Meeting Details

  • Date: Wednesday, 24th June 2026
  • Time: Commenced at 12:30 PM IST and concluded at 1:02 PM IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 22nd Annual General Meeting

Proposed Resolutions and Implications

The following 11 resolutions were put to shareholder approval:

Ordinary Business

1. Ordinary Resolution: Adoption of audited financial statements for FY ended March 31, 2026 and reports of Board of Directors

2. Ordinary Resolution: Declaration of dividend on equity shares for Financial Year 2025-26

3. Ordinary Resolution: Re-appointment of Shri Mahendra Kumar Ostwal (DIN: 00412163) who retires by rotation

Special Business

4. Ordinary Resolution: Ratification of remuneration of M/s K.C. Moondra & Associates, Cost Accountant, for FY ending March 31, 2027

5. Special Resolution: Increase in borrowing powers under Section 180(1)(c) to revised limit of ₹2000 Crores

6. Special Resolution: Increase in limits for selling, leasing or disposing of undertaking and creating charge/security over assets under Section 180(1)(c) to ₹2000 Crores

7. Special Resolution: Approval for loans to directors/interested parties up to revised limit of ₹300 Crore

8. Special Resolution: Regularisation of Mrs. Archana Dangi (DIN: 03510693) as Non Executive Independent Director for first term of five consecutive years

9. Ordinary Resolution: Sub-division/split of existing 1 equity share of face value ₹10 each into 5 equity shares of face value ₹2 each

10. Ordinary Resolution: Alteration of Capital Clause (Clause V) of Memorandum of Association

11. Ordinary Resolution: Approval of material related party transactions with Ostwal Phoschem (India) Limited and Shri Ganpati Fertilizers Limited

12. Special Resolution: Raising funds through issuance of securities via private placement, preferential issue, public issue, rights issue, QIP, or other permissible modes, superseding earlier approvals

Voting Process and Methods

The Company provided multiple voting methods:

  • E-voting facility for shareholders who joined the meeting through Video Conference/Other Audio-Visual Means and had not cast votes through remote e-voting
  • The e-voting facility remained available for 15 minutes after closure of the meeting
  • Physical polling was not mentioned as the meeting was conducted entirely through virtual means

Key Voting Outcomes

The document states that voting results were not available at the time of filing. A consolidated report on total votes cast in favour and against the resolutions will be:

  • Submitted by the Scrutinizer within two working days
  • Forthwith declared by the Company by notifying to Stock Exchanges
  • Published on company website (www.krishnaphoschem.com) and NSDL website (www.evoting.nsdl.com)

Scrutinizer's Role

The Scrutinizer's role is mentioned but specific findings and conclusions are not provided in this document, as the report was pending at the time of filing.

Compliance Confirmation

The Company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Circulars issued by Ministry of Corporate Affairs
  • Applicable provisions of Companies Act, 2013
  • The Auditor's Report for FY ended March 31, 2026 contained no qualifications, observations or adverse remarks

Additional Information

  • Company CIN: L24124RJ2004PLC019288
  • GSTIN: 23AACCK4616K4ZK
  • ISO 9001:2015 Certified Company
  • No queries were received through the Question & Answer box from members during the AGM
  • All Directors were present except Mrs. Archana Dangi
  • The meeting was webcast live through NSDL website
  • Quorum was duly present at the meeting