Meeting Details
The 43rd Annual General Meeting was held on Monday, September 21, 2026 at 11:00 a.m. IST through Video Conferencing and Other Audio Visual Means (OAVM). The meeting concluded at 12:20 p.m. IST.
Attendance
The meeting had attendance of all Board Members including Chairpersons of all Board Committees, all Auditors (Statutory, Secretarial, Cost, and Internal Auditors), and requisite quorum of shareholders.
Key Management Announcements
- FY2025-26 was described as a year of resilience, stronger partnerships, and collaborative growth under the theme "Chemistry of Collaboration"
- Management transition announced effective October 1, 2026: Rajendra V. Gogri, Rashesh C. Gogri, and Renil R. Gogri will transition from executive responsibilities to Non-Executive roles
- Rajendra V. Gogri will continue as Non-Executive Chairman
- Suyog Kotecha will assume the role of Managing Director and CEO effective October 1, 2026
- Company serves customers across 60+ countries with focus on being "Global Partner of Choice"
Financial and Operational Highlights Presented
- Key updates included Sustainability, Partnerships, Volume Growth, Cost Savings, Capacities and utilization trends, Revenue by End Use, JV Updates, and New Contracts
- Financial snapshots for FY26 were presented
- Growth, opportunity and strategy discussions were held
- Awards & Corporate Social Responsibility initiatives were highlighted
FY2026-27 Focus Areas
- Improving asset utilisation
- Commercialising Zone IV
- Scaling selected high-growth niches
- Expanding advanced chemistries
- Strengthening customer partnerships
- Improving capital efficiency
- Generating stronger free cash flows
Voting Details
- Remote e-voting was provided to shareholders with voting rights as of Monday, September 14, 2026
- E-voting period: Friday, September 18, 2026 at 9:00 a.m. to Sunday, September 20, 2026 at 5:00 p.m.
- Electronic voting was also available during the AGM for shareholders who hadn't voted remotely
- M/s. BNP & Associates, Practicing Company Secretary was appointed as Scrutinizer
- Results to be declared within 2 working days of AGM conclusion and posted on company website
Resolutions Considered and Approved
Ordinary Business:
1. Adoption of Annual Financial Statements for year ended March 31, 2026
2. Declaration of Dividend for year ended March 31, 2026
3. Re-appointment of Shri Ajay Kumar Gupta (DIN: 08619902) who retires by rotation
4. Re-appointment of Shri Suyog K. Kotecha (DIN: 10634964) who retires by rotation
Special Business:
6. Appointment of Shri Suyog K. Kotecha (DIN: 10634964) as Managing Director effective October 1, 2026 for 5 years
7. Payment of Profit Related Commission to Non-Executive Directors
8. Approval of remuneration of Cost Auditors for Financial Year 2026-27
Shareholder Interaction
Shareholders attending through Video Conferencing expressed views/questions relating to business and operations of the Company. The Chairman, CEO and CFO replied to all queries.