Event Details

The 40th Annual General Meeting (AGM) of Galaxy Surfactants Limited was held on Wednesday, August 12, 2026 at 2:30 pm (IST) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with regulatory provisions and Circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI).

Meeting Proceedings

Mr. Niranjan Ketkar, Company Secretary, welcomed members and confirmed that the meeting was conducted through VC/OAVM facility as per relevant circulars from MCA and SEBI. Members attending through VC/OAVM were counted for quorum purposes under section 103 of the Companies Act, 2013, and requisite quorum was present.

The Chairman, Mr. KBS Anand, introduced the Directors, CFO of the Company, Statutory Auditors, and Secretarial Auditors present at the meeting. The Notice convening the 40th AGM was taken as read as it had been circulated to members. The Auditor's Report for the year ended March 31, 2026 contained no qualifications or observations and was taken as read.

Mr. K. Natarajan, Managing Director of the Company, addressed members on the company's performance during financial year 2025-26. Following his speech, registered Speaker members asked questions or sought clarifications regarding business performance.

Business Items Considered

The following items of business were read and considered as set out in the Notice of AGM:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of Board of Directors and Auditors thereon (Ordinary Resolution)

2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon (Ordinary Resolution)

3. To approve the final dividend of ₹22 per equity share for the financial year 2025-26 (Ordinary Resolution)

4. To appoint a Director in place of Mr. K. Natarajan (DIN: 07626680), who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)

5. To ratify the remuneration payable to M/s Nawal Barde Devdhe & Associates, Cost Auditors (Ordinary Resolution)

Voting Procedures

Mr. Niranjan Ketkar, Company Secretary, informed members that the Board of Directors had appointed M/s. S. N. Ananthasubramanian & Co Practicing Company Secretaries as Scrutinizer to scrutinize remote e-voting and electronic voting.

In compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 108 of the Companies Act, 2013, the Company provided members facility to cast votes by electronic means (remote e-voting) during the period commencing on August 9, 2026 (9:00 a.m.) and closing on August 11, 2026 (5:00 p.m.). Electronic voting facility was also made available to members who had not cast their vote prior to the AGM.

Meeting Conclusion

The meeting concluded at 03:30 p.m. after being open for 15 minutes for electronic voting to be completed. The results of remote e-voting and poll at the AGM, together with the Report of the Scrutinizers, will be disclosed to Stock Exchanges and hosted on the Company's website within two working days of conclusion of AGM.