Date: July 15, 2026 (Notice Date), April 29, 2026 (Board Resolution Date)

KMP / Board / Auditor Changes

Re-appointment of Mr. Vishad P. Mafatlal (DIN: 00011350) as Executive Chairman:

  • Proposed re-appointment as Executive Chairman for 5 consecutive years from August 20, 2026 to August 19, 2031
  • Current term ends on August 19, 2026
  • Proposed remuneration includes: Basic Salary ₹2.39 Crores per annum, Personal Allowance ₹0.29 Crores per annum, Perquisites including furnished house or house rent allowance of ₹2.39 Crores per annum
  • Commission not exceeding 3% of annual net profits as calculated under Section 198 of Companies Act, 2013
  • Total remuneration for FY2025-26 was ₹17.06 Crores (₹6.99 Crores salary/perquisites + ₹10.07 Crores commission)
  • Special resolution required as remuneration exceeds ₹5 crore or 2.5% of net profits

Re-appointment of Mr. Sudhir R. Deo (DIN: 01122338) as Director:

  • Retires by rotation and offers himself for re-appointment
  • Appointed on September 28, 2023
  • Age 71 years, holds M.Tech. in Chemical Engineering from IIT Kanpur
  • Served as Managing Director of NOCIL Limited until July 31, 2023

Re-appointment of Mr. Sujal A. Shah (DIN: 00058019) as Independent Director:

  • Second term of 5 consecutive years from May 07, 2026 to May 06, 2031
  • First term ends on May 06, 2026
  • Chartered Accountant with 34+ years experience in advisory services
  • Serves on boards of multiple companies including NOCIL Limited and Atul Limited

Re-appointment of Ms. Apurva S. Purohit (DIN: 00190097) as Independent Director:

  • Second term of 5 consecutive years from October 19, 2026 to October 18, 2031
  • First term ends on October 18, 2026
  • Holds Bachelor's degree in Science (Physics) and PGDM from IIM Bangalore
  • Founder of Aazol Ventures Private Limited and author

Dividend Declaration

  • Final dividend recommendation: ₹8.60 per equity share of face value ₹2/- each for FY2025-26
  • Record date: Friday, June 12, 2026
  • Payment date: On or after August 13, 2026 if approved by shareholders

Board Meeting Outcomes

  • Approval of annual audited standalone and consolidated financial statements for FY ended March 31, 2026
  • Recommendation of final dividend
  • Re-appointment of directors as detailed above
  • Ratification of cost auditor remuneration

Financial Results

FY2025-26 Financial Performance (₹ in crores):

  • Turnover: ₹2,301.84 (FY2024-25: ₹1,686.81)
  • Profit after Tax: ₹487.67 (FY2024-25: ₹241.93)

Other Operational Disclosures

AGM Details:

  • Date: Thursday, August 06, 2026 at 3.30 P.M. (IST)
  • Mode: Video Conferencing / Other Audio-Visual Means
  • Cut-off Date for eligibility: Thursday, July 30, 2026
  • Remote e-voting period: August 01, 2026 (9:00 A.M. IST) to August 05, 2026 (5:00 P.M. IST)

Shareholder Information:

  • Unclaimed dividend for FY2018-19 already transferred to IEPF
  • Shares with unclaimed dividend for 7+ consecutive years will be transferred to IEPF
  • Special window for dematerialization of physical shares available until February 04, 2027

Scrutinizer Appointment:

  • Mr. Dharmesh M. Zaveri of D. M. Zaveri & Co appointed as scrutinizer for e-voting process