Vadilal Industries Limited held an Extra-Ordinary General Meeting (EGM) on Tuesday, October 27, 2026, at 11:30 A.M. IST. The meeting was conducted through Video Conferencing (VC)/Other Audio Video Means (OAVM) facility in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mr. Nagarajan Sivaramakrishnan, Independent Director of the Company, chaired the meeting. Mrs. Rashmi Bhatt, Company Secretary, called the meeting to order after confirming quorum requirements were met. Mr. Manoj Hurkat, Practicing Company Secretary, was appointed as scrutinizer to oversee the e-voting process.
The single agenda item considered was Special Business Resolution 1: "To consider the approval for the execution of a sale and purchase agreement with Vadilal Enterprises Limited." This was an Ordinary Resolution.
The remote e-voting facility was available to shareholders from Saturday, October 24, 2026 (9:00 A.M.) to Monday, October 26, 2026 (5:00 P.M.) on the CDSL platform. Members present during the EGM who had not cast their votes remotely were allowed to vote during the meeting, with the e-voting facility remaining open until 15 minutes after the conclusion of the EGM.
The meeting included a Q&A session where registered speaker members asked questions and queries, which were replied to satisfactorily.
The meeting commenced at 11:30 A.M. and concluded at 11:45 A.M., lasting 15 minutes.
The results of the e-voting along with the scrutinizer's report will be communicated to BSE and NSE (where the company's equity shares are listed) and placed on the company's website (www.vadilalgroup.com) and stock exchange websites (www.nseindia.com and www.bseindia.com) within two working days from the conclusion of the meeting.
Financial Impact
Financial impact of the sale and purchase agreement with Vadilal Enterprises Limited not quantified in the disclosure.