Meeting Details
- Type of Meeting: Annual General Meeting (AGM)
- Date: September 22, 2026
- Time: 12:00 PM to 12:30 PM
- Location: Registered office of the Company at Chhatral Kadi Road, Indrad, Mahesana - 382 715
- Record Date: September 15, 2026
- Total Shareholders on Record Date: 10,938
Proposed Resolutions and Implications
The AGM considered five ordinary resolutions:
1. Adoption of Audited Financial Statements: Adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with Reports of Directors and Auditors.
2. Declaration of Final Dividend: Declaration of Final Dividend for Financial Year 2025-2026.
3. Re-appointment of Director: Re-appointment of Mrs. Paru M. Jaykrishna (DIN: 00671721) as a Director who retires by rotation.
4. Re-appointment of Director: Re-appointment of Mr. Sachin M. Jaykrishna (DIN: 10712990) as a Director who retires by rotation.
5. Ratification of Remuneration: Ratification of Remuneration payable to the Cost Auditors.
Voting Process and Methods
The voting process utilized two methods:
- Remote E-Voting: Conducted through National Securities Depository Limited (NSDL) from September 18, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
- Physical Poll: Conducted at the AGM venue for members present who had not voted via remote e-voting
- No postal ballot was utilized
Key Voting Outcomes
Overall Participation
- Total Shares Outstanding: 8,033,099
- Total Votes Polled: 5,047,635 shares (62.8355% of outstanding shares)
- Total Shareholders Voting: 47 members
- No invalid votes were recorded across all categories
Resolution-wise Results
Resolution 1 - Adoption of Financial Statements
- Total Votes Polled: 5,047,635
- Votes in Favor: 5,038,989 (99.8287%)
- Votes Against: 8,646 (0.1713%)
- Result: Passed
Resolution 2 - Declaration of Final Dividend
- Total Votes Polled: 5,047,635
- Votes in Favor: 5,038,989 (99.8287%)
- Votes Against: 8,646 (0.1713%)
- Result: Passed
Resolution 3 - Re-appointment of Mrs. Paru M. Jaykrishna
- Total Votes Polled: 5,047,635
- Votes in Favor: 5,038,989 (99.8287%)
- Votes Against: 8,646 (0.1713%)
- Result: Passed
Resolution 4 - Re-appointment of Mr. Sachin M. Jaykrishna
- Total Votes Polled: 5,047,635
- Votes in Favor: 5,038,989 (99.8287%)
- Votes Against: 8,646 (0.1713%)
- Result: Passed
Resolution 5 - Ratification of Cost Auditors' Remuneration
- Total Votes Polled: 5,047,635
- Votes in Favor: 5,038,989 (99.8287%)
- Votes Against: 8,646 (0.1713%)
- Result: Passed
Category-wise Voting Breakdown
Promoter and Promoter Group
- Shares Held: 5,036,537
- Votes Polled: 5,036,537 (100% of shares held)
- Voting Method: 100% via e-voting
- All resolutions: 100% in favor (5,036,537 votes)
Public Institutions
- Shares Held: 6,158
- Votes Polled: 0 (0% of shares held)
- No participation in any resolution
Public Non-Institutions
- Shares Held: 2,990,404
- Votes Polled: 11,098 (0.3711% of shares held)
- E-Voting: 10,822 votes (0.3619%)
- Physical Poll: 276 votes (0.0092%)
- Resolution 1: 2,452 in favor (22.0941%), 8,646 against (77.9059%)
- Resolution 2: 2,452 in favor (22.0941%), 8,646 against (77.9059%)
- Resolution 3: 2,452 in favor (22.0941%), 8,646 against (77.9059%)
- Resolution 4: 2,452 in favor (22.0941%), 8,646 against (77.9059%)
- Resolution 5: 2,452 in favor (22.0941%), 8,646 against (77.9059%)
Scrutinizer's Role and Findings
- Name: Bipin L. Makwana, Company Secretary in Practice
- Membership Number: 15650
- Appointment Date: August 12, 2026
- Report Date: September 22, 2026
- Findings: Confirmed the voting process was conducted fairly and transparently
- Methodology: Physical poll papers were reconciled with company records, and e-voting results were downloaded from NSDL
- Key Observation: No shareholder voted both through remote e-voting and physical ballot
- Conclusion: All resolutions passed with requisite majority
Compliance Confirmation
The disclosure confirms compliance with:
- Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 108 and Section 109 of the Companies Act, 2013
- Rule 21(2) of the Companies (Management and Administration) Rules, 2014
- Rule 20 of the Companies (Management and Administration) Rules, 2014
Additional Information
- The voting results and scrutinizer's report are available on the company website at www.aksharchemindia.com
- Reference Number: AKSHAR/SE/2026-27/2609/28
- Submission Date: September 23, 2026