Exhibit 99.1
February 24, 2019
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
In accordance with the Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(“SEBI Listing Regulations”), please find enclosed the voting results and Scrutinizer’s Report for the resolutions for increase in the Authorised Share Capital and issue of Bonus Shares, as set out in the Postal Ballot Notice dated January 18, 2019.
The aforesaid resolutions have been approved by Members with requisite majority, and shall be deemed to have been passed on February 22, 2019, being the last date of receipt of postal ballotforms/e-voting.
Consequent to the aforesaid approval, the Company’s Authorised Share Capital stands increased from₹1,126.50 Crores to₹2,526.50 Crores by creation of additional 700 crores equity shares of₹2 each. Pursuant to Regulation 30 of SEBI Listing Regulations and clause 204.00(B) of NYSE Listed Company Manual, a copy of the amended Memorandum of Association is enclosed.
Thanking You
ForWIPRO LIMITED
M Sanaulla Khan
Company Secretary
ENCL: As above
Company Name | WIPRO LIMITED | |
Date of Postal Ballot Notice | January 18, 2019 | |
Voting- | ||
Start Date | January 24, 2019 | |
End Date | February 22, 2019 | |
Date of Postal Ballot Notice | January 18, 2019 | |
Total number of shareholders on record date(cut-off date- | 2,75,470 | |
January 11, 2019) | ||
No. of shareholders present in the meeting either in person or | Not Applicable | |
through proxy: | ||
Promoters and Promoter Group: | — | |
Public: | — | |
No. of Shareholders attended the meeting through Video | Not Applicable | |
Conferencing | ||
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 polled (7)=[(5)/(2)]*100 | ||||||||||||||||||||||
E-Voting | 3,36,19,97,805 | 2,72,79,30,022 | 81.14 | 2,72,79,30,022 | — | 100.00 | — | |||||||||||||||||||||||
Poll | — | — | — | — | — | — | ||||||||||||||||||||||||
Promoter and Promoter Group | Postal Ballot (if applicable) | — | — | — | — | — | — | |||||||||||||||||||||||
E-Voting | 68,79,80,022 | 58,90,14,891 | 85.62 | 55,06,57,316 | 3,83,57,575 | 93.49 | 6.51 | |||||||||||||||||||||||
Poll | — | — | — | — | — | — | ||||||||||||||||||||||||
Public- Institutions | Postal Ballot (if applicable) | — | — | — | — | — | — | |||||||||||||||||||||||
E-Voting | 47,50,98,746 | 8,31,33,522 | 17.50 | 8,14,64,495 | 16,69,027 | 97.99 | 2.01 | |||||||||||||||||||||||
Poll | — | — | — | — | — | — | ||||||||||||||||||||||||
Public- Non Institutions | Postal Ballot (if applicable) | 6,38,379 | 0.13 | 6,37,993 | 386 | 99.94 | 0.06 | |||||||||||||||||||||||
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Total | 4,52,50,76,573 | 3,40,07,16,814 | 75.15 | 3,36,06,89,826 | 4,00,26,988 | 98.82 | 1.18 |
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 |
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 | ||||||||||||||||||||||
E-Voting | 3,36,19,97,805 | 2,72,79,30,022 | 81.14 | 2,72,79,30,022 | — | 100.00 | — | |||||||||||||||||||||||
Poll | — | — | — | — | — | — | ||||||||||||||||||||||||
Promoter and Promoter Group | Postal Ballot (if applicable) | — | — | — | — | — | — | |||||||||||||||||||||||
E-Voting | 68,79,80,022 | 58,90,14,891 | 85.62 | 58,27,49,325 | 62,65,566 | 98.94 | 1.06 | |||||||||||||||||||||||
Poll | — | — | — | — | — | — | ||||||||||||||||||||||||
Postal Ballot (if | ||||||||||||||||||||||||||||||
Public- Institutions | applicable) | — | — | — | — | — | — | |||||||||||||||||||||||
E-Voting | 47,50,98,746 | 8,32,39,479 | 17.52 | 8,31,17,047 | 1,22,432 | 99.85 | 0.15 | |||||||||||||||||||||||
Poll | — | — | — | — | — | — | ||||||||||||||||||||||||
Postal Ballot (if | ||||||||||||||||||||||||||||||
Public- Non Institutions | applicable) | 6,40,980 | 0.13 | 6,40,929 | 51 | 99.99 | 0.01 | |||||||||||||||||||||||
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Total | 4,52,50,76,573 | 3,40,08,25,372 | 75.15 | 3,39,44,37,323 | 63,88,049 | 99.81 | 0.19 |
SCRUTINIZER’S REPORT
February 24, 2019
The Chairman
Wipro Limited
Doddakannelli, Sarjapur Road,
Bengaluru - 560035.
Sir,
1. | The Board of Directors of the company at its meeting held on January 18, 2019 appointed me as a Scrutinizer for scrutinizing the postal ballot voting including e voting process. |
2. | I submit my report as under: |
The dispatch of the Postal Ballot Notice dated January 18, 2019 was completed on January 23, 2019 to the Members whose names appeared on the Register of Members / List of Beneficial Owners as received from the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as on January 11, 2019. The Postal Ballot Notice was sent to the Members in electronic form to the email addresses registered with their Depository Participants (in case of electronic shareholding) / the Company’s Registrar and Share Transfer Agents (in case of physical shareholding). For Members whose email IDs were not registered, physical copies of the Postal Ballot Notice were sent by permitted mode along with a postage-prepaid self-addressed Business Reply Envelope.
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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 unblocked on February 22, 2019 at 5.01 P.M. The postal ballot forms were scrutinized on February 23, 2019 at Karvy Fintech 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, January 11, 2019. |
2.5 | All postal ballot forms and votes cast through electronic means received up to 5.00 pm (IST) on February 22, 2019 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. |
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2.6 | No envelope containing postal ballot form was received after February 22, 2019 up to the date of this report. |
2.7 | Few envelopes containing postal ballot forms were returned undelivered. |
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 inAnnexureI.
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
For (V. Sreedharan) Partner FCS 2347; CP No. 833
Place : Bengaluru
Date : February 24, 2019 |
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Annexure I
WIPRO LIMITED
Regd. Office: Doddakannelli, Sarjapur Road, Bengaluru - 560035
Summary of votes cast through postal ballot and votes cast through electronic means for the resolution mentioned in the Postal Ballot Notice dated January 18, 2019
1) Approval for Increase in Authorized Share Capital and consequent amendment to Memorandum of Association of the Company
Particulars | Postal Ballot | E-Voting | Total | % of total paid- | ||||||||||||||||||||||||
No. of members voted through Postal ballot forms | No. of votes cast (Equity Shares of Rs. 2/- each) | No . of members 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) | up equity capital as on cut - off date (i.e. 11/01/2019) (452,50,76,573 Equity Shares) | ||||||||||||||||||||||
(a) Total postal ballot forms/ e votes received | 1,655 | 7,04,751 | 1,413 | 344,58,09,388 | 3,068 | 344,65,14,139 | 76.16 | |||||||||||||||||||||
(b)Less:Invalid postal ballot forms (as per register) (No. of Shares including cases where less votes cast and abstained from voting) | 116 | 66,372 | 25 | 4,57,30,953 | 141 | 4,57,97,325 | 1.01 | |||||||||||||||||||||
(c) *Net valid postal ballot forms (as per register) | 1,539 | 6,38,379 | 1,388 | 340,00,78,435 | 2,927 | 340,07,16,814 | 75.15 | |||||||||||||||||||||
(d) Postal ballot forms/e votes with assent for the Resolutionas a percentage of net valid shares polled | 1,527 | 6,37,993 | 1,319 | 336,00,51,833 | 2,846 | 336,06,89,826 | 98.82 | |||||||||||||||||||||
(e) Postal ballot forms/ e votes with dissent for the Resolutionas a percentage of net valid shares polled | 13 | 386 | 77 | 4,00,26,602 | 90 | 4,00,26,988 | 1.18 |
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2) Issue of Bonus Shares
Particulars | Postal Ballot | E-Voting | Total | % of | ||||||||||||
No. of | No . | No. | No. of | No. of members | No. of | up | ||||||||||
(a) Total postal ballot forms / e votes received | 1,655 | 7,04,751 | 1,414 | 344,58,09,488 | 3,069 | 344,65,14,239 | 76.16 | |||||||||
(b)Less:Invalid postal ballot forms (as per register) (No . of Shares | 127 | 63,771 | 14 | 4,56,25,096 | 141 | 4,56,88,867 | 1.01 | |||||||||
(c) | *Net valid postal ballot forms (as per register) | 1,528 | 6,40,980 | 1,400 | 340,01,84,392 | 2,928 | 340,08,25,372 | 75.15 | ||||||||
(d) | Postal ballot forms / e votes with assent for the Resolutionas a percentage of net valid sharespolled | 1,526 | 6,40,929 | 1,373 | 339,37,96,394 | 2,899 | 339,44,37,323 | 99.81 | ||||||||
(e) | Postal ballot forms / e votes with dissent for the Resolutionas a percentage of net valid sharespolled | 3 | 51 | 31 | 63,87,998 | 34 | 63,88,049 | 0 .19 |
* | The total of row (d) and (e) for the columns, No. of members voted through postal ballot forms, No. of members voted through e-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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