EX-99.1 2 d404904dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

June 5, 2017

The Manager – Listing

BSE Limited,

The Manager – Listing

National Stock Exchange of India Ltd.

The Market Operations

New York Stock Exchange

Dear Sir/Madam

Sub: Results of Postal Ballot and e-voting

Further to our letter dated May 4, 2017 and in accordance with the Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed the voting results and Scrutinizer’s Report for the resolutions for increase in the Authorised Share Capital of the Company, consequential amendment to Memorandum of Association and issue of Bonus Shares, as set out in the Postal Ballot Notice dated April 25, 2017. The aforesaid resolutions have been passed through Postal Ballot and e-voting by Members by requisite majority.

Consequent to the approval, the Company’s Authorised Share Capital stands increased from Rs 610 Crores to Rs. 1,126.50 Crores. Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and clause 204.00(B) of NYSE Listed Company Manual a copy of the amended Memorandum and Articles of Association is enclosed.

Thanking You

For WIPRO LIMITED

 

LOGO

M Sanaulla Khan
Company Secretary

ENCL: As above

Registered Office: Wipro Limited, Doddakannelli, Sarjapur Road, Bangalore - 560 035, India.

Tel.: +91-80-2844 0011 | Fax: +91-80-2844 0054 | Website: www.wipro.com | Email: info@wipro.com | CIN No.L32102KA1945PLC020800

POSTAL BALLOT VOTING RESULTS

Disclosure as per Regulation 44(3) of SEBI (Listing Obligations abd Disclosure Requirements) Regulations, 2015

 

Company Name

  

WIPRO LIMITED

Date of the Postal Ballot Notice

   April 25, 2017
Total number of shareholders on record date (April 28, 2017)   2,46,777

Voting -

Start date

End date

  

May 5, 2017

June 3, 2017

No. of shareholders present in the meeting either in person or through proxy:   Not Applicable

Promoters and Promoter Group:

   -

Public:

   -
No. of Shareholders attended the meeting through Video Conferencing:   Not Applicable

Promoters and Promoter Group:

   -

Public:

   -

 

Resolution required: (Ordinary/ Special)   ORDINARY - Increase in Authorized Share Capital and consequent amendment to Memorandum of Association of the Company    
Whether promoter/ promoter group are interested in the agenda/resolution?  

Yes - to the extent of their shareholding

 

  

Category

   Mode of Voting  

No. of shares

held (1)

    

No. of votes

polled (2)

    

% of Votes Polled

on outstanding

shares

(3)=[(2)/(1)]* 100

    

No. of Votes – in

favour (4)

    

No. of Votes –

against (5)

    

% of Votes in

favour on votes

polled

(6)=[(4)/(2)]*100

    

% of Votes

against on votes

poll ed

(7)=[(5)/(2)]*100

        
 

 

  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
  E-Voting     1,78,06,00,607       1,78,06,00,607       100.00       1,78,06,00,607       0       100.00       0.00    
  Poll     —         —         —         —         —         —         —      

Promoter and Promoter Group

   Postal Ballot (if applicable)     —         —         —         —         —         —         —      

Public- Institutions

   E-Voting     38,99,84,687       33,26,00,335       85.29       33,25,03,459       96,876       99.97       0.03    
  Poll     —         —         —         —         —         —         —      
  Postal Ballot (if applicable)     —         —         —         —         —         —         —      
  E-Voting     26,16,52,110       58,23,543       2.23       58,22,582       961       99.98       0.02    
  Poll     —         —         —         —         —         —         —      

Public- Non Institutions

   Postal Ballot (if applicable)     —         3,10,62,432       11.87       3,06,91,401       3,71,031       98.81       1.19    
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
 

Total

     2,43,22,37,404       2,15,00,86,917       88.40       2,14,96,18,049       4,68,868       99.98       0.02    
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
Resolution required: (Ordinary/ Special)  

ORDINARY - Issue of Bonus Shares

 

  
Whether promoter/ promoter group are interested in the agenda/resolution?  

Yes- to the extent of their shareholding

 

  

 

     LOGO

 

Category

  

Mode of Voting

   No. of shares
held (1)		     No. of votes
polled (2)		     % of Votes Polled
on outstanding
shares
(3)=[(2)/(1)]* 100		     No. of Votes – in
favour (4)		     No. of Votes –
against (5)		     % of Votes in
favour on votes
polled
(6)=[(4)/(2)]*100		     % of Votes
against on votes
polled
(7)=[(5)/(2)]*100		    

Promoter and Promoter Group

   E-Voting     1,78,06,00,607       1,78,06,00,607       100.00       1,78,06,00,607       —         100.00       0.00    
  Poll     —         —         —         —         —         —         —      
  Postal Ballot (if applicable)     —         —         —         —         —         —         —      

Public- Institutions

   E-Voting     38,99,84,687       33,26,00,335       85.29       33,26,00,335       —         100.00       0.00    
  Poll     —         —         —         —         —         —         —      
  Postal Ballot (if applicable)     —         —         —         —         —         —         —      

Public- Non Institutions

   E-Voting     26,16,52,110       58,23,960       2.23       58,23,149       811       99.99       0.01    
  Poll     —         —         0.00       —         —         —         —      
  Postal Ballot (if applicable)     —         3,10,58,225       5.40       3,08,59,012       1,99,213       99.36       0.64    
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
 

Total

     2,43,22,37,404       2,15,00,83,127       88.40       2,14,98,83,103       2,00,024       99.99       0.01    
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

LOGO

SCRUTINIZER’S REPORT

June 05, 2017

The Chairman

Wipro Limited

Regd. Office: 177/2C,

Doddakannelli,

Sarjapur Road,

Bangalore- 560035.

Sir,

 

1. The Board of Directors of the company at its meeting held on April 25, 2017 appointed me as a Scrutinizer for scrutinizing the postal ballot voting including e voting process.

 

2. I submit my report as under:

The Company has completed the despatch of postal ballot forms along with postage prepaid business reply envelope on May 04, 2017 by registered post to those members who have not registered their email ids with the Company / RTA and completed the despatch of postal ballot notice by email on May 04, 2017 to those members who have registered their email ids with the Company / RTA.

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The notice of postal ballot (physical) was sent to the members whose name(s) appeared on the Register of Members / list of Beneficial Owners as received from National Securities Depository Limited (NSDL) / Central Depository Services (India) Limited (CDSL) on Friday, April 28, 2017.

 

2.1 Particulars of all the postal ballot forms received from the members and votes cast through electronic means have been entered in the register separately maintained for the purpose.

 

2.2 The postal ballot forms were kept under my safe custody before commencing the scrutiny of such postal ballot forms.

 

2.3 The votes cast through electronic means were finalized / unblocked on June 03, 2017 at 5.10 P.M. The postal ballot forms were scrutinized on June 03, 2017 at Karvy Computershare Private Limited, Hyderabad.

 

2.4 The postal ballot forms and votes cast through electronic means were scrutinized and the shareholding was matched/confirmed with the Register of Members of the company / list of beneficiaries as on Friday, April 28, 2017.

 

2.5 All postal ballot forms and votes cast through electronic means received up to 5.00 PM on June 03, 2017 being the last time and date fixed by the company for receipt of the forms and votes cast through electronic means were considered for my scrutiny.

 

2.6 No envelope containing postal ballot form was received after June 03, 2017 up to the date of this report.

 

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  2.7 2,815 envelopes containing postal ballot forms were returned undelivered up to the date of this report.

 

  2.8 I did not find any defaced or mutilated ballot paper.

 

3. A summary of votes cast through postal ballot and votes cast through electronic means is given in Annexure I.

 

4. I have handed over the postal ballot forms and other related papers / registers and records for safe custody to the Company Secretary.

 

5. You may accordingly declare the result of the voting by Postal Ballot.

Thanking you,

 

For V. Sreedharan & Associates

LOGO   LOGO
(V Sreedharan)  
Partner  
FCS 2347; CP No. 833  
Place   :   Bengaluru
Date   :   June 05, 2017

 

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Annexure I

WIPRO LIMITED

Regd. Office: Doddakannelli, Sarjapur Road, Bangalore- 560035

Summary of votes cast through postal ballot and votes cast through electronic means for the resolution mentioned in the Postal Ballot Notice dated April 25, 2017

 

1) Increase in Authorised Share Capital from Rs.610,00,00,000/- to Rs.1126,50,00,000/- and Consequent amendment to Memorandum of Association of the Company

 

Particulars

   Postal Ballot     E-Voting     Total     % of total paid-
up equity
capital as on
cut-off date
(i.e.
28/04 /2017)
243,22,37,404
Equity Shares)		  
    No. of
members
voted
through
Postal
ballot
forms		     No. of votes
cast (Equity
Shares
of Rs. 2/-
each)		     No. of
member
voted
through
e voting
system		     No. of votes cast
(Equity Shares
of Rs. 2/- each)		     No. of
members
voted
through
Postal
ballot
forms &
through
e voting
system		     No. of votes cast
(Equity Shares
of Rs. 2/- each)		    

(a)     Total postal ballot forms / e votes received

     2,864       5,08,24,700       1,285       212,50,92,521       4,149       217,59,17,221       89.46  

(b)     Less: Invalid postal ballot forms (as per register) (No. of Shares including cases where less votes cast and abstained from voting)

     171       1,97,62,268       21       60,68,036       192       2,58,30,304       1.06  

(c)     Net valid postal ballot forms (as per register)

     *2,693       3,10,62,432       *1,264       211,90,24,485       *3,957       215,00,86,917       88.40  

(d)     Postal ballot forms /e votes with assent for the Resolution as a percentage of net valid shares polled

     2,634       3,06,91,401       1,247       211,89,26,648       3,881       214,96,18,049       99.98  

(e)     Postal ballot forms/e votes with dissent for the Resolution as a percentage of net valid shares polled

     60       3,71,031       22       97,837       82       4,68,868       0.02  

 

* The total of row (d) and (e) for the columns, No. of member voted through postal ballot forms, No. of members voted through e-voting system and Total No. of members voted through Postal ballot forms and through e-voting system are not equal to the row (c) for both said columns as few members have voted both in favour and against.

 

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2) Issue of Bonus Shares

 

Particulars

   Postal Ballot     E-Voting     Total     % of total
paid-up equity
capital as on
cut-off date
(i.e.
28/04/2017)
243,22,37,404
Equity Shares)		  
    No. of
members
voted
through
Postal
ballot
forms		     No. of votes
cast (Equity
Shares
of Rs. 2/-
each)		     No. of
member
voted
through
e voting
system		     No. of votes cast
(Equity Shares
of Rs. 2/- each)		     No. of
members
voted
through
Postal
ballot
forms &
through
e voting
system		     No. of votes cast
(Equity Shares
of Rs. 2/- each)		    

(a)     Total postal ballot forms / e votes received

     2,864       5,08,24,700       1,285       212,50,92,521       4,149       217,59,17,221       89.46  

(b)     Less: Invalid postal ballot forms (as per register) (No. of Shares including cases where less votes cast and abstained from voting)

     305       1,97,66,475       15       60,67,619       320       2,58,34,094       1.06  

(c)     Net valid postal ballot forms (as per register)

     *2,559       3,10,58,225       *1,270       211,90,24,902       *3,829       215,00,83,127       88.40  

(d)     Postal ballot forms /e votes with assent for the Resolution as a percentage of net valid shares polled

     2,519       3,08,59,012       1,262       211,90,24,091       3,781       214,98,83,103       99.99  

(e)     Postal ballot forms/e votes with dissent for the Resolution as a percentage of net valid shares polled

     41       1,99,213       10       811       51       2,00,024       0.01  

 

* The total of row (d) and (e) for the columns, No. of member voted through postal ballot forms, No. of members voted through e-voting system and Total No. of members voted through Postal ballot forms and through e-voting system are not equal to the row (c) for both said columns as few members have voted both in favour and against.

 

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