The Western India Plywoods logo

The Western India Plywoods MD, chairman, board of directors and AGM

NSE: WIPLConsumer DurablesSmall Cap

Last close ₹153.72down ₹6.28 (3.93%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹160.00.

52-week range of traded prices to 23 Oct 2026
₹133.10Low, 20 Jan 2026₹193.20High, 30 Oct 2025
Market cap
₹130 Cr2,729th largest listed
P/E
Owners' profit not stated
P/B
2.9
Dividend yield
0.65%
ROCE
0.6%
Debt to equity
0.21
Volume, NSE
78876.0% delivered

The Western India Plywoods board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing directorMAYAN MOHAMED P K
  • Company Secretary and Compliance OfficerR BALAKRISHNAN

5 directors2 independent1 executive2 non-executive

  • P I SHEIK PAREETHIndependent · joined Aug 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • MAYAN MOHAMED P K · Managing directorExecutive · joined Jun 2001 · reappointed Sep 2026 · 36 months as independent · 1 listed board · 1 committee seat
  • SREEDEVI PILLAIIndependent · joined Aug 2024 · 60 months as independent · 3 listed boards · 3 as independent · 1 committee seat
  • THIRUVENGADAM PARTHASARATHINon-executive · joined Sep 2020 · reappointed Sep 2026 · 12 months as independent · 3 listed boards · 2 as independent · 3 committee seats
  • BIJU BGNominee, non-executive · joined Feb 2026 · 0 months as independent · 0 listed boards · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • P H KURIAN, left 26 Aug 2026: Others
  • HARIKRISHNAN R, left 5 Feb 2026: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 Aug 20264 of 6 present2 independent

  • Audit Committee

    P I SHEIK PAREETH, SREEDEVI PILLAI, THIRUVENGADAM PARTHASARATHI

    • 12 Aug 20263 of 4 present2 independent

  • Nomination and remuneration committee

    SREEDEVI PILLAI, P H KURIAN

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair P I SHEIK PAREETH

    MAYAN MOHAMED P K, BIJU BG

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    P I SHEIK PAREETH, THIRUVENGADAM PARTHASARATHI

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • SANKAR AND MOORTHYPeer-review certificate valid to Aug 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

The Western India Plywoods AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.The Western India Plywoods dividend history

Annual general meeting, 28 Sep 2026

2,851 shareholders on the register on 21 Sep 2026; present: 0 promoters and 28 others; votes counted by MURALI KANNIYATH / MURALI KANNIYATH CS.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statement for the year ended March 31, 2026
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.20% · promoters 29.30% · institutions 0.00% · other public 11.90%

  2. To receive, consider and adopt the Audited consolidated Financial Statement for the year ended 31st March, 2026
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.20% · promoters 29.30% · institutions 0.00% · other public 11.90%

  3. To declare Dividend of Rs. 1.00/- per equity share of Rs 10/- each for the financial year 2025-2026
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.20% · promoters 29.30% · institutions 0.00% · other public 11.90%

  4. Reappointment of Mr Thiruvengadam Parthasarathi(00016375) who retires by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.20% · promoters 29.30% · institutions 0.00% · other public 11.90%

  5. Reappointment of PK Mayan Mohamed, Manging Director of the Company for a period of 3 years
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.20% · promoters 29.30% · institutions 0.00% · other public 11.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2025, 5 resolutions

2,970 shareholders on the register on 18 Sep 2025; present: 2 promoters and 16 others; votes counted by MURALI KANNIYATH / MURALI KANNIYATH CS.The company's voting result (opens in a new tab)

  1. To receive, Consider and adopt the Audited Standalone Financial statement for the year ended March 31, 2025
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 31.68% · promoters 52.17% · institutions 0.00% · other public 18.38%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial year ended on March 31, 2025
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 31.68% · promoters 52.17% · institutions 0.00% · other public 18.38%

  3. To declare dividend of Rs 1.20/- per equity share of Rs 10 each for the financial year ended March 31, 2025
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 6.86% · promoters 5.29% · institutions 0.00% · other public 18.38%

  4. To reappoint Mr Thiruvengadam Parthasarathi (DIN: 00016375), who retires by rotation and being eligible, offers himself for reappointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 31.68% · promoters 52.17% · institutions 0.00% · other public 18.38%

  5. Appointment of M/s Gopimohan Satheesan and Associates, Practising Company secretaries as Secretarial Auditor of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 31.68% · promoters 52.17% · institutions 0.00% · other public 18.38%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2024, 7 resolutions

Present: 6 promoters and 10 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial results
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

  2. To receive, consider and adopt the Audited Consolidated Financial results
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

  3. To declare dividend of Rs. 1.20/- per equity share of Rs. 10/- each
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

  4. To re-appoint Mr. Thiruvengadam Parthasarathi (DIN: 00016375) who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

  5. To appoint Mr Pullukottayil Habel Kurian (DIN: 00027596) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

  6. To appoint Mr P I Sheik Pareeth (DIN: 02187150) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

  7. To appoint Smt Sreedevi Pillai (DIN: 08944944) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 33.50% · promoters 51.11% · institutions 9.77% · other public 21.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2023, 5 resolutions

Present: 16 promoters and 12 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements: The Audited Balance Sheet as at 31st March, 2023 and the Statement of Profit and Loss, Statement of changes in Equity for the financial year ended on that date together with Cash flow statement, report of the Board of Directors and Auditors thereon and Adoption of Audited Consolidated Financial Statements: The Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023 together with the Auditors Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.64% · promoters 51.40% · institutions 0.00% · other public 13.62%

  2. Declaration of Dividend: To declare Dividend of Rs. 1 (10 % only) per Equity Shares of face value of Rs. 10 for the financial year 2022-23.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.64% · promoters 51.40% · institutions 0.00% · other public 13.62%

  3. Appointment of a Director retiring by rotation: To appoint a director in place of Mr. Thiruvengadam Parthasarathi (DIN: 00016375), who retires by rotation and, being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.64% · promoters 51.40% · institutions 0.00% · other public 13.62%

  4. Reappointment of Shri P K Mayan Mohamed as Managing Director of the Company for a period of Three years with effect from 13-08-2023 with a Managerial remuneration as specified subject to overall limits.MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.64% · promoters 51.40% · institutions 0.00% · other public 13.62%

  5. Re-Appointment of Smt Radha Unni as Independent Non-executive Director of the Company to hold office for one-year wef 29-09-2023
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.64% · promoters 51.40% · institutions 0.00% · other public 13.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2020, 4 resolutions

Present: 4 promoters and 18 others.The company's voting result (opens in a new tab)

  1. Consider and Adopt the Audited Financial Statements, Audited Consolidated Financial Statements, Report of the Board of Directors and Auditors for the year ended 31st March 2020
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 23.80% · promoters 55.54% · institutions 0.00% · other public 2.10%

  2. Consider and re-appoint Shri P K Mayan Mohamed as Managing Director.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 22.97% · promoters 53.52% · institutions 0.00% · other public 2.10%

  3. To consider appointment of Smt Radha Unni as Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 23.80% · promoters 55.54% · institutions 0.00% · other public 2.10%

  4. To consider appointment of Mr. Thiruvengadam Parthasarathi (DIN: 00016375) as Non-Executive Director and retire by rotation.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 23.80% · promoters 55.54% · institutions 0.00% · other public 2.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.