Meeting Details

The 51st Annual General Meeting of Primo Chemicals Limited was held on Wednesday, 30th September 2026 at 14:07 hours (2:07 PM) and concluded at 15:03 hours (3:03 PM). The meeting was conducted entirely through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with MCA circulars dated 5th May 2020 and subsequent circulars through 22nd September 2025, and SEBI circulars dated 12th May 2020 through 3rd October 2024.

Proposed Resolutions and Implications

Three resolutions were proposed for shareholder approval:

Ordinary Business:

1. Item 1: To receive, consider, and adopt: (i) The Audited Standalone Financial Statements for FY ended 31st March 2026 with Reports of Board of Directors and Auditors; and (ii) The Audited Consolidated Financial Statements for FY ended 31st March 2026 with Auditors' reports

2. Item 2: Appointment of Director Shri Jatin Dahiya (DIN: 08106876) who retires by rotation and offered himself for re-appointment

Special Business:

3. Item 3: Ratification of Remuneration of M/s. Kabra and Associates, Cost Accountants as Cost Auditors for FY 2026-27 at remuneration of ₹80,000 plus GST with reimbursement of out-of-pocket expenses

Voting Process and Methods

The voting process utilized multiple methods:

  • Remote e-voting: Conducted through Central Depository Services (India) Limited (CDSL) from 27th September 2026 (10:00 AM) to 29th September 2026 (5:00 PM)
  • E-voting during AGM: Available for members who had not previously voted via remote e-voting and were attending the meeting through video conferencing
  • Cut-off date: 23rd September 2026 for determining voting eligibility
  • Scrutinizer: Ajay Kumar Arora, Practicing Company Secretary (CP No. 993, FCS No. 2191) of M/s. A. Arora & Co., appointed by the Board of Directors on 14th August 2026

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date: 48,572
  • Total votes cast: 160,716,112 shares (66.3176% of outstanding shares)
  • Total members voting: 78
  • Invalid votes: 0

Resolution 1 - Adoption of Financial Statements:

  • Votes in favor: 160,715,759 shares (99.9998%)
  • Votes against: 353 shares (0.0002%)
  • Passed as Ordinary Resolution

Resolution 2 - Director Re-appointment:

  • Votes in favor: 160,714,659 shares (99.999%)
  • Votes against: 1,453 shares (0.001%)
  • Passed as Ordinary Resolution

Resolution 3 - Cost Auditor Remuneration:

  • Votes in favor: 160,710,759 shares (99.997%)
  • Votes against: 5,353 shares (0.003%)
  • Passed as Ordinary Resolution

Category-wise Voting Breakdown:

Promoter and Promoter Group:

  • Shares held: 78,507,830
  • Votes cast: 78,507,830 (100% participation)
  • All votes in favor for all three resolutions (100%)

Public Institutions:

  • Shares held: 5,335,437
  • Votes cast: 4,556,962 (85.4093% participation)
  • All votes in favor for all three resolutions (100%)

Public Non-Institutions:

  • Shares held: 158,499,953
  • Votes cast: 77,651,320 (48.9914% participation)
  • Resolution 1: 77,650,967 in favor (99.9995%), 353 against (0.0005%)
  • Resolution 2: 77,649,867 in favor (99.9981%), 1,453 against (0.0019%)
  • Resolution 3: 77,645,967 in favor (99.9931%), 5,353 against (0.0069%)

Scrutinizer's Role and Findings

Ajay Kumar Arora, the appointed Scrutinizer, confirmed that:

  • The electronic voting system provided by CDSL was used for both remote e-voting and meeting e-voting
  • Results were unlocked on 30th September 2026 in the presence of two independent witnesses
  • All three resolutions passed with requisite majority
  • Electronic data and records related to voting are under the Scrutinizer's safe custody and will be handed over to the Company Secretary after Chairman's approval of meeting minutes
  • The voting process was conducted in a fair and transparent manner

Signatories and Dates

  • Scrutinizer's Report Date: 1st October 2026
  • Company Disclosure Date: 1st October 2026
  • Scrutinized by: Ajay K. Arora, Company Secretary in Practice (FCS No. 2191)