Meeting Details
The 87th Annual General Meeting of Tata Chemicals Limited was held on Friday, June 26, 2026, at 3:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means. The meeting concluded at 5:50 p.m. (IST).
Attendance
- Total shareholders present through VC/OAVM: 100 (7 from Promoter and Promoter Group, 93 from Public)
- Total shareholders eligible to vote as of cut-off date (June 19, 2026): 656,088
- No physical meeting was held, and no proxy arrangement was made
Key Participants
Chairman: Mr. S. Padmanabhan
Managing Director & CEO: Mr. R. Mukundan
Chief Financial Officer: Mr. Nandakumar S. Tirumalai
Company Secretary: Mr. Jeraz E. Mahernosh
Directors present: Ms. Padmini Khare Kaicker, Dr. C. V. Natraj, Mr. K. B. S. Anand, Mr. Rajiv Dube, Mr. Modan Saha
Auditors present: B S R & Co. LLP (Statutory Auditors), D. C. Dave & Co. (Cost Auditors), Parikh & Associates (Secretarial Auditors)
Business Transacted
Five ordinary resolutions were considered through remote e-voting:
1. Adoption of Audited Standalone Financial Statements for FY 2025-26 with Board of Directors and Auditors reports
2. Adoption of Audited Consolidated Financial Statements for FY 2025-26 with Auditors report
3. Declaration of dividend on Ordinary Shares for FY 2025-26
4. Re-appointment of Mr. S. Padmanabhan (DIN: 00306299) as Director who retires by rotation, until May 14, 2028
5. Ratification of Remuneration of Cost Auditors
Voting Results
All resolutions were passed with requisite majority. The remote e-voting period commenced on June 22, 2026 (9:00 a.m. IST) and ended on June 25, 2026 (5:00 p.m. IST), with additional voting available during the AGM.
Resolution 1: Adoption of Standalone Financial Statements
- Total votes polled: 174,657,399 shares (68.56% of outstanding shares)
- Votes in favor: 174,606,593 (99.97%)
- Votes against: 50,806 (0.03%)
- 1,366 members voted in favor, 34 members voted against
Resolution 2: Adoption of Consolidated Financial Statements
- Total votes polled: 174,657,320 shares (68.56% of outstanding shares)
- Votes in favor: 174,642,017 (99.99%)
- Votes against: 15,303 (0.01%)
- 1,365 members voted in favor, 34 members voted against
Resolution 3: Dividend Declaration
- Total votes polled: 174,847,192 shares (68.63% of outstanding shares)
- Votes in favor: 174,837,609 (99.99%)
- Votes against: 9,583 (0.01%)
- 1,369 members voted in favor, 32 members voted against
Resolution 4: Re-appointment of Mr. S. Padmanabhan
- Total votes polled: 174,847,185 shares (68.63% of outstanding shares)
- Votes in favor: 173,643,961 (99.31%)
- Votes against: 1,203,224 (0.69%)
- 1,323 members voted in favor, 77 members voted against
Resolution 5: Ratification of Cost Auditors' Remuneration
- Total votes polled: 174,847,680 shares (68.63% of outstanding shares)
- Votes in favor: 174,830,322 (99.99%)
- Votes against: 17,358 (0.01%)
- 1,343 members voted in favor, 56 members voted against
Scrutinizer Report
Mr. P. N. Parikh of Parikh & Associates, Practising Company Secretaries, was appointed as Scrutinizer. The scrutinizer's report confirmed the voting results with no invalid votes across all resolutions.
Additional Information
- The meeting was conducted in compliance with MCA Circulars including the latest 03/2025 dated September 22, 2025
- Remote e-voting facility was provided through NSDL
- Statutory Auditors' Report and Secretarial Audit Report had no qualifications
- The Chairman presented industry perspective, company performance for FY 2025-26, and growth plans
- MD & CEO Mr. R. Mukundan presented financial and performance highlights, strategic priorities, and key updates across geographies
- Voting results and scrutinizer's report are available on company website: www.tatachemicals.com