Meeting Details

The 41st Annual General Meeting of Privi Speciality Chemicals Limited was held on Friday, August 07, 2026, through Video Conferencing/Other Audio-Visual Means.

  • Meeting Date: August 07, 2026
  • Meeting Time: Commenced at 04:00 p.m. (IST) and concluded at 04:58 p.m. (IST)
  • Venue: Registered office of the Company deemed as venue (Privi House, A-71, TTC, Thane Belapur Road, Near Kopar Khairane Railway Station, Navi Mumbai-400710)
  • Notice Date: May 11, 2026
  • Total Members Present: 61 members

Proceedings Summary

The meeting was chaired by Mr. Mahesh Purshottam Babani, Chairman & Managing Director of the Company. Ms. Ashwini Saumil Shah, Company Secretary & Compliance Officer, welcomed members and highlighted that:

  • The registered office was deemed the venue for AGM
  • No physical attendance meant proxy appointment was not applicable

Representatives from Statutory Auditors (M/s. BSR & Co., LLP), Secretarial Auditors (M/s. Rathi & Associates), and Scrutinizer attended the meeting. There were no qualifications, observations or adverse remarks in the Report of the Statutory Auditors or Secretarial Auditors.

Voting Arrangements

Remote e-voting facility was made available from 9:00 a.m. (IST) on Tuesday, August 04, 2026, up to 5:00 p.m. (IST) on Thursday, August 06, 2026. Additional e-voting facility was provided during the AGM and for 1.5 minutes post conclusion for members who hadn't voted remotely.

Mr. Himanshu S. Kamdar, Partner of M/s. Rathi & Associates, was appointed as Scrutinizer to oversee the voting process.

Resolutions Approved

The following items of business were proposed and approved:

1. Resolution No. 2 (Ordinary Resolution): Declaration of final dividend of ₹10.00 (1000%) per equity share of face value of ₹10 each for financial year ended March 31, 2026.

2. Resolution No. 3 (Ordinary Resolution): Re-appointment of Mr. Mahesh Purshottam Babani (DIN: 00051162) as Director who retired by rotation.

3. Resolution No. 4 (Ordinary Resolution): Ratification of remuneration payable to Cost Auditors for financial year ending March 31, 2027.

4. Resolution No. 5 (Special Resolution): Re-appointment of Mr. Bhaktavatsala Rao Doppalapudi (DIN: 000356218) as Executive (Whole-time) Director for period of 3 consecutive years commencing from August 13, 2026.

Post-Meeting Compliance

The voting results along with Scrutinizer's Report will be communicated to Stock Exchanges within 2 working days from conclusion of AGM. Results will also be placed on the website of the Company, BSE Limited, National Stock Exchange of India Limited, and MUFG Intime India Private Limited (E-Voting Agency).