Detailed Summary

Meeting Details

The 19th Annual General Meeting was held on Monday, June 08, 2026 at 11:00 AM through Video Conferencing/Other Audio-visual Means. The meeting commenced at 11:00 AM and concluded at 11:31 AM.

Attendees

Directors Present:

  • Mr. Maulik Patel (Chairman & Managing Director)
  • Mr. Kaushal Soparkar (Executive Director)
  • Mr. Karana Patel (Director)
  • Mr. Darshan Patel (Director)
  • Mr. Manubhai Patel (Independent Director & Chairman of Audit Committee)
  • Ms. Priyanka Chopra (Independent Director)
  • Mr. Raju Swamy (Independent Director)
  • Mr. Kanubhai Patel (Independent Director)
  • Mr. Sanjay Asher (Independent Director)

Key Managerial Personnel Present:

  • Mr. Rakesh Agrawal (Chief Financial Officer)
  • Mr. Gaurang Trivedi (Company Secretary & Compliance Officer)

Representatives of Statutory Auditor, Internal Auditor, and Secretarial Auditor were also present through video conferencing.

Proceedings

Mr. Maulik Patel, Chairman and Managing Director, chaired the meeting and welcomed members. The Company Secretary confirmed quorum was present and explained the voting arrangements through Central Depository Services (India) Limited (CDSL).

Management Commentary

The Chairman outlined:

  • Company's business and financial performance
  • Capital expenditure and expansion plans for future growth
  • Sustainability initiatives
  • Declaration of final dividend of ₹5.00 per share for FY 2025-26
  • Long-term vision to build Epigral into one of India's most respected multi-product chemical companies

Shareholder Interaction

Five registered speaker shareholders participated and expressed appreciation for the company's performance. Queries were raised regarding:

  • Business performance in the prevailing geopolitical environment
  • Capital expenditure plans
  • Product portfolio
  • Research & Development Centre initiatives
  • Future growth strategies

The Chairman and Chief Financial Officer responded to all queries to shareholders' satisfaction.

Resolutions Considered

Six resolutions were placed for approval:

1. Adoption of Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of Final Dividend of ₹5.00 (50%) per equity share of ₹10 each for FY ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Mr. Ankit Patel (DIN: 02180007) as Director retiring by rotation (Ordinary Resolution)

4. Re-appointment of Mr. Karana Patel (DIN: 01727321) as Director retiring by rotation (Ordinary Resolution)

5. Ratification of Appointment of M/s. S R B C & Co LLP as Statutory Auditors for FY 2026-27 (Ordinary Resolution)

6. Ratification of remuneration payable to M/s K V Melwani & Associates as Cost Auditors for FY 2026-27 (Ordinary Resolution)

Voting Details

E-voting commenced on Thursday, June 04, 2026 at 9:00 AM and ended on Sunday, June 07, 2026 at 5:00 PM. Members who didn't vote during remote e-voting could vote during the AGM continuation. Mr. Kaushik Shah of M/s K J Shah & Co., Practicing Company Secretary, Ahmedabad was appointed as scrutinizer.

Auditor Reports

The Statutory Auditors' Report on Audited Financial Statements for FY2025-26 had no qualifications, observations, or comments.

Result Declaration

Voting results will be declared and disseminated on stock exchanges on or before Wednesday, June 10, 2026, and uploaded on the company's website and CDSL website.

Financial Impact

Final dividend of ₹5.00 per equity share declared for FY 2025-26.