The 42nd Annual General Meeting (AGM) of The Andhra Petrochemicals Limited was held on Wednesday, 23 September 2026 at 3:00 PM at the ASL Meeting Hall, located upstairs of the Canteen Building of The Andhra Sugars Ltd., Venkatarayapuram, Tanuku - 534215, West Godavari District, Andhra Pradesh.

Key Proceedings

The meeting began with members observing two minutes of silence in memory of Dr. P Kotaiah, Chairman of the Company, who passed away on 23 July 2026. Following this, Sri Pendyala Narendranath Chowdary, Managing Director of the Company, was elected by the members as the Chairman for this meeting.

The Chairman welcomed the directors and members, confirmed that requisite quorum was present, and called the meeting to order. He delivered a speech covering the company's performance during the financial year 2025-26 and other developments.

Voting Process

The company provided e-voting facilities from 20 September 2026 to 22 September 2026. Members present at the AGM who had not exercised their votes electronically were given an opportunity to cast their votes through ballot paper at the meeting. Sri Nekkanti S.R.V.V. Satyanarayana of M/s Nekkanti SRVVS Narayana & Co., Practising Company Secretaries, Hyderabad, acted as the Scrutinizer for the poll proceedings. There was no voting by show of hands. The Notice of the AGM dated 27 May 2026 was read by Sri G Adinarayana, Chief Financial Officer & Company Secretary.

Business Transacted

The following items of ordinary business were transacted at the meeting:

1. Receiving, consideration and adoption of the Audited Financial Statements for the year ended 31 March 2026 and Reports of Board of Directors and Auditors thereon.

2. Appointment of a director in place of Sri M S R V K Ranga Rao (DIN 00031720), who retires by rotation and being eligible offered himself for reappointment.

3. Appointment of a director in place of Sri Ravi Pendyala (DIN 03375555), who retires by rotation and being eligible offered himself for reappointment.

4. Fixing remuneration of ₹5,00,000 to M/s C.V. Ramana Rao & Co. (Firm Regn. No. 002917S), Chartered Accountants, Visakhapatnam, as Statutory Auditors for the financial year 2026-27.

5. Ratification of remuneration amounting to ₹2,00,000 payable to Cost Auditors M/s Narasimha Murthy & Co. (Regn. No. 000042), Cost Accountants, Hyderabad, for the financial year 2026-27.

Attendance

The following directors were present at the meeting:

  • Sri P Venkateswara Rao, Chairman of Audit Committee
  • Sri G S V Prasad, Member of Audit Committee & Chairman of Nomination and Remuneration Committee
  • Sri MS R V K Ranga Rao, Chairman of Stakeholders Relationship Committee & Member of Nomination and Remuneration Committee
  • Sri Ravi Pendyala, Member of Audit Committee and Stakeholders Relationship Committee

Sri G Giridhar, representative of M/s C V Ramana Rao & Co., Statutory Auditors, was also present.

Resolution Outcomes

All resolutions set out in the Notice dated 27 May 2026 with regard to the above items of business were passed with requisite majority and are deemed to be passed on the date of the Annual General Meeting.

Additional Information

The voting results and other details in the prescribed format as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are being filed separately as per online filing requirements.

The meeting commenced at 3:00 PM and concluded at 3:40 PM with a vote of thanks to the chair.