Wanbury Limited Announces 38th AGM on Sep 24, 2026, to Discuss Annual Report & Director Re-appointment
Wanbury Limited will hold its 38th AGM on September 24, 2026, via VC/OAVM. Key agenda items include adopting the FY26 annual report, re-appointing director Mr. K. Chandran, and ratifying cost auditor M/s. ABK & Associates' remuneration of ₹4 Lakhs for FY27. The re-appointment of Mr. Mohan Kumar Rayana as Whole-time Director for five years from August 21, 2026, will also be discussed.
The AGM is a crucial event for shareholder engagement and decision-making regarding director appointments and financial reporting. The re-appointment of a Whole-time Director with specific remuneration considerations has a moderate impact on corporate governance and operational continuity.
The announcement is a routine corporate event (AGM) with standard agenda items like financial statement adoption and director re-appointments. There are no significant new financial results or strategic shifts mentioned that would strongly influence sentiment.
Wanbury Limited has announced that its 38th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 11:30 AM. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
During the AGM, the audited financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors, will be presented for consideration and adoption. Additionally, the shareholders will vote on the re-appointment of Mr. K. Chandran, who retires by rotation. Special business includes ratifying the remuneration of M/s. ABK & Associates as Cost Auditors for the financial year 2026-2027, amounting to ₹4,00,000 per annum plus expenses.
Furthermore, the re-appointment of Mr. Mohan Kumar Rayana as Whole-time Director for a period of five years commencing August 21, 2026, up to August 20, 2031, will be considered. This includes his continuation beyond the age of 70 years, with remuneration terms that may exceed ₹5 crore or 2.5% of net profits, subject to member approval.
The Annual Report for the financial year 2025-26, containing the Notice of AGM, has been submitted and is available on the company's website, www.wanbury.com.
A plain-language summary of a public exchange filing by Wanbury Limited. Read the original for the full detail.