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Table of Contents
The Western India Plywoods Limited corporate action announcement provides critical updates on the company’s upcoming 81st Annual General Meeting (AGM), dividend declaration, and e-voting procedures for FY 2025-26. The company has fixed 28 September 2026 as the date for the AGM, which will be conducted via video conferencing or other audio visual means. This announcement also outlines the record date for dividend payment and the e-voting window for shareholders.
The Western India Plywoods Limited corporate action: Key Highlights
The company has declared a dividend of 10% (Rs. 1.00 per equity share of Rs. 10 each) for the financial year 2025-26, as recommended by the Board of Directors. The dividend will be paid to shareholders whose names appear on the Register of Members as of closing hours on 21 September 2026. For electronically held shares, the dividend will be calculated based on beneficial ownership as per NSDL and CDSL records on the same date.
AGM Schedule and Record Date Details
The 81st AGM of The Western India Plywoods Limited will take place on Monday, 28 September 2026, at 11:00 AM through video conferencing or other audio visual means. The company has closed its Register of Members and Share Transfer Books from 22 September 2026 to 28 September 2026 inclusive to facilitate the AGM and dividend payment process for FY 2025-26.
The record date for dividend entitlement is set at 21 September 2026, which is the closing hour of the day. This date determines who will receive the dividend for the financial year 2025-26. Shareholders holding shares in electronic form will have their entitlement determined based on the beneficial ownership records from NSDL and CDSL as of this date.
Dividend Declaration and Payment Terms
The dividend of 10% (Rs. 1.00 per equity share) for FY 2025-26 has been declared by the Board of Directors. This represents a fixed dividend rate for the financial year ending March 2026. The company has specified that the dividend will be paid to shareholders whose names are on the Register of Members as of 21 September 2026.
The dividend payment mechanism is designed to accommodate both physical and electronic shareholding structures. For physical shares, the payment will be processed through the company’s share transfer books. For electronic shares, the payment will be made based on the beneficial ownership details maintained by NSDL and CDSL on the record date.
E-Voting Period and Procedure
The company has established a remote e-voting period from Friday, 25 September 2026, at 9:00 AM to Sunday, 27 September 2026, at 5:00 PM. This window allows shareholders to cast their votes electronically through CDSL’s e-voting services for the 81st AGM.
As per the Companies Act, 2013 and relevant SEBI regulations, the company has fixed 21 September 2026 as the cut-off date for determining shareholder entitlement for e-voting. This ensures that shareholders who are registered on this date can participate in the voting process for all resolutions at the AGM.
Corporate Action Compliance and Regulatory Framework
The company has adhered to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management & Administration) Rules, 2014 (as amended), and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These provisions ensure compliance with the legal framework for corporate actions and shareholder communications.
The e-voting arrangement is implemented through CDSL, which provides the necessary infrastructure for electronic voting. This approach aligns with the company’s commitment to transparency and efficient shareholder engagement as mandated by regulatory requirements.
Shareholder Communication and Record Keeping
The company has maintained a clear communication channel with shareholders through its official listing department at the National Stock Exchange of India Limited. The record date for dividend payment and the AGM schedule have been communicated to shareholders to ensure timely participation in the corporate action process.
The company’s address for shareholder inquiries is Baliapatam, Cannanore – 670 010, with contact details including telephone number 0497 2778151 and email addresses westernply@gmail.com and mail@wipltd.in. These channels are available for shareholders to seek clarification on the corporate action details.
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Official Filing Source
Readers can review the official NSE filing for The Western India Plywoods Limited corporate action for the complete company disclosure.
Source: Company filing submitted to the National Stock Exchange of India (NSE).
This article is for informational purposes only and is not investment advice.