Polychem Limited has issued notice for its 69th Annual General Meeting (AGM) scheduled to be held on Tuesday, 25th August 2026 at 11:00 a.m. through Video Conference/Other Audio Visual Means (OAVM).
Ordinary Business Agenda:
1. To receive, consider and adopt:
- The audited Standalone financial statements for the financial year ended 31st March 2026, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and reports of Board of Directors and Auditors
- The audited Consolidated financial statements for the financial year ended 31st March 2026, including Consolidated Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and report of Auditors
2. To declare dividend of ₹20 per equity share of ₹10 each for the financial year ended 31st March 2026
3. To appoint a Director in place of Mr. N. T. Kilachand (DIN: 00005530), who retires by rotation and is eligible for re-appointment
Key Dates and Procedures:
- The Register of Members and Share Transfer Book will remain closed from Wednesday, 19th August 2026 to Tuesday, 25th August 2026 (both days inclusive)
- Remote e-voting period: Friday, 21st August 2026 at 09:00 A.M. to Monday, 24th August 2026 at 05:00 P.M. through NSDL platform
- Cut-off date for e-voting eligibility: Tuesday, 18th August 2026
- Dividend, if declared, will be credited/dispatched on or after 25th August 2026 to members on the Register as of Record Date: Friday, 17th July 2026
- The company will deduct TDS from dividend payments as per Income Tax Act, 1961
Director Reappointment Details:
Mr. N. T. Kilachand, first appointed on 27.07.2012, holds 33,335 equity shares and attended 4 board meetings during FY 2025-26. He is related to Mr. Parthiv T. Kilachand (Managing Director) and Mr. T. R. Kilachand (Chairman) as brother and son respectively.
Shareholding Information:
- Total listed equity shares: 4,04,045 equity shares of ₹10 each
- Listed on: Bombay Stock Exchange Ltd.
- Annual listing fees for 2026-27 have been paid
Additional Information:
- The AGM is being held virtually in compliance with MCA circulars and SEBI regulations
- Ms. Ragini Chokshi of Ragini Chokshi & Co. (CP 1436) appointed as Scrutinizer
- Members can join the meeting 30 minutes before and 15 minutes after scheduled time
- Facility available for 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, etc.)
- Unclaimed dividend for FY 2018-19 is due for transfer to IEPF in October 2026
- Shares where dividend remains unclaimed for seven consecutive years will be transferred to IEPF Demat account
Investor Services:
- MUFG Intime India Pvt. Ltd launched 'SWAYAM' investor self-service portal
- Company has established Common Dispute Resolution Portal (ODR Portal) for securities market disputes
- Physical share transfers require dematerialization as per SEBI regulations