Indo Amines 33rd AGM Approves 10% Dividend, Director Appointments

Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

Date: Thursday, 24th September 2026
Time: 3:00 P.M. IST
Location: Conducted through Video Conference (VC) / Other Audio Visual Means (OAVM)
Type of Meeting: 33rd Annual General Meeting

Proposed Resolutions and Implications

The AGM considered and passed the following six resolutions:

Ordinary Business:

1. Consideration and Adoption of Standalone Audited Financial Statement for the year ended March 31, 2026 together with Reports of Board of Directors and Auditors, and Audited Consolidated Financial Statements for year ended March 31, 2026 with Auditor's Report

2. Declaration of Final Dividend of 10% i.e. ₹0.50 per equity share on face value of ₹5/- each for Financial Year ended March 31, 2026

3. Re-appointment of Mr. Saji Jose (DIN: 10650311) who retires by rotation

4. Re-appointment of Ms. Tejaswini Dalvi (DIN: 11127538) who retires by rotation

Special Business:

5. Approval of Ratification of remuneration of Cost Auditor for financial year 2026-27

6. Appointment of Mr. Rahul Chitnis (DIN: 06634770) as Independent Director for period of 1 year

Voting Process and Methods

The voting was conducted through two methods:

1. Remote e-voting: Available from Sunday, 20th September 2026 (9:00 A.M. IST) to Wednesday, 23rd September 2026 (5:00 P.M. IST)

2. E-voting at AGM: Available during the AGM until 15 minutes after conclusion of the meeting

The company appointed Mr. Vijay Yadav, Partner of M/s AVS & Associates, Company Secretaries, as Scrutinizer to conduct the voting process in a fair and transparent manner.

Key Voting Outcomes

Shareholder Participation

Total shareholders on record date: 34,288
Shareholders attending through VC: 36 (8 Promoters/Promoter Group, 28 Public)
Total outstanding shares: 7,25,87,560

Resolution-wise Voting Results:

Resolution 1: Adoption of Financial Statements

Total votes polled: 4,85,22,139 (66.8464% of outstanding shares)
Votes in favor: 4,85,21,081 (99.9978%)
Votes against: 1,058 (0.0022%)
Promoter group: 100% in favor (3,89,23,096 votes)
Public non-institutions: 99.9890% in favor (95,97,985 votes)

Resolution 2: Declaration of Final Dividend (10%)

Total votes polled: 4,85,21,739 (66.8458% of outstanding shares)
Votes in favor: 4,76,20,646 (98.1429%)
Votes against: 9,01,093 (1.8571%)
Promoter group: 100% in favor (3,89,23,096 votes)
Public non-institutions: 90.6123% in favor (86,97,550 votes)

Resolution 3: Re-appointment of Mr. Saji Jose

Total votes polled: 4,85,21,739 (66.8458% of outstanding shares)
Votes in favor: 4,85,20,148 (99.9967%)
Votes against: 1,591 (0.0033%)
Promoter group: 100% in favor
Public non-institutions: 99.9834% in favor

Resolution 4: Re-appointment of Ms. Tejaswini Dalvi

Total votes polled: 4,85,21,739 (66.8458% of outstanding shares)
Votes in favor: 4,85,19,753 (99.9959%)
Votes against: 1,986 (0.0041%)
Promoter group: 100% in favor
Public non-institutions: 99.9793% in favor

Resolution 5: Ratification of Cost Auditor Remuneration

Total votes polled: 4,85,21,739 (66.8458% of outstanding shares)
Votes in favor: 4,85,20,281 (99.9970%)
Votes against: 1,458 (0.0030%)
Promoter group: 100% in favor
Public non-institutions: 99.9848% in favor

Resolution 6: Appointment of Mr. Rahul Chitnis as Independent Director

Total votes polled: 4,85,21,739 (66.8458% of outstanding shares)
Votes in favor: 4,85,19,781 (99.9960%)
Votes against: 1,958 (0.0040%)
Promoter group: 100% in favor
Public non-institutions: 99.9796% in favor

Scrutinizer's Role and Findings

Mr. Vijay Yadav of AVS & Associates was appointed as Scrutinizer to conduct the voting process. He verified that:

The remote e-voting was conducted through NSDL's platform
The e-voting facility was blocked in the presence of independent witnesses (Mr. Chinmay Mhatre and Mr. Ketan Saste)
All votes were properly recorded and counted
No invalid votes were cast in any resolution
All resolutions were passed with the requisite majority

The Scrutinizer's report was submitted on September 25, 2026, and all voting records were handed over to the Company Secretary for safekeeping.

Compliance with Laws and Regulations

The AGM was conducted in compliance with:

Companies Act, 2013 and relevant rules
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MCA General Circular dated April 08, 2020 and subsequent circulars including General Circular dated September 22, 2025
SEBI Circular dated May 12, 2020 and subsequent circulars including SEBI Circular dated October 03, 2024
SEBI Master Circular dated January 30, 2026

Additional Information

The company's registered office: W-44, M.I.D.C. Phase II, Manpada Road, Dombivli (E) Dist Thane - 421203, Maharashtra
Total share capital breakdown: Promoter & Promoter Group: 4,24,04,506 shares; Public Institutions: 16,828 shares; Public Non-Institutions: 3,01,66,226 shares