Panama Petrochem Ltd submitted the e-voting results of its 44th Annual General Meeting (AGM) held on August 24, 2026, through Video Conferencing (VC) pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Attendance

  • Total number of shareholders on record date: 30,711
  • No shareholders attended in person or through proxy
  • 57 shareholders attended through Video Conferencing (18 from Promoter & Promoter Group, 39 Public)

Share Capital Structure

  • Total outstanding shares: 60,493,598
  • Promoter & Promoter Group holdings: 38,208,096 shares (63.17%)
  • Public Institutions holdings: 6,526,406 shares (10.79%)
  • Public Non-Institutions holdings: 15,759,096 shares (26.05%)

Resolution 1: Adoption of Financial Statements

  • Ordinary Resolution
  • Promoters not interested in the resolution
  • Total votes polled: 35,813,004 shares (59.20% of outstanding shares)
  • Results: 35,812,993 votes in favor (100.00%), 11 votes against (0.00%)
  • Promoter voting: 35,158,266 shares voted (92.02% of promoter holdings), 100% in favor
  • Public Institutions: 564,732 shares voted (8.65% of institutional holdings), 100% in favor
  • Public Non-Institutions: 90,006 shares voted (0.57% of non-institutional holdings), 99.99% in favor

Resolution 2: Declaration of Dividend

  • Ordinary Resolution
  • Promoters not interested in the resolution
  • Total votes polled: 35,825,950 shares (59.22% of outstanding shares)
  • Results: 35,825,939 votes in favor (100.00%), 11 votes against (0.00%)
  • Promoter voting: 35,158,266 shares voted (92.02% of promoter holdings), 100% in favor
  • Public Institutions: 577,678 shares voted (8.85% of institutional holdings), 100% in favor
  • Public Non-Institutions: 90,006 shares voted (0.57% of non-institutional holdings), 99.99% in favor

Resolution 3: Re-appointment of Director Arif Rayani

  • Ordinary Resolution for reappointment of Mr. Arif Rayani (DIN: 00245647) who retired by rotation
  • Promoters not interested in the resolution
  • Total votes polled: 35,825,950 shares (59.22% of outstanding shares)
  • Results: 35,803,383 votes in favor (99.94%), 22,567 votes against (0.06%)
  • Promoter voting: 35,158,266 shares voted (92.02% of promoter holdings), 100% in favor
  • Public Institutions: 577,678 shares voted (8.85% of institutional holdings), 96.13% in favor (555,322 votes), 3.87% against (22,356 votes)
  • Public Non-Institutions: 90,006 shares voted (0.57% of non-institutional holdings), 99.77% in favor (89,795 votes), 0.23% against (211 votes)

Resolution 4: Ratification of Cost Auditors Remuneration

  • Ordinary Resolution for ratification of remuneration payable to Cost Auditors for FY 2026-27
  • Promoters not interested in the resolution
  • Total votes polled: 35,825,950 shares (59.22% of outstanding shares)
  • Results: 35,824,439 votes in favor (100.00%), 1,511 votes against (0.00%)
  • Promoter voting: 35,158,266 shares voted (92.02% of promoter holdings), 100% in favor
  • Public Institutions: 577,678 shares voted (8.85% of institutional holdings), 100% in favor
  • Public Non-Institutions: 90,006 shares voted (0.57% of non-institutional holdings), 98.32% in favor (88,495 votes), 1.68% against (1,511 votes)

All resolutions were passed with overwhelming majority support. The document was signed by Gayatri Sharma, Company Secretary & Compliance Officer, on August 25, 2026.