Willdale Limited will seek shareholder approval to appoint new directors and re-elect an existing board member at its Annual General Meeting scheduled for March 26, 2026.
In a notice to shareholders, the company said the meeting will be held at its boardroom at the Willdale Administration Block along Lomagundi Road in Mount Hampden.
Among key items on the agenda is the consideration of new appointments to the board as the company looks to strengthen its leadership structure.
Shareholders will consider the appointment of Batairai Manhando as a director. Manhando is described as an experienced metallurgist who has held senior leadership roles in several mining entities and was appointed to the board on April 7, 2025.
The meeting will also consider the appointment of Dr. Munacho T Mutezo, an engineer by profession and a seasoned business leader with extensive experience in both the private and public sectors. Mutezo was also appointed to the board on April 7, 2025.
In addition, shareholders will vote on the re-election of Gilbert Machingambi, a registered and practising lawyer, notary public and conveyancer who joined the company’s board in 2018.
“The re-election of directors will be by separate resolutions,” the company said in the notice.
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Beyond board appointments, shareholders will also consider several items of ordinary business, including the adoption of the company’s financial statements and directors’ report for the year ended September 30, 2025.
The company will also seek shareholder approval for directors’ fees for the same financial year and the approval of audit fees.
Shareholders will also be asked to approve the appointment of Grant Thornton Chartered Accountants (Zimbabwe) as the company’s external auditors for the ensuing year, marking the first time the audit firm will serve in that role.
“This will be the first time Grant Thornton Chartered Accountants (Zimbabwe) are appointed as auditors of the company,” the notice stated.
In addition, the board will request shareholder approval to authorise directors to re-register the company in line with provisions of the Companies and Other Business Entities Act.
The move would allow the company to amend its memorandum and articles of association where necessary in order to align with the current legal framework governing companies in Zimbabwe.
“A member entitled to attend and vote at the meeting may appoint one or more proxies to attend, vote and speak in their stead,” the company said.
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