Event Overview

The 45th Annual General Meeting (AGM) of NGL Fine-Chem Limited was held on Tuesday, August 25, 2026 at 11:00 A.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting concluded at 11:25 A.M. (IST).

Shareholder Participation

  • Total shareholders on record date (August 18, 2026): 13,525
  • Shareholders attending through VC: 42 (3 Promoters/Promoter Group, 39 Public)
  • In-person or proxy attendance: Not applicable (meeting held through VC)

Voting Results Summary

All six resolutions set forth in the AGM notice were passed with requisite majority.

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Description: To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the financial year ended March 31, 2026 and the Reports of the Directors and the Auditors thereon
  • Total Votes Polled: 4,522,979 shares (73.2108% of outstanding shares)
  • Votes in Favor: 4,522,979 shares (100.0000% of votes polled)
  • Votes Against: 0 shares (0.0000% of votes polled)

Resolution 2: Declaration of Final Dividend

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Description: To declare Final Dividend on Equity Shares for the financial year ended March 31, 2026
  • Total Votes Polled: 4,522,979 shares (73.2108% of outstanding shares)
  • Votes in Favor: 4,522,974 shares (99.9999% of votes polled)
  • Votes Against: 5 shares (0.0001% of votes polled)

Resolution 3: Appointment of Mr. Rajesh Lawande (Retiring by Rotation)

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Description: To appoint Mr. Rajesh Lawande, Director (DIN: 00327301), who retires by rotation & being eligible offers himself for reappointment as Director
  • Total Votes Polled: 3,170,608 shares (51.3207% of outstanding shares)
  • Votes in Favor: 3,169,844 shares (99.9759% of votes polled)
  • Votes Against: 764 shares (0.0241% of votes polled)
  • Note: Mr. Rajesh Lawande abstained from voting on this resolution

Resolution 4: Reappointment of Mr. Rajesh Lawande as Whole-Time Director

  • Type: Special Resolution
  • Promoter Interest: Yes
  • Description: To re-appoint Mr. Rajesh Lawande (DIN 00327301), as a Whole-Time Director of the Company
  • Total Votes Polled: 3,170,613 shares (51.3208% of outstanding shares)
  • Votes in Favor: 3,169,080 shares (99.9516% of votes polled)
  • Votes Against: 1,533 shares (0.0484% of votes polled)
  • Note: Mr. Rajesh Lawande abstained from voting on this resolution

Resolution 5: Reappointment of Mrs. Sarala Menon as Independent Director

  • Type: Special Resolution
  • Promoter Interest: No
  • Description: To re-appoint Mrs. Sarala Menon (DIN: 09433901) as an Independent Director of the Company
  • Total Votes Polled: 4,522,979 shares (73.2108% of outstanding shares)
  • Votes in Favor: 4,522,967 shares (99.9997% of votes polled)
  • Votes Against: 12 shares (0.0003% of votes polled)

Resolution 6: Ratification of Cost Auditor Remuneration

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Description: To ratify remuneration payable to the Cost Auditor
  • Total Votes Polled: 4,522,979 shares (73.2108% of outstanding shares)
  • Votes in Favor: 4,522,967 shares (99.9997% of votes polled)
  • Votes Against: 12 shares (0.0003% of votes polled)

Scrutinizer's Report Details

  • Scrutinizer: Hemant S. Shetye, Designated Partner of HSPN & Associates LLP
  • Report Date: August 26, 2026
  • Appointment: Via Board Resolution dated May 21, 2026
  • Voting Period: Remote e-voting available from August 22, 2026 (9:00 AM IST) to August 24, 2026 (5:00 PM IST)
  • Voting Platform: Purva Sharegistry India Pvt Ltd
  • Cut-off Date: August 18, 2026 for determining voting eligibility
  • Voting Process: Votes were unblocked and counted after the AGM conclusion in presence of two witnesses (Kunal Sakpal and Ajay Ballal)