Chembond Chemicals 3rd AGM Approves Final Dividend

Meeting Details

The 3rd Annual General Meeting (AGM) of Chembond Chemicals Limited was held on Friday, July 31, 2026, commencing at 11:30 AM through audio/video conferencing (VC/OVAM).

Attendance and Leadership

• Mr. Nirmal V. Shah, Chairman & Managing Director of the Company, occupied the Chair.
• The meeting had the required quorum present.
• The Company engaged MUFG Intime India Private Limited ("MUFG") to enable member attendance through VC.
• Directors and officials present included: Prof. Aniruddha Pandit (Independent Director), Mrs. Anuradha Paraskar (Chairman of Stakeholders Relationship Committee), Mr. Mahendra Ghelani (Chairman of Nomination & Remuneration Committee), Mr. Sameer Shah (Non-Executive Director), Mr. Sushil Lakhani (Chairman of the Audit Committee), Mrs. Prachi Mahadik (CFO), Statutory Auditor, and Secretarial Auditor.

Voting Procedures

• Remote e-voting was provided to members from 9:00 AM on Tuesday, July 28, 2026, to 5:00 PM on Thursday, July 30, 2026.
• Mr. Virendra Bhat, Practicing Company Secretary, was appointed as Scrutinizer for scrutinizing both remote e-voting and e-voting at the AGM.
• Company registers (Members, Directors and Key Managerial Personnel and their shareholding, Contracts) were kept open for electronic inspection by members.

Business Transacted

The following items of business were transacted as per the notice of the AGM:

Ordinary Business

1. Adoption of Financial Statements: Consideration and adoption of the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereon.

2. Final Dividend Declaration: Declaration of final dividend of ₹1.25 per share on equity shares for the financial year ended March 31, 2026.

3. Director Reappointment: Appointment of Mr. Sameer V. Shah (DIN: 00105721) as director, who retires by rotation and being eligible, offered himself for reappointment.

Special Business

4. Related Party Transactions: Approval of material related party transactions of the Company and its subsidiaries, step subsidiaries, and group companies.

Member Engagement

• Eleven (11) members had registered as speakers for the AGM.
• Four (4) speakers attended/raised queries during the meeting.
• Queries raised by members at the meeting and those sent prior to the meeting were replied to by the Chairman & Managing Director.

Meeting Conclusion and Next Steps

• The meeting concluded with a vote of thanks to the Chair at 12:23 PM, which included a fifteen-minute e-voting session conducted post the meeting.
• Results of remote e-voting and e-voting at the AGM along with the scrutinizer report will be declared within two working days of the meeting.
• Results will be posted on the company website and MUFG Intime India Private Limited (RTA) website within prescribed time and forwarded to stock exchanges.

Financial Impact

Financial impact limited to dividend declaration of ₹1.25 per equity share. Other financial impacts from adopted financial statements are not quantified in this disclosure.