Meeting Details

Date: Saturday, September 12, 2026

Time: 11:00 a.m. to 12:20 p.m. (IST) - 80 minutes duration

Venue: Conducted through Video Conference/Other Audio Visual Means (VC/OAVM)

Deemed Venue: Registered Office of the Company at 701, Tower 'A' Peninsula Business Park, Senapati Bapat Marg, Lower Parel (W), Mumbai 400 013

Meeting Type: 34th Annual General Meeting

Proposed Resolutions and Implications

The following 13 items of business were considered and approved:

Ordinary Business

1. a) Receipt, consideration and adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with notes and Reports of Board of Directors and Auditors

b) Receipt, consideration and adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with notes and Report of Auditors

2. Declaration of Dividend on Equity Shares for financial year ended March 31, 2026

3. Re-appointment of Mr. Varun A. Udeshi (DIN: 02210711) as Director retiring by rotation

Special Business

4. Approval of Material Related Party Transactions between the Company and Ihsedu Agrochem Private Limited

5. Approval of Material Related Party Transactions pertaining to Subsidiary(s) of the Company

6. Re-appointment of Mr. Abhay V. Udeshi (DIN: 00355598) as Chairman and Whole-time Director

7. Re-appointment of Mr. Hemant V. Udeshi (DIN: 00529329) as Managing Director

8. Re-appointment of Dr. Subhash V. Udeshi (DIN: 00355658) as Joint Managing Director

9. Re-appointment of Mr. Varun A. Udeshi (DIN: 02210711) as Whole-time Director

10. Appointment of Mr. Dinesh M. Kapadia (DIN: 11803173) as Whole-time Director

11. Appointment of Mr. Nilesh Bhadrakumar Shah (DIN: 00322766) as Independent Director

12. Appointment of Mr. Dhayvat H. Udeshi under Section 188 of the Companies Act, 2013

13. Ratification of remuneration of Cost Auditor for Financial Year 2026-2027

Voting Process and Methods

The Company provided two voting methods:

  • Remote e-voting: Available from Tuesday, September 8, 2026 at 9:00 a.m. (IST) to Friday, September 11, 2026 at 5:00 p.m. (IST)
  • Electronic voting at meeting: Available to members who participated in the meeting and had not cast votes through remote e-voting

Key Voting Outcomes

All 13 resolutions set out in the Notice were passed with requisite majority and deemed to be passed on September 12, 2026. The document does not provide specific vote counts or percentages.

Scrutinizer Appointment and Role

M/s Dhrumil M. Shah & Co. LLP, Practising Company Secretaries, were appointed as Scrutinizer for scrutinizing both the e-voting at the Meeting and the remote e-voting process.

Compliance Confirmation

The meeting was conducted in compliance with various circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI, and applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Information

  • The meeting was chaired by Mr. Abhay V. Udeshi, Chairman
  • The Chairman addressed members about the Company's performance
  • The Company received few requests from Members to register as speakers, and all questions were answered
  • The document explicitly states it does not constitute the minutes of the proceedings of the Meeting