Meeting Details

The 42nd Annual General Meeting of Chemplast Sanmar Limited was held on Friday, 7th August, 2026 at 3:00 PM IST through Video Conferencing / Other Audio Visual Means (OAVM).

51 members attended the AGM through VC/OAVM. The meeting was declared open by Mr Vijay Sankar, Chairman, who confirmed that the requisite quorum was present.

The notice convening the meeting had been circulated by email, hosted on the company's website, and made available on BSE and NSE websites. The Auditor's Report was noted as unqualified/unmodified and therefore not required to be read out as per Section 145 of the Companies Act, 2013.

Chairman's Speech Highlights

Mr Vijay Sankar delivered a speech covering:

  • Overview of company's business and challenges due to global uncertainties, pricing pressures, and volatile input costs
  • Growth of Specialty Chemicals segment including Custom Manufactured Chemical Division and Refrigerant Gas (R32)
  • Constitution of Independent Directors' Committee to evaluate strategic and value-enhancing opportunities
  • Commissioning of R32 Swing Plant and Phase III of the third Multi-Purpose Block at Berigai during Q1 FY27
  • Positive long-term outlook driven by China+1 strategy, domestic demand growth, and supply-chain diversification
  • Commitment to operational excellence, sustainability, and long-term shareholder value creation

Business Transacted

Ordinary Business:

1. Consideration and approval of:

a) Audited Standalone Financial Statements for FY26 ended March 31, 2026 with Reports of Auditors and Board of Directors

b) Audited Consolidated Financial Statements for FY26 ended March 31, 2026 with Report of Auditors

2. Appointment of Mr Vijay Sankar (DIN: 00007875) as Director, liable to retire by rotation

Special Business:

3. Appointment of Mr V S Radhakrishnan (DIN: 08064705) as Non-Executive and Non-Independent Director in the casual vacancy caused by the resignation of Mr Sumit Maheshwari (DIN: 06920646)

4. Ratification of payment of remuneration of ₹5,75,000 (Rupees Five Lakhs Seventy Five Thousand Only) to N Sivashankaran & Co., Cost Accountants (Firm Registration No. 100662) for carrying out Cost Audit for FY 2026-27, apart from reimbursement of out-of-pocket expenses and applicable taxes

5. Payment of Commission/Remuneration to Independent Directors for a period of three years from FY 2026-27 to 2028-29

Meeting Proceedings

Member queries were addressed by Chairman Mr Vijay Sankar. The e-voting window remained open for 15 minutes after the meeting closure for members who had not exercised remote e-voting.

The results of remote e-voting/e-voting during the meeting were scheduled to be announced to stock exchanges and hosted on the company website on or before Tuesday, 11th August, 2026.

The meeting concluded with a vote of thanks by the Chairman at 4:03 PM.