Walchandnagar Industries Ltd

This is to inform that the Board of Directors in their meeting held on Thursday May 25 2023 decided to seek the consent of the Members of the Company by way of Special Resolution through Postal Ballot process to consider and approve -1. Re-appointment of Mr. Chirag C. Doshi as Managing Director & Chief Executive Officer of the Company for a period of 3 years w.e.f. April 01 2023 and to approve his remuneration.2. Continuous appointment of Mr. Chakor L. Doshi Chairman of the company as a Director in the company after completion of 75 years of age.The Board of Directors have also appointed Mr. V. N. Deodhar Practising Company Secretary who has given his consent to act as the scrutinizer for conducting postal ballot process.The calendar of events for the proposed postal ballot process is attached for your reference.We request you to take the same on record.