EX-99.1 2 d507012dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

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June 2, 2023

The Manager – Listing

BSE Limited

(BSE: 507685)

The Manager – Listing

National Stock Exchange of India Limited

(NSE: WIPRO)

The Market Operations,

NYSE, New York

(NYSE: WIT)

Dear Madam/Sir,

Sub: Results of Postal Ballot by remote e-voting process

Further to our letter dated May 2, 2023 and in accordance with the Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the voting result and Scrutinizer’s Report for the special resolution relating to approval for Buyback of Equity Shares as set out in the notice of postal ballot dated April 27, 2023.

The aforesaid resolution has been passed by shareholders through postal ballot by remote e-voting process with requisite majority.

Thanking You

 

For WIPRO LIMITED

 

SANAULLA

 

KHAN

 

MOHAMMED

 

Digitally signed by

SANAULLA KHAN

MOHAMMED

Date: 2023.06.02

16:12:36 +05’30’

M Sanaulla Khan
Company Secretary
ENCL: As above

 

 

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Postal Ballot Voting Results

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

 

Company Name

     WIPRO LIMITED  

Date of Postal Ballot Notice

     27-Apr-23  

Voting-

  

Start Date

     03-May-23  

End Date

     01-Jun-23  

Total number of shareholders on record date (cut-off date- April 28, 2023)

     27,88,415  

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)    SPECIAL - Approval for Buyback of Equity Shares
Whether promoter/ promoter group are interested in the agenda/resolution?    Yes - to the extent of their respective 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
polled
(7)=[(5)/(2)]*100

Promoter and Promoter Group

   E-Voting    4,00,19,50,248      4,00,19,50,248      100.00      4,00,19,50,248      —      100.00    —  
   Poll      —        —        —        —      —      —  
   Postal Ballot (if applicable)      —        —        —        —      —      —  

Public- Institutions

   E-Voting    50,41,70,159      43,05,08,280      85.39      42,64,92,968      40,15,312    99.07    0.93
   Poll      —        —        —        —      —      —  
   Postal Ballot (if applicable)      —        —        —        —      —      —  

Public- Non Institutions

   E-Voting    98,19,59,822      35,22,90,875      35.88      35,15,90,640      7,00,235    99.80    0.20
   Poll      —        —        —        —      —      —  
   Postal Ballot (if applicable)      —        —        —        —      —      —  
     

 

  

 

 

    

 

  

 

 

    

 

  

 

  

 

   Total    5,48,80,80,229      4,78,47,49,403      87.18      4,78,00,33,856      47,15,547                        99.90    0.10
     

 

  

 

 

    

 

  

 

 

    

 

  

 

  

 

 

For Wipro Limited

 

SANAULLA

 

KHAN

 

MOHAMMED

 

Digitally signed by

SANAULLA KHAN

MOHAMMED

Date: 2023.06.02

16:12:54 +05’30’

M Sanaulla Khan
Company Secretary


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V SREEDHARAN AND ASSOCIATES

Company Secretaries

No. 291, 1st Floor, 10th Main Road, 3rd Block,

Jayanagar, Bengaluru - 560 011

LOGO + 91 80 49594533 LOGO compliance@sreedharancs.com

   LOGO

SCRUTINIZER’S REPORT

[Pursuant to Section 110 of the Companies Act, 2013 read with Rule

22 of the Companies (Management and Administration) Rules, 2014)

To,

The Chairman,

Wipro Limited

Doddakannelli,

Sarjapur Road,

Bengaluru - 560035

Sir,

 

1.

The Board of Directors of the Company at its meeting held on April 27, 2023, appointed me as a Scrutinizer for scrutinizing the postal ballot voting including e-voting process.

 

2.

I submit my report as under:

As per General Circular Nos. 14/2020 dated April 8, 2020, 17 /2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020, 10/2021 dated June 23, 2021, 20/2021 dated December 08, 2021, 03/2022 dated May 05, 2022 and 11/2022 dated December 28,2022 in relation to “Clarification on passing of ordinary and special resolutions by Companies under the Companies Act, 2013 and the rules made thereunder on account of the threat posed by COVID - 19” issued by the Ministry of Corporate Affairs, Government of India (the “MCA Circulars”), the Company has sent the Postal Ballot Notice dated April 27, 2023 on May 02, 2023 by email only to the members whose email ids were available with the Company / Registrar and Share Transfer Agent (RTA).

 

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The notice of postal ballot 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) as on cut-off date i.e., Friday, April 28, 2023.

 

  2.1

Particulars of votes cast through electronic means only have been entered in the register separately maintained for the purpose.

 

  2.2

Since there was no voting by physical postal ballot form, the question of keeping them under my safe custody before commencing the scrutiny does not arise.

 

  2.3

The votes cast through electronic means were unblocked on June 01, 2023, at 5:01 pm.

 

  2.4

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, 2023.

 

  2.5

Votes cast through electronic means up to 5.00 PM of June 01, 2023, being the last time and date fixed by the Company for voting through electronic means were considered for my scrutiny.

 

  2.6

Since the voting on Postal Ballot process was conducted only through e-voting, reporting on number of envelopes containing postal ballot form received after due date and up to the date of this report does not arise.

 

  2.7

Since the voting on Postal Ballot process was conducted only through e-voting, reporting on number of envelopes containing postal ballot forms returned undelivered also does not arise.

 

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  2.8

Since the voting on Postal Ballot process was conducted only through e-voting, reporting on finding of defaced or mutilated ballot paper too does not arise.

 

3.

A summary of votes cast through electronic means is given in Annexure-1.

 

4.

I have emailed all the e-registers and records relating to e-voting for the safe custody to the Company Secretary.

 

5.

You may accordingly declare the result of e-voting done by the members of the Company on the special resolution mentioned in the Postal Ballot Notice dated April 27,2023.

Thanking you,

 

For V SREEDHARAN & ASSOCIATES  
LOGO   LOGO
(Pradeep B Kulkarni)
Partner
FCS: 7260; CP No. 7835  
Address: No. 291, 1st Floor, 10th Main Road
                3rd Block, Jayanagar, Bengaluru-560011

Place: Bengaluru

Date: June 02, 2023

UDIN: F007260E000448195

 

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Annexure I

Wipro Limited

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

Summary of votes cast through electronic means

for the special resolution mentioned in the Postal Ballot Notice dated April 27, 2023

1. Approval for Buyback of equity shares of the Company.

 

Particulars

   E-Voting      % of total paid-up equity
capital  as on cut-off
date (i.e., 28/04/2023)
(5,48,80,80,229
Equity Shares)
 
     No. of members
voted through
e-voting system
     No. of votes cast
through e-voting
system.
(Equity Shares
of Rs. 2/- each)
 

(a) Total e-votes received

     8,198        4,84,40,16,561        88.26  

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

     343        5,92,67, 158        1.08  

(c) Net valid e-votes (as per register)

     7,855      4,78,47,49,403        87.18  

(d) e-votes with assent for the Resolution as a percentage of net valid e-votes

     7,126        4,78,00,33,856        99.90  

(e) e-votes with dissent for the Resolution as a percentage of net valid e-votes

     766        47,15,547        0.10  

 

*

The total of row (d) and (e) for the column, No. of members voted through e-voting system is not equal to the row (c) for said column, as 37 members have voted both in favour and against.

 

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