Meeting Details
The 40th Annual General Meeting was held on Friday, September 25, 2026, through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting commenced at 12:07 PM and concluded at 12:26 PM.
Attendees and Proceedings
Mr. Suresh J. Patel, Chairman and Managing Director, presided over the meeting. The Company Secretary, Shri Ashutosh B. Bhatt, welcomed attendees on behalf of the Chairman. Directors and Statutory Auditors were present at the meeting. All Directors and Key Managerial Personnel introduced themselves during the virtual meeting. The Company Secretary provided general instructions to members regarding participation and confirmed that statutorily required documents were available electronically for inspection. The Chairman delivered a speech. The Notice convening the AGM and the Annual Report for FY ended March 31, 2026, were taken as read, as they had been previously circulated. The Audit Report, containing no qualifications/adverse remarks, was not read.
Voting Process
The remote e-Voting period commenced on Tuesday, September 22, 2026, at 9:00 AM and ended on Thursday, September 24, 2026, at 5:00 PM. The company provided a facility for members to cast votes electronically on all resolutions. Members who had not voted remotely were provided an opportunity to vote electronically during the AGM. Mr. Tapan Shah, Practicing Company Secretary, was appointed as the scrutinizer to conduct the voting process in a fair and transparent manner pursuant to Section 109 of the Companies Act, 2013.
Business Transacted
The following items of business from the Notice dated August 5, 2026, were transacted through remote e-voting and e-voting during the AGM:
Ordinary Business
1. a. Adoption of the audited financial statement of the Company for the Financial Year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon.
b. Adoption of the audited consolidated financial statement of the Company for the financial year ended March 31, 2026, and reports of Auditors thereon.
2. Appointment of Mr. Ankit S. Patel (DIN: 02173231), who retires by rotation and is eligible for reappointment.
Special Business
3. Ratification of the remuneration of the Cost Auditors for the financial year 2026-2027.
Shareholder Interaction and Conclusion
The chairman invited members to ask questions, share comments, and offer suggestions. Mr. Mayur B Padhya, CFO, responded to shareholder queries on behalf of the chairman. The Company Secretary informed shareholders that the consolidated result from the scrutinizer of the remote e-voting and e-voting conducted at the AGM would be intimated to the stock exchanges separately and put on the company's website. The meeting concluded with a vote of thanks by the chairman.
Compliance and Signatories
The document confirms the meeting was conducted in accordance with the Companies Act, 2013, its Rules, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following circulars issued by the Ministry of Corporate Affairs and SEBI. The letter is signed by Ashutosh B. Bhatt, Company Secretary & Compliance Officer, for Bodal Chemicals Ltd.