Meeting Details

The 46th Annual General Meeting (AGM) of the Members of Deepak Fertilisers And Petrochemicals Corporation Limited was held on Tuesday, 1st September, 2026 at 11.00 a.m. through Video Conference (VC) / Other Audio Visual Means (OAVM). The proceedings were deemed to be conducted at the Registered Office of the Company (Sai Hira, Survey No. 93, Mundhwa, Pune, Maharashtra- 411036), which was deemed to be the venue.

Summary of Proposed Resolutions and Implications

Six resolutions were proposed and all were passed with requisite majority:

Ordinary Business:

1. To receive, consider and adopt the audited standalone and consolidated financial statements for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution).

2. To declare dividend on equity shares for the financial year ended 31st March, 2026 (Ordinary Resolution).

3. To appoint Mr. Madhumilan Parshuram Shinde (DIN: 06533004), who retires by rotation, offering himself for re-appointment (Ordinary Resolution).

4. To re-appoint P G BHAGWAT LLP, Chartered Accountants (FRN: 101118W/W100682), as the Statutory Auditors of the Company for a second term of 5 years (Ordinary Resolution).

Special Business:

5. Ratification and confirmation for payment of remuneration to M/s Harshad S. Deshpande & Associates, Cost Accountants (Registration No. 00378) (Ordinary Resolution).

6. Appointment of Mr. Yeshil Sailesh Mehta (DIN: 07866312) as a Non-Executive Non-Independent Director of the Company (Ordinary Resolution).

Voting Process and Methods

The mode of voting on the resolutions was through:

  • Remote e-voting: The facility was provided by KFin Technologies Limited (KFinTech) and was open from Saturday, 29th August, 2026 (9:00 A.M. IST) to Monday, 31st August, 2026 (5:00 P.M. IST).
  • E-voting (Insta Poll) at the AGM: Facilitated for members attending the VC/OAVM meeting who did not participate in remote e-voting.

The cut-off date for determining members entitled to vote was Tuesday, 25th August, 2026.

Key Voting Outcomes

Record Date Statistics:

  • Total number of shareholders on record date: 180,094
  • Shareholders present in meeting (physical proxy): 0 (Promoters: 0, Public: 0)
  • Shareholders attended through video conferencing: 64 (Promoters: 9, Public: 55)
  • Number of resolutions passed: 6

Detailed Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements):

  • Total Votes Cast: 85,947,025 shares (68.0834% of outstanding shares)
  • Votes in Favour: 85,946,993 shares (100.0000% of votes polled)
  • Votes Against: 32 shares (0.0000% of votes polled)
  • Passed: Yes

Resolution 2 (Dividend Declaration):

  • Total Votes Cast: 85,991,358 shares (68.1185% of outstanding shares)
  • Votes in Favour: 85,991,353 shares (100.0000% of votes polled)
  • Votes Against: 5 shares (0.0000% of votes polled)
  • Passed: Yes

Resolution 3 (Re-appointment of Mr. Madhumilan P. Shinde):

  • Total Votes Cast: 85,991,358 shares (68.1185% of outstanding shares)
  • Votes in Favour: 85,790,190 shares (99.7661% of votes polled)
  • Votes Against: 201,168 shares (0.2339% of votes polled)
  • Passed: Yes

Resolution 4 (Re-appointment of Auditors P G BHAGWAT LLP):

  • Total Votes Cast: 85,991,358 shares (68.1185% of outstanding shares)
  • Votes in Favour: 85,890,407 shares (99.8826% of votes polled)
  • Votes Against: 100,951 shares (0.1174% of votes polled)
  • Passed: Yes

Resolution 5 (Ratification of Cost Auditor Remuneration):

  • Total Votes Cast: 85,991,358 shares (68.1185% of outstanding shares)
  • Votes in Favour: 85,991,322 shares (100.0000% of votes polled)
  • Votes Against: 36 shares (0.0000% of votes polled)
  • Passed: Yes

Resolution 6 (Appointment of Mr. Yeshil S. Mehta):

  • Total Votes Cast: 85,991,358 shares (68.1185% of outstanding shares)
  • Votes in Favour: 85,694,196 shares (99.6544% of votes polled)
  • Votes Against: 297,162 shares (0.3456% of votes polled)
  • Passed: Yes

Category-wise Participation (Combined for all resolutions):

  • Promoter & Promoter Group: Held 57,603,547 shares; voted 57,598,775 shares (99.9917% participation)
  • Public Institutions: Held 31,060,060 shares; voted 28,267,502 shares (91.0092% participation)
  • Public Non-Institutions: Held 37,574,218 shares; voted 80,748 shares (0.2149% participation)

There were zero invalid votes across all shareholder categories for all resolutions.

Scrutinizer's Role and Findings

Ashish Garg, Practicing Company Secretary (FCS 5181) from GDR & Partners LLP, was appointed as the Scrutinizer. His responsibilities included scrutinizing the remote e-voting process and e-voting (Insta Poll) at the AGM in a fair and transparent manner. KFin Technologies Limited was the Service Provider for both remote e-voting and e-voting at the AGM.

The Scrutinizer's report confirms:

  • The remote e-voting system was blocked at the end of the voting period on August 31, 2026.
  • The votes cast through remote e-voting were unblocked by the Scrutinizer in the presence of witnesses (Ms. Shivanshi Sharma and Ms. Unnati Agrawal) on September 1, 2026, after the Insta Poll voting.
  • All relevant records of electronic voting will remain in the Scrutinizer's safe custody until the Chairman approves and signs the Minutes of the AGM.
  • The list of shareholders who voted for/against each resolution has been provided to the Company Secretary for records.

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No. 03/2025 dated September 22, 2025
  • Relevant SEBI circulars dated October 3, 2024, and January 30, 2026