Williamson Magor & Co. Limited has issued a comprehensive postal ballot notice to its shareholders, seeking approval for the appointment of two new directors to strengthen its board composition. The notice, dated February 12, 2026, outlines the company's proposal to formalize the appointments of directors who were initially brought on board as additional directors.

Director Appointments Under Consideration

The postal ballot focuses on two key appointments that require shareholder approval:

Both directors were initially appointed as additional directors by the Board of Directors following recommendations from the Nomination and Remuneration Committee on January 27, 2026. The appointments were made in accordance with Section 161(1) of the Companies Act, 2013.

E-Voting Timeline and Process

The company has established a comprehensive timeline for the postal ballot process, conducted entirely through electronic voting:

Shareholders whose email addresses are registered with the company, depositories, or the registrar and transfer agent as of the cut-off date will receive the postal ballot notice electronically. The company has emphasized that no physical copies of the notice will be distributed.

Director Profiles and Qualifications

The explanatory statement provides detailed information about both proposed directors:

Mr Dillip Kumar Parida brings over twenty years of experience in accounts and taxation departments, having worked with reputed organizations including DGM Vigilance & Maintenance Services Pvt. Ltd. and Jaguar Securities. Born on June 3, 1975, he holds a Higher Secondary Commerce qualification and currently serves as a director of Babcock Borsig Limited.

Mr Javed Hossain, born on December 19, 1972, possesses more than twenty-five years of experience in accounts and administration departments. He has worked with organizations such as Seajuli Developers & Finance Ltd. and DGM Vigilance & Maintenance Services Pvt. Ltd., and also serves as a director of Babcock Borsig Limited.

Regulatory Compliance and Governance

The postal ballot process adheres to multiple regulatory frameworks:

• Companies Act, 2013: Sections 108, 110, and 161
• SEBI Listing Regulations: Regulation 30 and 44
• MCA Circulars: Various circulars from 2020 to 2025
• Secretarial Standards: SS-2 on General Meetings

The company has notified BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited about the postal ballot process. Results will be made available on the company's website ( www.wmttea.com ), NSDL's platform ( www.evoting.nsdl.com ), and the respective stock exchange websites.

Shareholder Participation Guidelines

Voting rights will be proportionate to shareholders' equity holdings as of the cut-off date. The company has provided comprehensive instructions for e-voting through various channels, including demat accounts with NSDL and CDSL, and direct access through the NSDL e-voting platform. Institutional shareholders are required to submit relevant board resolutions and authority letters to participate in the voting process.

Both resolutions are proposed as ordinary resolutions, and if approved by the requisite majority, will be deemed passed on April 10, 2026, the last date for e-voting.

Williamson Magor & Co. Limited has announced significant changes to its Board of Directors with the resignation of two Non-Executive & Non-Independent Directors. The company informed stock exchanges about these departures through official communications dated January 28, 2026, in compliance with regulatory requirements.

Director Resignations

The company received resignation letters from both directors on January 27, 2026, with the resignations taking effect from January 28, 2026. The departing directors have cited personal reasons for their decision to step down from their positions.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sk Javed Akhtar signed the official communications to all relevant stock exchanges, ensuring proper documentation of the board changes.

Stock Exchange Notifications

Williamson Magor & Co. Limited has notified the following stock exchanges about the resignations:

• BSE Limited: Scrip Code 519224
• National Stock Exchange of India Limited: Scrip Code WILLAMAGOR
• The Calcutta Stock Exchange Limited: Scrip Code 33013

Director Confirmations

Both departing directors have confirmed in their resignation letters that there are no material reasons for their resignation other than the personal circumstances mentioned. Mrs. Sarkar expressed appreciation for the opportunity to serve on the Board and acknowledged positive experiences during her tenure. The directors have requested the company to complete necessary formalities with the Registrar of Companies.

Company Information

Williamson Magor & Co. Limited operates with Corporate Identity Number L01132WB1949PLC017715 and maintains its registered office at Four Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata. The company continues its operations with the remaining Board members following these resignations.