Annual General Meeting Details

  • Meeting Date: Thursday, 24th September 2026 at 12:00 noon IST
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Deemed Venue: Registered Office at 5th Floor, Malak Building, Behind Old Gujarat High Court, Navrangpura, Ahmedabad - 380009
  • Benpos Date: 7th August 2026
  • Cut-off Date for E-voting: 17th September 2026

Ordinary Business Items

1. Adoption of Audited Financial Statements for year ended 31st March 2026, together with reports of Board of Directors and Auditors

2. Appointment of Mr. Anilkumar J. Pandya (DIN: 00921815) who retires by rotation and offers himself for re-appointment

Special Business Items

3. Special Resolution: To maintain Register of Members and Annual Returns at office of RTA Bigshare Services Pvt Ltd, Mumbai

4. Special Resolution: Appointment of Mr. Asim Pandya (DIN: 10627198) as Independent Director for 5-year term from 29th July 2026 to 28th July 2031

Financial Performance Highlights (FY2025-26 vs FY2024-25)

  • Profit before Interest and Depreciation: ₹570.74 lakh (₹825.88 lakh previous year)
  • Interest: ₹121.40 lakh (₹144.77 lakh previous year)
  • Depreciation: ₹180.73 lakh (₹163.15 lakh previous year)
  • Profit before Tax: ₹268.61 lakh (₹517.96 lakh previous year)
  • Current Tax: ₹23.50 lakh (₹80.85 lakh previous year)
  • Tax in respect of earlier years: (₹3.40 lakh) credit (₹6.94 lakh previous year)
  • Deferred Tax Liability: (₹23.75 lakh) credit (₹27.29 lakh previous year)
  • Profit after Tax: ₹272.26 lakh (₹402.88 lakh previous year)
  • Carried forward to Balance Sheet: ₹1,172.28 lakh (₹900.02 lakh previous year)

Dividend Declaration

No dividend recommended for FY2025-26 to conserve resources for working capital requirements.

Share Capital Structure

  • Issued, Subscribed and Paid-up Capital: ₹1,732.13 lakh divided into 1,73,21,250 equity shares of ₹10 each
  • No changes in capital structure during the period under review
  • 100% shares held in dematerialized form as on 31st March 2026

IPO Fund Utilization

Amount Raised: ₹2,524.50 lakh through IPO on 3rd January 2025

Utilization as on 31st March 2026:

  • Capital Expenditure (new plant): ₹478.41 lakh utilized out of ₹703.82 lakh allocated (to be utilized in FY2026-27)
  • Debt Repayment: ₹1,023.51 lakh fully utilized
  • General Corporate Purpose: ₹797.17 lakh fully utilized

No deviation/variation in use of funds raised

Board of Directors Composition

As on 31st March 2026:

  • Mr. Bharat J. Pandya - Chairman & Managing Director (DIN: 00921775)
  • Mr. Anilkumar J. Pandya - Whole-time Director (DIN: 00921815)
  • Mr. Piyush J. Nathwani - Whole-time Director
  • Ms. Anal R. Desai - Independent Director
  • Mr. Utsav M. Shah - Independent Director
  • Ms. Jaina Y. Mehta - Independent Director (upto 7th July 2026)

Changes during year:

  • Ms. Jaina Y. Mehta resigned as Independent Director w.e.f. 7th July 2026
  • Mr. Asim Pandya appointed as Additional Director (Independent) w.e.f. 29th July 2026

Director Remuneration (FY2025-26)

  • Mr. Bharat J. Pandya: ₹36.00 lakh (no increase)
  • Mr. Anilkumar J. Pandya: ₹36.00 lakh (no increase)
  • Mr. Piyush M. Nathwani: ₹33.00 lakh (37.50% increase)

Key Managerial Personnel

  • Mr. Narayansingh J. Deora - Chief Financial Officer (₹9.00 lakh)
  • Mr. Parth B. Thakkar - Company Secretary & Compliance Officer (₹6.00 lakh)

Corporate Governance

Committees constituted:

  • Audit Committee: Mr. Utsav M. Shah (Chairman), Ms. Anal R. Desai, Mr. Bharat J. Pandya
  • Nomination and Remuneration Committee: Ms. Anal R. Desai (Chairperson), Mr. Utsav M. Shah, Ms. Jaina M. Mehta
  • Stakeholders' Relationship Committee: Ms. Anal R. Desai (Chairperson), Mr. Anilkumar J. Pandya, Ms. Jaina M. Mehta

Meetings held during FY2025-26:

  • Board of Directors: 7 meetings
  • Audit Committee: 4 meetings
  • Nomination and Remuneration Committee: 2 meetings
  • Stakeholders' Relationship Committee: 1 meeting

Statutory Appointments

  • Statutory Auditors: M/s. B K Chavda & Co. LLP, Chartered Accountants (appointed for 5 years till 34th AGM)
  • Secretarial Auditor: M/s. Nishant Pandya & Associates (FY2025-26), M/s. Kashyap R. Mehta & Partners appointed for FY2026-27
  • RTA: Bigshare Services Private Limited, Mumbai

Other Disclosures

  • Listing: SME Emerge Platform of BSE Limited (Listing fees paid upto 2026-27)
  • Bankers: Bandhan Bank Limited, Vadaj Branch, Ahmedabad
  • No material changes in financial position between 1st April 2026 and date of report
  • No instances of fraud reported by auditors under Section 143(12)
  • No sexual harassment complaints received during the year
  • CSR Spending: ₹10.41 lakh spent against obligation of ₹9.28 lakh (excess ₹1.13 lakh available for set-off)

E-voting Arrangements

  • E-voting Period: 21st September 2026 (9:00 AM) to 23rd September 2026 (5:00 PM)
  • E-voting Agency: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Mr. Kashyap R. Mehta of Kashyap R. Mehta & Partners

Registered Office Details

Technichem Organics Limited

5th Floor, Malak Complex, B/h. Old High Court, Navrangpura, Ahmedabad-380009, Gujarat