Williamson Financial Services Seeks Shareholder Approval for Director Appointment via Postal Ballot

Williamson Financial Services Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mrs. Jacqueline Audrey Monnier as a Non-Executive & Non-Independent Director. The company, which operates in the financial services sector, is taking this step to comply with regulatory requirements and strengthen its board composition.

Key Details of the Appointment

Mrs. Jacqueline Audrey Monnier, aged 63, was appointed as an Additional Director by the Board of Directors of Williamson Financial Services with effect from May 27, 2025. Her appointment requires shareholder approval within three months, as per listing regulations. Mrs. Monnier holds the Director Identification Number (DIN) 09497868 and brings with her a wealth of experience in the corporate sector.

Professional Background

Mrs. Monnier has an impressive 35 years of experience with the Williamson Magor Group, including significant involvement in the Tea Division. Her educational background includes:

• Schooling from Loreto Convent Entally
• Completion of the Pitman's Commercial Course (London)

Before joining the Williamson Magor Group in May 1990, she worked in the Accounts Department for the Financial Controller at the Oberoi Grand.

Voting Process and Timeline

The e-voting period for this postal ballot will run from July 24, 2025 (9:00 AM IST) to August 22, 2025 (5:00 PM IST). Shareholders who are eligible to vote as of the cut-off date of July 18, 2025, can participate in this process. The National Securities Depository Limited (NSDL) will provide the remote e-voting facility for this purpose.

Scrutinizer Appointment

To ensure a fair and transparent voting process, the company has appointed Mr. Atul Kumar Labh, a Practicing Company Secretary, as the Scrutinizer for the postal ballot process.

Result Announcement

The results of the postal ballot will be announced by August 26, 2025. These results, along with the Scrutinizer's report, will be made available on:

• The company's website
• The NSDL website
• The BSE Limited website, where the company's shares are listed

Board's Recommendation

The Board of Directors of Williamson Financial Services Limited has recommended the appointment of Mrs. Monnier, citing her appropriate skills, experience, and knowledge that would benefit the company. They believe her association as a Board member would be in the interest of the company.

This move by Williamson Financial Services to appoint Mrs. Jacqueline Audrey Monnier reflects the company's commitment to enhancing its board diversity and leveraging experienced professionals to guide its business strategies. Shareholders now have the opportunity to participate in this important corporate decision through the e-voting process.