Exhibit 99.1
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 ande-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 ande-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
ForWIPRO LIMITED
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 |
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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 | ||||||||||||||||||||||||||
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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 | ||||||||||||||||||||||||||
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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 | |||||||||||||||||||||||||||
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Resolution required: (Ordinary/ Special) | ORDINARY - Issue of Bonus Shares |
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Whether promoter/ promoter group are interested in the agenda/resolution? | Yes- to the extent of their shareholding |
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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 | |||||||||||||||||||||||||||
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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 | |||||||||||||||||||||||||||
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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 inAnnexure 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,
ForV. Sreedharan & Associates | ||||
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(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 Resolutionas 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 Resolutionas 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 throughe-voting system and Total No. of members voted through Postal ballot forms and throughe-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 Resolutionas 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 Resolutionas 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 throughe-voting system and Total No. of members voted through Postal ballot forms and throughe-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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