Apcotex Industries Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding outcomes from its 40th Annual General Meeting (AGM).

The AGM was held on Thursday, 25th June 2026, commencing at 11:00 A.M. (IST) and concluding at 11:57 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Shareholders approved two key items of business:

1. Re-Appointment of Mr. Ravishankar Sharma as Executive Director

  • Reason for change: The present term of Mr. Ravishankar Sharma ended on 30th April 2026
  • Term of reappointment: Two years effective from 1st May 2026 to 30th April 2028
  • Profile: Mr. Sharma is a Chemical Engineer from Laxminarayan Institute of Technology, Nagpur (1988) and holds a PGDBM from Goa Institute of Management, Goa (Executive MBA, 2009). He has over 35 years of experience in Production, Projects, Specialty Chemicals & Manufacturing.
  • Relationships between directors: Not Applicable

2. Continuation of Mr. Atul Choksey as Non-Executive Director (Chairman)

  • Reason for change: Continuation of directorship after attaining the age of 75 years
  • Regulatory basis: Approved under Regulation 17(1A) of SEBI LODR Regulations, 2015
  • Director Identification Number: 00002102
  • Profile: Mr. Choksey is a Chemical Engineer from Illinois Institute of Technology, Chicago, USA. He joined Asian Paints (India) Limited as Junior Executive in 1973, became Whole-time Director in May 1979, and served as Managing Director from April 1984 to August 1997. He has served on boards of Marico Limited, Finolex Cables Limited, and Blue Star India Ltd. He has been President of Indian Paint Association and Bombay Chamber of Commerce and Industry, and Deputy President of Associated Chamber of Commerce and Industry of India. He is a member of Young Presidents Organization (YPO) and currently a Trustee of Shree Mahalakshmi Temple Trust in Mumbai.
  • Relationships between directors: Related to Mr. Amit Choksey and Mr. Abhiraj Choksey

The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The letter was signed by Drigesh Mittal, Head - Company Secretary & Legal, and digitally signed on June 25, 2026, at 20:15:05 +05'30'.

Financial Impact

No financial impact quantified in the disclosure. The appointments represent management changes without immediate capital structure or cash flow implications.