Archean Chemical 17th AGM Passes All Eight Resolutions

Meeting Details

Type of Meeting: 17th Annual General Meeting (AGM)
Date: June 12, 2026
Time: 10:00 AM to 11:10 AM IST
Mode: Video Conferencing / Other Audio Visual Means
Record Date: June 5, 2026
Total Shareholders on Record Date: 66,203

Proposed Resolutions and Implications

Eight resolutions were considered at the AGM:

Ordinary Business

1. Adoption of Financial Statements: To consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 together with Reports of the Board of Directors and Auditors

2. Final Dividend Declaration: To declare final dividend on equity shares for FY 2025-26

3. Director Re-appointment: To appoint Mr. Ravi Pendurthi (DIN: 02334379) who retires by rotation

4. Statutory Auditor Re-appointment: To re-appoint M/s. PKF Sridhar & Santhanam LLP (Firm Registration Number: 003990S/S200018) as Statutory Auditors and fix their remuneration

Special Business

5. Continuation of Directorship: To approve continuation of directorship of Mr. Kandheri Munuswamy Mohandass (DIN: 00707839) as Independent Director upon attaining age of 75 years

6. Re-appointment of Independent Director: To re-appoint Mr. Kandheri Munuswamy Mohandass as Non-executive Independent Director

7. Re-appointment of Independent Director: To re-appoint Mr. Chittoor Ghatambu Sethuram (DIN: 01081951) as Non-executive Independent Director

8. Ratification of Cost Auditor Remuneration: To consider & approve ratification of remuneration to Cost Auditor for FY 2026-27

Voting Process and Methods

Remote e-voting facility was provided by MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
E-voting period: June 9, 2026 (9:00 AM) to June 11, 2026 (5:00 PM)
E-voting during AGM: Available for members present through VC who hadn't voted previously
Cut-off date for eligibility: June 5, 2026
Scrutinizer: V. Sudarsan Babu of V. Sudarsan Babu & Associates (Membership No. 13189), appointed on May 11, 2026
Advertisement dates: Business Standard (May 22, 2026) and Makkal Kural (May 22, 2026)
Annual Report dispatch: May 21, 2026 by email, with physical copies available on request

Key Voting Outcomes

Overall Participation

Total shares outstanding: 123,458,394
Total votes polled: 99,608,149 (80.6816% turnout)
No invalid votes across any shareholder category
Meeting attendance: 1 promoter and 39 public shareholders attended via video conferencing

Resolution-wise Results

Resolution 1 (Adoption of Financial Statements)

Total votes: 99,608,149 (100% in favor)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (100% in favor)
Public Non-Institutions: 135,771 votes (100% in favor)

Resolution 2 (Final Dividend Declaration)

Total votes: 99,608,149 (100% in favor)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (100% in favor)
Public Non-Institutions: 135,771 votes (100% in favor)

Resolution 3 (Re-appointment of Mr. Ravi Pendurthi)

Total votes: 99,608,149 (79.8099% in favor, 20.1901% against)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (39.9917% in favor, 60.0083% against)
Public Non-Institutions: 135,771 votes (99.7975% in favor, 0.2025% against)

Resolution 4 (Re-appointment of Statutory Auditors)

Total votes: 99,608,149 (99.8382% in favor, 0.1618% against)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (99.5191% in favor, 0.4809% against)
Public Non-Institutions: 135,771 votes (99.9956% in favor, 0.0044% against)

Resolution 5 (Continuation of Mr. Kandheri Munuswamy Mohandass)

Total votes: 99,608,149 (98.4368% in favor, 1.5632% against)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (95.354% in favor, 4.646% against)
Public Non-Institutions: 135,771 votes (99.9956% in favor, 0.0044% against)

Resolution 6 (Re-appointment of Mr. Kandheri Munuswamy Mohandass)

Total votes: 99,608,149 (98.3742% in favor, 1.6258% against)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (95.1677% in favor, 4.8323% against)
Public Non-Institutions: 135,771 votes (100% in favor)

Resolution 7 (Re-appointment of Mr. Chittoor Ghatambu Sethuram)

Total votes: 99,608,149 (99.9728% in favor, 0.0272% against)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (99.9193% in favor, 0.0807% against)
Public Non-Institutions: 135,771 votes (100% in favor)

Resolution 8 (Ratification of Cost Auditor Remuneration)

Total votes: 99,608,149 (100% in favor, 0% against)
Promoter & Promoter Group: 65,959,184 votes (100% in favor)
Public Institutions: 33,513,194 votes (100% in favor)
Public Non-Institutions: 135,771 votes (99.9956% in favor, 0.0044% against)

Scrutinizer's Findings and Conclusions

V. Sudarsan Babu conducted the scrutiny in presence of two witnesses not employed by the company
All votes were validated against the list of eligible members as of the cut-off date
No member who voted remotely participated in e-voting during the AGM
All eight resolutions passed with requisite majority
Quorum was present throughout the meeting duration (10:00 AM to 11:10 AM)
No shares were lying in Investor Education Protection Fund (IEPF) or Escrow accounts

Compliance Confirmation

The company confirmed compliance with:

Section 108 of Companies Act, 2013
Rule 20 of Companies (Management and Administration) Rules, 2014
MCA General Circular No. 03/2025 dated September 22, 2025
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Information

Voting results and scrutinizer's report available at www.archeanchemicals.com
Company CIN: L24298TN2009PLC072270
Scrutinizer's firm address: No. 7/3, First Floor, Athreyapuram Main Road, Choolaimedu, Chennai - 600 094
Company registered office: No.2, North Crescent Road, T Nagar, Chennai - 600 017