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WPIL MD, chairman, board of directors and AGM

NSE: WPILBSE: 505872Industrial ProductsSmall Cap

Last close ₹398.50down ₹14.45 (3.50%)BSE ₹398.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹412.95.

52-week range of BSE trades to 23 Oct 2026
₹342.30Low, 27 Jan 2026₹509.80High, 25 Jun 2026
Market cap
₹3,892 Cr850th largest listed
P/E
22.9
P/B
2.4
Dividend yield
0.50%
ROE
11.5%
ROCE
12.4%
Debt to equity
0.24
Volume, NSE
37,54463.3% delivered

WPIL 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

  • ChairpersonAshok Kumar Pradhan
  • Managing directorPrakash Agarwal
  • Company Secretary and Compliance OfficerUdayaditya Chakravarty

8 directors4 independent4 executive

  • Ashok Kumar Pradhan · ChairpersonIndependent · joined Oct 2022 · reappointed Oct 2022 · 47 months as independent · 2 listed boards · 1 as independent · 1 committee seat
  • Prakash Agarwal · Managing directorExecutive · joined Jun 2000 · reappointed Nov 2025 · 11 months as independent · 3 listed boards · 1 committee seat
  • K.K.GaneriwalaExecutive · joined Feb 2002 · reappointed Nov 2025 · 11 months as independent · 1 listed board · 2 committee seats
  • Anjan DasguptaIndependent · joined Aug 2018 · reappointed Aug 2023 · 37 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Rakesh AmolIndependent · joined Aug 2019 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent
  • Samarpita BoseIndependent · joined Mar 2021 · reappointed Mar 2026 · 6 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Brahma Prakash KhareExecutive · joined Mar 2023 · reappointed Mar 2026 · 7 months as independent · 1 listed board
  • Debraj RoyExecutive · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board

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.

Committees and meetings

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

  • Board

    • 24 Jul 20268 of 8 present4 independent · 65 days in between
    • 19 May 20268 of 8 present4 independent

  • Audit Committee

    Chair Anjan Dasgupta

    Ashok Kumar Pradhan, Samarpita Bose, K.K.Ganeriwala

    • 28 Sep 20263 of 3 present1 independent · 44 days in between
    • 24 Jul 20264 of 4 present3 independent · 65 days in between
    • 19 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Anjan Dasgupta

    Samarpita Bose, Ashok Kumar Pradhan

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Samarpita Bose

    Prakash Agarwal, K.K.Ganeriwala

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Prakash Agarwal

    Samarpita Bose, K.K.Ganeriwala

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Anjan Dasgupta

    Prakash Agarwal, K.K.Ganeriwala

    No meeting listed in the filing.

  • Share Transmission & issue of Duplicate share Committee

    Chair Samarpita Bose

    Prakash Agarwal, K.K.Ganeriwala

    No meeting listed in the filing.

  • Share Transmission & issue

    • 14 Aug 20263 of 3 present1 independent · 141 days in between
    • 25 Mar 20263 of 3 present1 independent

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 Mar 2026.

  • Salarpuria & Partners, Chartered AccountantsPeer-review certificate valid to Aug 2028
1 earlier auditor
  • Salarpuria & PartnersNamed in the filing for the quarter to Mar 2025

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.

WPIL 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.WPIL dividend history

Annual general meeting, 7 Aug 2026

25,455 shareholders on the register on 31 Jul 2026; present: 9 promoters and 56 others; votes counted by P.V.Subramanian / P.V.Subramanian.The company's voting result (opens in a new tab)

  1. To Consider & Adopt Audited Financial Statements (both Standalone & Consolidated) for the financial year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 78.85% · promoters 99.71% · institutions 98.05% · other public 0.10%

  2. To declare Dividend of Rs 2/ on each Equity Shares of face value of Rs.1/- for the financial year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 78.85% · promoters 99.71% · institutions 98.05% · other public 0.10%

  3. To appoint a Director in place of Mr. K.K.Ganeriwala (DIN 00408722) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.26%

    Turnout: all 78.85% · promoters 99.71% · institutions 98.05% · other public 0.10%

  4. To appoint a Director in place of Mr. Debraj Roy (DIN 10492039) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.32% · other public 3.26%

    Turnout: all 78.85% · promoters 99.71% · institutions 98.05% · other public 0.10%

  5. To Ratify Remuneration payable to Messers. D. Radhakrishnan & Co. Cost Accountants (Firm Registration Number 000018) for financial year 2025-2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.92%

    Turnout: all 78.85% · promoters 99.71% · institutions 98.05% · other public 0.10%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 6 Mar 2026, 2 fund houses

  • Re-appointment of Mr. Brahma Prakash Khare (DIN: 02288814) as Whole-time Director designated as Executive Director (Operations) of the Company for a further period of 3 years with effect from March 1, 2026 through February 28, 2029, liable to retire by rotation and payment of remuneration.MoreLess
    2 for0 against
  • Re-appointment of Mrs. Samarpita Bose (DIN: 09101808) as Independent Director for a period of further five years with effect from March 12, 2026 through March 11, 2031 and whose office shall not be liable to retire by rotation.MoreLess
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
    • Kotak Mahindra Mutual FundMs. Samarpita Bose, 60, holds a master s degree in arts and a bachelor s degree in education. She has been associated with the company since 25 August 2021. She has attended all five (100%) board meetings held in FY25. The company has stated that she has experience in administration and corporate management. The company has not provided her performance evaluation for the first term, or her committee memberships and chairpersonships, which are relevant for assessing her role, responsibilities, and effectiveness on the Board and also any disclosures on her work experience and its relevance to the board. Given the lack of clarity, we do not support the resolution.
    • Motilal Oswal Mutual FundNo concern on the merits of proposed appointee. Non-Compliant with Schedule IV of the Companies Act, 2013: Assurance statement of independence by Board not disclosed in the explanatory statement.
    0 for2 against

Mutual fund votes, meeting of 28 Jan 2026, 2 fund houses

  • Alteration of Existing Clause 3 dealing with Authorized Share Capital of the Articles of Association on account of reclassification and increase of Equity Shares of the Company.
    2 for0 against
  • Alteration of Existing Clause 5 dealing with Authorized Share Capital of the Memorandum of Association on account of reclassification and increase of Equity Shares of the Company.
    2 for0 against
  • Re-appointment of Mr. K. K. Ganeriwala (DIN: 00408722) as Whole-time Director designated as Executive Director of the Company for a further period of 3 years with effect from November 1, 2025 through October 31, 2028, liable to retire by rotation and payment of remuneration.MoreLess
    2 for0 against
  • Re-appointment of Mr. Prakash Agarwal (DIN: 00249468) as Managing Director of the Company for a further period of 3 years with effect from November 1, 2025 through October 31, 2028, liable to retire by rotation and payment of remuneration.MoreLess
    2 for0 against
  • To cancel 14000 11% unissued Redeemable cumulative Preference shares of face value of Rs. 100/- each and thereby increase authorized Share Capital by the corresponding amount of cancellation through conversion into 14,00,000 unissued Equity shares of face value of Rs. 1/- each.MoreLess
    2 for0 against
  • To increase authorized Share Capital (after conversion into 14,00,000 unissued Equity shares of face value of Rs. 1/- each by cancellation of 14000 11% unissued Redeemable cumulative Preference shares of face value Rs. 100/- each) from Rs. 10,50,00,000/- divided into 10,50,00,000 Equity Shares of face value of Rs. 1/- each (after conversion/reclassification) to Rs. 12,00,00,000/- divided into 12,00,00,000 Equity Shares of face value of Rs. 1/- each by the creation of additional 1,50,00,000 unissued Equity shares of face value of Rs. 1/- each.MoreLess
    2 for0 against
6 earlier meetings

Mutual fund votes, meeting of 8 Aug 2025, 2 fund houses

  • Ratification of remuneration of Rs. 1,00,000/- plus applicable GST (Goods and Service Tax) and out of pocket expenses payable to Messers. D. Radhakrishnan and Co. Cost Accountants (Firm Registration No. 000018) to conduct the audit of Cost records maintained by the Company in respect of other machinery for the financial year ended 31st March, 2025.MoreLess
    2 for0 against
  • Re-appointment of M/s Salarpuria and Partners, Chartered Accountants (ICAI Firm Registration No.302113E) as the Statutory Auditors for an initial term of consecutive five years commencing from the Company’s financial year 2020-2021 to hold office from the conclusion of the 66th Annual General Meeting till the conclusion of the 71st Annual General Meeting of the financial year 2024-2025 as the Statutory Auditors for a further term of five consecutive years commencing from the Company’s financial year 2025-2026 to 2029-2030 to hold office from the conclusion of the 71st Annual General Meeting till the conclusion of the 76th Annual General Meeting to be held in 2030 on such remuneration plus applicable taxes, out of pocket expenses etc. as may be mutually agreed upon by the Board of Directors and the Statutory Auditors.MoreLess
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
    • Kotak Mahindra Mutual FundSalarpuria & Partners will complete their first term of five years at the conclusion of the 2025 AGM. The company now proposes to reappoint them for a second term of five years, commencing from the conclusion of the 2025 AGM on such remuneration as may be mutually agreed between the Board of Directors and the Statutory Auditors. The auditors were paid Rs. 3.1 mn as audit fees in FY25 and FY24. The company has not disclosed the proposed remuneration for Salarpuria & Partners as statutory auditors, which is a regulatory requirement. Hence, we do not support the resolution.
    • Motilal Oswal Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Basis of recommendation of appointment/ Credentials and Proposed audit fee payable to Statutory Auditors not disclosed.
    0 for2 against
  • To appoint a Director in place of Mr. Brahma Prakash Khare (DIN 02288814) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    2 for0 against
  • To appoint a Director in place of Mr. Prakash Agarwal (DIN 00249468) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    2 for0 against
  • To appoint M/s Rinku Gupta and Associates, (Firm Registration Number S2011WB155900) Peer Reviewed Company Secretary, (Peer Review No. 1385/2021), in whole-time practice as the Secretarial Auditor for a term of five consecutive years commencing from the Company’s financial year 2025-2026 till Company’s financial year 2029-2030 on such remuneration plus applicable taxes, out of pocket expenses etc. as may be mutually agreed upon by the Board of Directors and the Secretarial Auditor.MoreLess
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
    • Kotak Mahindra Mutual FundThe company proposes to appoint Rinku Gupta & Associates as secretarial auditors for five years from FY26 to FY30, on payment of such remuneration as may be mutually agreed between the Board of Directors and the Secretarial Auditors. The company has not disclosed the proposed remuneration for Rinku Gupta & Associates as secretarial auditors, which is a regulatory requirement. Hence, we do not support the resolution.
    • Motilal Oswal Mutual FundNo concern on the merits of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee payable to Secretarial Auditors not disclosed.
    0 for2 against
  • To declare Dividend of Rs 2/- on each Equity Shares of face value of Rs.1/- for the financial year ended March 31, 2025.
    2 for0 against
  • To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31,2025, together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31,2025, together with the Report of the Auditors thereon.MoreLess
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundUnqualified financial statements (except non-material observations in CARO). Non-Compliant with Companies Act, 2013 and Regulation 46(2)(s) of SEBI LODR: Non-disclosure of financial statements of Subsidiaries on the website of the Company.
    1 for1 against

Mutual fund votes, meeting of 9 Aug 2024, 1 fund house

  • a. To confirm Interim dividend declared by the Board of Directors @ Rs. 20/- on each Equity shares of face value of Rs. 10/- fully paid up for the financial year 2023 - 2024. b. To declare Final Dividend of Rs. 20/- on each Equity Shares of face value of Rs. 10/- for the financial year ended March 31, 2024, so however, if the face value of the Equity Share is reduced, then the dividend to be declared shall also be reduced proportionately to the reduction of face value of Equity Share.MoreLess
    1 for0 against
  • Ratification of remuneration of Rs. 1,00,000/- plus applicable GST (Goods and Service Tax) and out of pocket expenses payable to Messers. D. Radhakrishnan and Co. Cost Accountants to conduct the audit of Cost records maintained by the Company in respect of other machinery for the financial year ended 31st March, 2024.MoreLess
    1 for0 against
  • To appoint a Director in place of Mr. K. K. Ganeriwala (DIN 00408722) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    1 for0 against
  • To re-appointment of Mr. Rakesh Amol (DIN 01374484) as Independent Director for a period of further five years from the conclusion Seventieth Annual General Meeting of the Company to the Conclusion of Seventy Fifth Annual General Meeting of the Company and whose office shall not be liable to retire by rotation.MoreLess
    Against Kotak Mahindra Mutual Fund
    • Kotak Mahindra Mutual FundNo concern has been identified with the merit of the director. However, Rakesh Amol was appointed on the board as Additional Director on 25 March 2019 and as Independent Director from the conclusion of the 2019 AGM (held on 9 August 2019). Although the company considers his tenure as Independent Director from 9 August 2019, we consider his tenure from the time he joined the board; accordingly, during the proposed tenure, his association with the company will exceed 10 years. We do not support (re)appointment of independent directors if their aggregate tenure with the company or the group exceeds 10 years anytime during the proposed tenure as we believe this is not in line with the spirit of the regulation.
    0 for1 against
  • To receive, consider and adopt : a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereon.MoreLess
    1 for0 against

Mutual fund votes, meeting of 30 Jun 2024, 1 fund house

  • Alteration of the Capital Clause of the Articles of Association on account of Split/ Sub-division of Equity Shares of the Company.
    1 for0 against
  • Alteration of the Capital Clause of the Memorandum of Association on account of Split/ Sub-division of Equity Shares of the Company.
    1 for0 against
  • Sub-division of 1 (One) fully paid-up Equity Share of the Company having face value of Rs. 10/- (Rupees Ten) each, into 10 (Ten) fully paid-up Equity Shares, having face value of Rs. 1/- (Rupees one) each, with effect from the Record Date to be determined by the Board of Directors for this purpose.MoreLess
    1 for0 against

Mutual fund votes, meeting of 9 May 2024, 1 fund house

  • Appointment of Mr. Debraj Roy (DIN: 10492039) as Whole-time Director designated as Executive Director (Project) of the Company for a period of 3 years with effect from April 1, 2024 through March 31, 2027, liable to retire by rotation and payment of remuneration.MoreLess
    1 for0 against

Mutual fund votes, meeting of 21 Dec 2023, 1 fund house

  • Alteration of the Object Clause of the Memorandum of Association of the Company.
    1 for0 against

Mutual fund votes, meeting of 4 Aug 2023, 1 fund house

  • Ratification of Remuneration of Rs.95,000/-plus applicable GST (Goods and Service Tax) and out of pocket expenses payable to Messers. D. Radhakrishnan & Co., Cost Accountants (Firm Registration Number 000018) to conduct the audit of Cost records maintained by the Company in respect of ‘other machinery’ for the financial year ended 31st March, 2023.MoreLess
    1 for0 against
  • Re-appointment of Mr. Anjan Dasgupta (DIN 08064739) as Independent Director for a period of further five years from the conclusion Sixty Ninth Annual General Meeting of the Company to the Conclusion of Seventy Fourth Annual General Meeting of the Company and whose office shall not be liable to retire by rotation.MoreLess
    Against Kotak Mahindra Mutual Fund
    • Kotak Mahindra Mutual FundAnjan Dasgupta, 69 has over three decades of experience in Mega-Projects & Project Administration, Execution and Management, both in Domestic & International Markets, apart from versatile experience and expertise in Contract/ Commercial Management. He was already appointed as an Independent Director in 2018 for 5 years. The re-appointment will increase his tenure as an Independent Director for 11 years. The proposed term is from 2023 AGM to 2028 AGM with no proper term date mentioned hence non-compliant with law. Further, we believe that the length of tenure is inversely proportionate to the independence of a director.
    0 for1 against
  • To appoint a Director in place of Mr. Prakash Agarwal (DIN 00249468) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    1 for0 against
  • To declare Dividend on Equity Shares of the Company for the financial year ended March 31, 2023.
    1 for0 against
  • To receive, consider and adopt: a. the Audited Financial Statements of the Company for the financial year ended March 31,2023, together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31,2023, together with the Report of the Auditors thereon.MoreLess
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

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
Yes
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.