D.P. Wires Limited held its Extra-Ordinary General Meeting (EGM) on March 20, 2025, where important resolutions were discussed and voted upon. The company has now disclosed the results of the voting process, which were conducted through both remote e-voting and physical ballots (Poll) during the meeting. The resolutions included a proposal to approve material related party transactions with Kataria Plastics Private Limited for the financial year 2025-26 and the reappointment of Mr. Arvind Kataria as the Whole Time Director of the company for a second term of five consecutive years.

The company utilized the services of Central Depository Services Limited (CDSL) for the remote e-voting platform, which was open for shareholders from March 17, 2025, to March 19, 2025. Shareholders were also allowed to cast votes via physical ballot during the EGM, particularly for those who had not cast their votes through the remote voting system.

Voting Results:

1. Resolution 1: Approval of Related Party Transaction(s)

   • The first resolution, concerning the approval of related party transactions with Kataria Plastics Private Limited for the financial year 2025-26, was passed with unanimous support.

   • The voting breakdown shows that all 42 members (both via remote e-voting and physical ballots) voted in favor of the resolution, resulting in a 100% approval rate.

2. Resolution 2: Reappointment of Mr. Arvind Kataria

   • The second resolution, which proposed the reappointment of Mr. Arvind Kataria as the Whole Time Director for a second term, was also passed with unanimous support.

   • Again, all 42 members voted in favor, with no dissenting votes or abstentions, resulting in 100% approval.

Detailed Voting Breakdown:

• Remote E-Voting: The voting platform saw participation from 16 members, casting 7,921 votes, all in favor of both resolutions.

• Physical Ballots: During the EGM, 26 members cast their votes through physical ballots, with a total of 16,161 votes, all of which supported the resolutions.

Conclusion:

Both resolutions presented at the EGM were passed with overwhelming support from shareholders. The total votes in favor amounted to 24,082 votes, representing 100% of the valid votes cast, while there were no dissenting votes or invalid ballots.

The voting data and relevant records from the EGM are under the custody of the company’s secretary for safekeeping, and the minutes of the meeting will be finalized once approved by the Chairman.

In summary, the resolutions relating to related party transactions and the reappointment of Mr. Arvind Kataria were successfully approved, ensuring the smooth continuation of the company's governance and business operations for the upcoming term.

For further details, shareholders and stakeholders can contact the company secretary, Krutika Maheshwari, for any additional queries.

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