Date, Location, and Type of Meeting

The Twenty Third Annual General Meeting was held on Wednesday, September 30, 2026, at 09:39 a.m. IST through Video Conferencing (VC) facility/Other Audio-Visual Means (OAVM). The meeting was conducted from the registered office of the Company situated at Office Nos. 1101 to 1107, 11th Floor, Icon Rio, Behind Icon Business Centre, Dumas Road, Piplod, Surat-395007, Gujarat, India.

Summary of Proposed Resolutions and Implications

The AGM transacted four resolutions:

Ordinary Businesses:

1. To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, Audited Consolidated Financial Statements, Auditors' Report, and Board of Directors' Report

2. To declare a final dividend of INR 1.5 per Equity Share (15% of face value of INR 10) for FY ended March 31, 2026

3. To reappoint Mr. Anand Sureshbhai Desai (DIN: 00038442) as Director who retires by rotation

Special Business:

4. To ratify remuneration of INR 4,50,000 per annum (excluding GST) payable to M/s. Bhanwarlal Gurjar & Co., Cost Accountants, for cost audit for the period April 01, 2026 to March 31, 2027

Voting Process and Methods Used

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL) which was available from Sunday, September 27, 2026 (9:00 a.m. IST) to Tuesday, September 29, 2026 (5:00 p.m. IST). Additionally, e-voting facility was provided at the AGM which remained open for 15 minutes after conclusion of the meeting. Physical attendance was dispensed with due to the VC/OAVM format.

Key Voting Outcomes

Overall Participation:

  • Total votes cast: 86,606,988 shares (76.0712% of outstanding shares)
  • Total shares outstanding: 113,849,841 shares

Resolution-wise Breakdown:

Item 1 - Adoption of Financial Statements:

  • Votes in favor: 86,606,951 (100.0000%)
  • Votes against: 37 (0.0000%)
  • Promoter & Promoter Group: 67,253,016 votes (100% in favor)
  • Public Institutions: 2,771,586 votes (100% in favor)
  • Public Non-Institutions: 16,582,386 votes (99.9998% in favor, 0.0002% against)

Item 2 - Final Dividend Declaration:

  • Votes in favor: 86,602,880 (99.9953%)
  • Votes against: 4,108 (0.0047%)
  • Promoter & Promoter Group: 67,253,016 votes (100% in favor)
  • Public Institutions: 2,767,515 votes (99.8531% in favor, 0.1469% against)
  • Public Non-Institutions: 16,582,349 votes (99.9998% in favor, 0.0002% against)

Item 3 - Reappointment of Mr. Anand Desai:

  • Votes in favor: 86,059,890 (99.3683%)
  • Votes against: 547,098 (0.6317%)
  • Promoter & Promoter Group: 67,253,016 votes (100% in favor)
  • Public Institutions: 2,224,546 votes (80.2626% in favor, 19.7374% against)
  • Public Non-Institutions: 16,582,328 votes (99.9997% in favor, 0.0003% against)

Item 4 - Ratification of Cost Auditor Remuneration:

  • Votes in favor: 86,606,951 (100.0000%)
  • Votes against: 37 (0.0000%)
  • Promoter & Promoter Group: 67,253,016 votes (100% in favor)
  • Public Institutions: 2,771,586 votes (100% in favor)
  • Public Non-Institutions: 16,582,349 votes (99.9998% in favor, 0.0002% against)

Scrutinizer's Role, Findings, and Conclusions

CS Mohan Baid, Partner of M/s. M D Baid & Associates, Practicing Company Secretaries, Surat, was appointed as Scrutinizer for the voting process. The Scrutinizer's Report was issued on October 01, 2026, and all resolutions were declared as passed with the requisite majority. The report along with voting results were submitted to BSE Limited and National Stock Exchange of India Limited on October 01, 2026, and placed on the Company's website and NSDL website.

Compliance with Applicable Laws and Regulations

The meeting was conducted in compliance with the Companies Act, 2013 and various circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). The Annual Report along with Notice of 23rd AGM was sent to all eligible Members electronically on September 08, 2026. Members attending through VC were counted for quorum under Section 103 of the Act.

Names and Roles of Signatories

The minutes were signed by Ashish Gupta, Company Secretary & Compliance Officer of Anupam Rasayan India Limited. The meeting was chaired by Dr. Kiran Patel, Chairperson and Non-Executive Director.

Additional Financial and Operational Information

During the meeting, management highlighted FY26 performance including:

  • Consolidated revenue: ₹2,384 crore (highest ever)
  • Net operating cash flow: ₹334 crore
  • EBITDA: ₹543 crore with approximately 23% margin
  • Profit After Tax: ₹222 crore
  • Revenue mix: Agro (55%), Pharma (20%), Performance Materials (18%), Personal Care (7%)
  • Nearly 60.35% of electricity sourced from renewable energy
  • Strategic acquisitions of Jayhawk Fine Chemicals Corporation and controlling stake in Bliss GVS Pharma Ltd.
  • Manufacturing capacity more than doubled over last three years
  • Portfolio expanded to over 125 products with 90+ molecules in development pipeline