Association, which received near-unanimous approval at 100.00%. This resolution garnered 1,080,836,792 votes in favour with minimal dissent of just 33,450 votes.

Voting Pattern Analysis

The voting results demonstrated strong confidence across all shareholder categories:

Shareholder Category:	Participation Rate	Typical Approval Rate
Promoter and Promoter Group:	100.00%	100.00%
Public Institutions:	84.68%	98%+
Public Non-Institutions:	3.02%	97%+

All resolutions were passed as either ordinary or special resolutions based on their nature, with the company maintaining compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The successful completion of this postal ballot process positions AWL Agri Business Limited for its next phase of growth under new leadership while maintaining strong governance standards.

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