Fine Organic Industries Limited

Meeting Attendance

  • Total shareholders on record date: 83,832
  • Shareholders present in meeting (in person/proxy): 0
  • Shareholders attended through Video Conferencing: 59 (18 Promoters/Promoter Group + 41 Public)

Voting Results Summary

All 11 resolutions proposed at the AGM were approved. The total outstanding shares were 3,06,59,976, with 2,74,64,142 shares (89.5765%) participating in voting.

Resolution Details

Resolution 1: ORDINARY - Adoption of Standalone Financial Statements

  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,64,131 (100.0000%)
  • Votes against: 11 (0.0000%)
  • Promoter group: 100% in favor (2,29,94,482 votes)
  • Public institutions: 100% in favor (44,65,071 votes)
  • Public non-institutions: 99.7603% in favor (4,578 votes), 0.2397% against (11 votes)

Resolution 2: ORDINARY - Adoption of Consolidated Financial Statements

  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,64,131 (100.0000%)
  • Votes against: 11 (0.0000%)
  • Voting pattern identical to Resolution 1

Resolution 3: ORDINARY - Declaration of Final Dividend

  • Final dividend: ₹11 per equity share (face value ₹5 each) for financial year 2025-26
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,64,132 (100.0000%)
  • Votes against: 10 (0.0000%)
  • Public non-institutions: 99.7821% in favor (4,579 votes), 0.2179% against (10 votes)

Resolution 4: ORDINARY - Appointment of Mr. Nikhil Kamat as Director

  • Mr. Nikhil Kamat (DIN: 00107233) appointed as Director liable to retire by rotation
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,40,482 (99.9139%)
  • Votes against: 23,660 (0.0861%)
  • Public institutions: 99.4704% in favor (44,41,422 votes), 0.5296% against (23,649 votes)
  • Public non-institutions: 99.7603% in favor (4,578 votes), 0.2397% against (11 votes)

Resolution 5: ORDINARY - Ratification of Cost Auditors' Remuneration

  • Remuneration payable to Cost Auditors for FY 2026-27 ratified
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,64,131 (100.0000%)
  • Votes against: 11 (0.0000%)
  • Public non-institutions: 99.7603% in favor (4,578 votes), 0.2397% against (11 votes)

Resolution 6: SPECIAL - Appointment of Mr. Shailendra Nadkarni as Independent Director

  • Mr. Shailendra Nadkarni (DIN: 03401830) appointed as Non-Executive and Independent Director
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,07,255 (99.7929%)
  • Votes against: 56,887 (0.2071%)
  • Public institutions: 98.7262% in favor (44,08,195 votes), 1.2738% against (56,876 votes)
  • Public non-institutions: 99.7603% in favor (4,578 votes), 0.2397% against (11 votes)

Resolution 7: SPECIAL - Revision in Remuneration of Mr. Mukesh Shah

  • Mr. Mukesh Shah (DIN: 00106799), Chairman and Whole-Time Director
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,65,27,437 (96.5894%)
  • Votes against: 9,36,705 (3.4106%)
  • Public institutions: 79.0303% in favor (35,28,759 votes), 20.9697% against (9,36,312 votes)
  • Public non-institutions: 91.4360% in favor (4,196 votes), 8.5640% against (393 votes)

Resolution 8: SPECIAL - Revision in Remuneration of Mr. Jayen Shah

  • Mr. Jayen Shah (DIN: 00106919), Managing Director
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,65,27,437 (96.5894%)
  • Votes against: 9,36,705 (3.4106%)
  • Voting pattern identical to Resolution 7

Resolution 9: SPECIAL - Revision in Remuneration of Mr. Tushar Shah

  • Mr. Tushar Shah (DIN: 00107144), Whole Time Director and Chief Executive Officer
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,64,13,335 (96.1739%)
  • Votes against: 10,50,807 (3.8261%)
  • Public institutions: 76.4749% in favor (34,14,657 votes), 23.5251% against (10,50,414 votes)
  • Public non-institutions: 91.4360% in favor (4,196 votes), 8.5640% against (393 votes)

Resolution 10: SPECIAL - Revision in Remuneration of Mr. Bimal Shah

  • Mr. Bimal Shah (DIN: 03424880), Whole Time Director
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,64,13,335 (96.1739%)
  • Votes against: 10,50,807 (3.8261%)
  • Voting pattern identical to Resolution 9

Resolution 11: SPECIAL - Revision in Remuneration of Mr. Nikhil Kamat

  • Mr. Nikhil Kamat (DIN: 00107233), Whole Time Director
  • Total votes polled: 2,74,64,142 shares (89.5765%)
  • Votes in favor: 2,74,61,115 (99.9890%)
  • Votes against: 3,027 (0.0110%)
  • Public institutions: 99.9332% in favor (44,62,090 votes), 0.0668% against (2,981 votes)
  • Public non-institutions: 98.9976% in favor (4,543 votes), 1.0024% against (46 votes)

Scrutinizer Report Details

  • Scrutinizer: Mr. Kartik Shah of KS & Associates, Company Secretaries (Membership No. FCS 5732)
  • Appointment: Approved by Board on May 19, 2026
  • Remote e-voting period: August 13, 2026 (09:00 AM IST) to August 17, 2026 (05:00 PM IST)
  • E-voting platform: KFin Technologies Ltd. (https://evoting.kfintech.com)
  • Cut-off date for eligibility: August 11, 2026
  • Voting at AGM: Facility provided for members who did not vote remotely
  • Results unblocked: August 18, 2026 after conclusion of AGM voting