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

Khaitan Chemicals and Fertilizers Limited

Meeting Details

  • Date: Tuesday, 21st July, 2026
  • Time: 11:00 A.M. to 11:55 A.M.
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type of Meeting: 44th Annual General Meeting

Attendance

Directors Present:

  • Mr. Suman Jyoti Khaitan (Independent Director)
  • Ms. Payal Gupta (Independent Women Director)

Auditor Present:

  • Mr. Ram Niwas Jalan (Partner, M/s. NSBP & Co., Chartered Accountants)

In Attendance:

  • Mr. Harsh Vardhan Agnihotri (President & Chief Financial Officer)
  • Ms. Sejal Maheshwari (Company Secretary and Compliance Officer)

Scrutinizer:

  • Mr. Ritesh Gupta, M/s. Ritesh Gupta & Co., Company Secretaries, Indore

Members:

  • 62 members attended through VC/OAVM at the commencement of the meeting

Chairman:

  • Mr. Shailesh Khaitan chaired the meeting

Proposed Resolutions and Implications

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements for FY 2025-26, including Balance Sheet, Profit and Loss Statement, Cash Flow Statement, and Reports of Board of Directors and Auditors

2. To appoint a Director in place of Shri Praveen Uniyal (DIN: 08714038) who retires by rotation

3. To declare Dividend of ₹0.05 per equity share (5% on face value of ₹1 each) for FY ended March 31, 2026

Special Business:

4. To Ratify the Remuneration of Cost Auditors for FY 2026-27

5. To approve increase in borrowing limits under Section 180(1)(c) of Companies Act, 2013

6. To approve power for creation of charge on company assets to secure borrowings up to ₹800 Crores under Section 180(1)(a)

7. To approve Re-appointment of Shri Utsav Khaitan (DIN: 03021454) as Joint Managing Director (Key Managerial Personnel)

Voting Process and Methods

The company provided facility for members to cast votes electronically on all resolutions:

  • Remote e-voting before the meeting
  • E-voting during the meeting through CDSL e-voting website
  • M/s. Ritesh Gupta & Co. were appointed as Scrutinizer to scrutinize all votes cast

Key Voting Outcomes

The voting results were not provided in this document. The company stated that:

  • Results of e-voting and remote e-voting will be intimated separately upon receipt of Scrutinizer's Report
  • Voting results will be declared within 2 working days from conclusion of AGM
  • Results will be placed on company website (www.kcfl.co.in) and available on CDSL, BSE, and NSE websites

Scrutinizer's Role

Mr. Ritesh Gupta of M/s. Ritesh Gupta & Co. was appointed as Scrutinizer to scrutinize the votes cast through remote e-voting and e-voting during the meeting. The scrutinizer's report was expected within 2 working days.

Compliance with Laws and Regulations

The meeting was conducted in accordance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India
  • Companies Act, 2013 provisions
  • The meeting was held without physical presence of members at a common venue as permitted by regulatory circulars

Shareholder Participation

Seven speaker shareholder requests were received:

  • Mr. Manjit Singh, Mr. Sunilbhai Arethiya, Mrs. Viraj Kacharia, Mr. Santosh Chopra, Mr. Toni Bhatia, Mr. Praveen Kumar & Mr. Keshav Garg
  • Mr. Praveen Kumar was absent during AGM
  • Mr. Santosh Chopra was not audible
  • All queries were adequately replied

Additional Information

  • Company registered office: 4-B/3 Palm Drive DLF Chattarpur, New Delhi - 110074
  • Meeting duration: 55 minutes (11:00 AM to 11:55 AM)
  • Quorum was confirmed present at commencement of meeting
  • Statutory registers were available for electronic inspection as required under Companies Act, 2013