Meeting Details

The 54th Annual General Meeting of Oriental Aromatics Limited was held on Tuesday, 18th August, 2026 at 11:00 a.m. through Video Conferencing/Other Audio Visual Means. The deemed venue was the Registered Office of the Company at 133, Jehangir Building, 2nd Floor, Fort, Mumbai - 400001.

The meeting was conducted in compliance with:

  • General Circular no. 03/2025 dated September 22, 2025 issued by Ministry of Corporate Affairs
  • Companies Act, 2013 and Rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Other applicable circulars and notifications

Attendance and Quorum

The number of shareholders as on the cut-off date (11th August, 2026) was 23,828. Total 52 shareholders attended the meeting through video conferencing. The requisite quorum was present.

Voting Arrangements

  • Facility for participation was made available for 1000 members on first come first serve basis
  • Remote e-voting period: 14th August, 2026 (9:00 a.m.) to 17th August, 2026 (5:00 p.m.)
  • E-voting was also available during the AGM for shareholders who hadn't voted remotely
  • Mr. Shreyans Jain, Practicing Company Secretary, was appointed as Scrutinizer
  • Consolidated Voting Results and Scrutinizer's Report will be displayed on company website (www.orientalaromatics.com) and NSDL website (www.evoting.nsdl.com)

Business Transacted

Ordinary Business:

1. Adoption of Annual Audited Standalone and Consolidated Financial Statements and Reports for FY ended 31st March, 2026 - Ordinary Resolution

2. Declaration of final dividend at the rate of ₹0.50 (10%) per equity share for FY ended 31st March, 2026 - Ordinary Resolution

3. Re-appointment of Mr. Satish Kumar Ray (DIN: 07904910) who retires by rotation - Ordinary Resolution

Special Business:

4. Ratification of remuneration to be paid to M/s V. J. Talati & Co. (Firm Registration No. R00213), Cost Auditors - Ordinary Resolution

5. Appointment of Mr. John Fitzgibbon Gloster (DIN: 02421071) as Independent Director - Special Resolution

Management Commentary

Mr. Dharmil A. Bodani, Chairman & Managing Director, highlighted:

  • FY 2025-26 was a landmark year with company achieving ₹1,000 crore consolidated revenue milestone for the first time
  • Resilience of integrated business model across Fragrances & Flavours, Specialty Aroma Chemicals, and Camphor & Terpene Chemicals
  • Commercialization of Mahad Greenfield facility as significant step towards future growth
  • Key priorities: disciplined capital allocation, operational efficiency, innovation, sustainability
  • Board recommended dividend of ₹0.50 per equity share

Mr. Shyamal A. Bodani, Executive Director, highlighted:

  • Company's operational resilience and focus on quality, innovation and customer relationships
  • Strengthening global presence across more than 35 countries
  • Growth opportunities from premiumisation and increasing rural consumption in India
  • Commitment to community development, education and employee well-being
  • Focus on volume growth, market presence strengthening, Mahad commercial ramp-up, margin improvement

Additional Information

  • All statutory registers/documents were made available for inspection in electronic mode throughout meeting
  • Members' queries were responded by Mr. Dharmil A. Bodani, Mr. Parag Satoskar (CEO), and Mr. Girish Khandelwal (CFO)
  • Meeting concluded at 12:28 p.m. (including 15 minutes provided for e-voting)