NGL Fine-Chem 45th AGM Held August 25, 2026

Meeting Details

The 45th Annual General Meeting of NGL Fine-Chem Limited was held on Tuesday, August 25, 2026 through Video Conferencing / Other Audio Visual Means in accordance with MCA and SEBI circulars. The meeting commenced at 11:00 A.M. (IST) and concluded at 11:25 A.M. (IST), lasting 25 minutes.

Attendance Details

Total shareholders present: 42

• Promoter and Promoter Group: 3 shareholders
• Public shareholders: 39 shareholders

All attendance was virtual through VC/OAVM with no physical attendance.

Directors Present

The following directors attended the meeting virtually:

• Mr. Dhananjay Mungale, Chairman of the Board & Independent Director
• Mr. Rahul Nachane, Managing Director
• Mr. Rajesh Lawande, Whole-Time Director & Chief Financial Officer
• Mrs. Ajita Nachane, Non-Executive Director
• Mrs. Sarala Menon, Independent Director
• Mr. Sudhir Deo, Independent Director

Other Attendees

• Representatives of M/s. Manek & Associates, Statutory Auditors
• Representatives of M/s. HSPN & Associates LLP, Secretarial Auditors
• Mr. Shivam Gharat, Company Secretary

Voting Process

Remote e-voting commenced on Saturday, August 22, 2026 at 9:00 A.M. and concluded on Monday, August 24, 2026 at 5:00 P.M. Mr. Hemant Shetye, Practising Company Secretary, was appointed as Scrutinizer to scrutinize both remote e-voting and e-voting conducted during the AGM. E-voting remained open for 15 minutes after conclusion of the meeting.

Business Transacted

The following agenda items from the Notice dated May 21, 2026 were transacted:

1. Adoption of audited financial statements (including consolidated financial statements) for the financial year ended March 31, 2026 and Reports of Directors and Auditors (Ordinary Resolution)

2. Declaration of Final Dividend on Equity Shares for the financial year ended March 31, 2026 (Ordinary Resolution)

3. Appointment of Mr. Rajesh Lawande (DIN: 00327301), who retires by rotation and offers himself for re-appointment as Director (Ordinary Resolution)

4. Re-appointment of Mr. Rajesh Lawande (DIN: 00327301) as Whole-Time Director of the Company (Special Resolution)

5. Re-appointment of Mrs. Sarala Menon (DIN: 09433901) as Independent Director of the Company (Special Resolution)

6. Ratification of remuneration payable to the Cost Auditor (Ordinary Resolution)

Chairman's Address

Mr. Dhananjay Mungale, Chairman, addressed the members and presented:

• Company's performance for FY 2025-26
• Progress of greenfield expansion at Tarapur
• Performance during Q1 FY 2026-27
• Company's outlook and long-term growth strategy
• Acknowledgement of contributions from employees, customers, business partners and shareholders

Documentation

Notice convening the 45th AGM dated May 21, 2026 and Annual Report for financial year ended March 31, 2026 had been circulated to all members. Statutory Auditors' Report and Secretarial Audit Report contained no qualifications, reservations, adverse remarks or disclaimers.

Question and Answer Session

Members who registered by Monday, August 17, 2026 at 5:00 P.M. (IST) were given opportunity to speak. Mr. Rahul Nachane, Managing Director, responded to queries/suggestions raised.