Meeting Details
- Date: Thursday, 24th September 2026
- Time: 11:00 A.M. (IST)
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Type: Annual General Meeting
- Record Date: Thursday, 17th September 2026
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Audited Standalone Financial Statements for financial year ended March 31, 2026 with Reports of Board of Directors and Auditors
2. Adoption of Audited Consolidated Financial Statements for financial year ended March 31, 2026 with Reports of Auditors
3. Re-appointment of Mr. Anup Singh (DIN: 08889150) as Director who retires by rotation under Section 152 of Companies Act, 2013
Special Business
4. Ratification of remuneration of Cost Auditor M/s. Ashish Bhavsar & Associates for FY 2026-27 at ₹85,000 (exclusive of taxes and out-of-pocket expenses)
5. Grant of Loan/Inter Corporate Deposit to Platinum Oleo Chemicals Private Limited (subsidiary) for aggregate amount not exceeding ₹25 Crores at 9% interest per annum for working capital requirements/capital expenditure/business expansion
6. Grant of Loan/Inter Corporate Deposit to Rivadu Lifesciences Private Limited (wholly owned subsidiary) for aggregate amount not exceeding ₹25 Crores at 9% interest per annum for working capital requirements/business expansion
7. Material Related Party Transactions with Platinum Stabilizers Egypt LLC (wholly owned subsidiary) for aggregate value up to ₹800 million during FY 2026-27
8. Material Related Party Transactions with Platinum Oleo Chemicals Private Limited (subsidiary) for aggregate value up to ₹800 million during FY 2026-27
Voting Process and Methods
- Remote e-voting period: Monday, 21st September 2026 (09:00 AM) to Wednesday, 23rd September 2026 (05:00 PM)
- E-voting platform: Bigshare Services Private Limited through https://ivote.bigshareonline.com
- Voting methods: Remote e-voting prior to meeting and e-voting during AGM proceedings
- Scrutinizer: Mr. Mayank Arora (FCS 10378 & CP 13609) of M/s. Mayank Arora and Co., Practicing Company Secretaries
- Voting rights: Proportional to paid-up equity share capital as on cut-off date (17th September 2026)
Key Voting Outcomes
Note: Actual voting results will be declared after the meeting. The document provides the process but not the results.
Scrutinizer's Role and Findings
The Scrutinizer will count votes cast during the meeting and unblock remote e-votes in presence of at least two witnesses. A consolidated Scrutinizer's report will be provided within two working days of meeting conclusion to the Chairman, who will declare results forthwith.
Compliance with Laws and Regulations
The meeting complies with:
- SEBI (LODR) Regulations, 2015 (Regulation 30, 44)
- Companies Act, 2013 (Sections 102, 108, 152, 185)
- Companies (Management and Administration) Rules, 2014
- MCA General Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, December 14, 2021, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024, and September 22, 2025
- SEBI Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024
Additional Financial and Operational Information
- Subsidiary details: Platinum Oleo Chemicals Private Limited (89.49% owned), Rivadu Lifesciences Private Limited (100% owned), Platinum Stabilizers Egypt LLC (99.99% owned)
- Loan terms: 9% interest per annum, repayment on demand, unsecured, tenure up to 5 years
- Related party transaction breakdown:
- Platinum Stabilizers Egypt: Investment (₹500 million), ICD (₹100 million), Interest on ICD (₹20 million), Operational transactions (₹180 million)
- Platinum Oleo Chemicals: ICD (₹250 million), Interest on ICD (₹50 million), Operational transactions (₹500 million)
- Company CIN: L24299MH2020PLC341637