Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Vardhman Acrylics Limited

Meeting Details

The 36th Annual General Meeting was held on Thursday, 17th September, 2026. The meeting commenced at 12:30 p.m. and concluded at 12:55 p.m.

Voting Process and Methods

The Company provided both remote e-voting and electronic voting facility at the AGM.

  • Cut-off date for determining voting eligibility: 10th September, 2026
  • Remote e-voting commencement: 14th September, 2026 at 09:00 am
  • Remote e-voting end: 16th September, 2026 at 05:00 pm
  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Notice dissemination: Sent electronically per MCA Circulars dated 22nd September, 2025, 19th September, 2024, 25th September, 2023, 28th December, 2022, 05th May, 2022, 14th December, 2021, 05th May, 2020, 13th April, 2020 and 8th April, 2020
  • Public advertisement published in "Business Standard" (English) and "Desh Sewak" (Vernacular) on 26-08-2026

Proposed Resolutions and Voting Outcomes

Resolution 1: Ordinary Resolution

To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2026, together with Reports of Board of Directors and Auditors

  • Number of members voted: 59
  • Number of shares voted: 60,279,471 (75.01% of total paid-up capital)
  • Remote e-voting: 60,279,270 shares (100% assent)
  • Venue voting at AGM: 201 shares (100% assent)
  • Total assent: 60,279,271 shares (100%)
  • Result: PASSED

Resolution 2: Ordinary Resolution

To declare a dividend of ₹1.50 per equity share for the year ended March 31, 2026

  • Number of members voted: 58
  • Number of shares voted: 60,279,010 (75.01% of total paid-up capital)
  • Remote e-voting: 60,278,805 shares (55 members assent, 2 dissent)
  • Venue voting at AGM: 205 shares (1 member assent, 0 dissent)
  • Total assent: 60,278,806 shares (100%)
  • Total dissent: 204 shares (0%)
  • Result: PASSED

Resolution 3: Ordinary Resolution

To appoint Mr. Sachit Jain (DIN: 00746409) as Director who retires by rotation

  • Number of members voted: 58
  • Number of shares voted: 60,279,010 (75.01% of total paid-up capital)
  • Remote e-voting: 60,262,040 shares (55 members assent, 2 dissent)
  • Venue voting at AGM: 1 share (1 member assent, 0 dissent)
  • Total assent: 60,262,041 shares (99.97%)
  • Total dissent: 16,969 shares (0.3%)
  • Result: PASSED

Resolution 4: Ordinary Resolution

To appoint Mr. Bal Krishan Choudhary (DIN: 00307110) as Director who retires by rotation

  • Number of members voted: 58
  • Number of shares voted: 60,279,010 (75.01% of total paid-up capital)
  • Remote e-voting: 60,278,809 shares (56 members assent, 1 dissent)
  • Venue voting at AGM: 1 share (1 member assent, 0 dissent)
  • Total assent: 60,278,810 shares (100%)
  • Total dissent: 200 shares (0%)
  • Result: PASSED

Resolution 5: Special Resolution

To approve annual remuneration payable to a single non-executive director in excess of 50% limit

  • Number of members voted: 58
  • Number of shares voted: 60,279,010 (75.01% of total paid-up capital)
  • Remote e-voting: 60,278,506 shares (53 members assent, 4 dissent)
  • Venue voting at AGM: 1 share (1 member assent, 0 dissent)
  • Total assent: 60,278,507 shares (100%)
  • Total dissent: 503 shares (0%)
  • Result: PASSED

Resolution 6: Special Resolution

To approve continuation of directorship of Mr. Bal Krishan Choudhary as Non-Executive Director

  • Number of members voted: 58
  • Number of shares voted: 60,279,010 (75.01% of total paid-up capital)
  • Remote e-voting: 60,278,806 shares (55 members assent, 2 dissent)
  • Venue voting at AGM: 1 share (1 member assent, 0 dissent)
  • Total assent: 60,278,807 shares (100%)
  • Total dissent: 203 shares (0%)
  • Result: PASSED

Resolution 7: Ordinary Resolution

To ratify remuneration payable to Cost Auditors for financial year ending 31st March, 2027

  • Number of members voted: 59
  • Number of shares voted: 60,279,471 (75.01% of total paid-up capital)
  • Remote e-voting: 60,278,970 shares (55 members assent, dissent not specified)
  • Venue voting at AGM: 501 shares (1 member assent, 0 dissent)
  • Total assent: 60,278,971 shares (100%)
  • Total dissent: 500 shares (0%)
  • Result: PASSED

Scrutinizer Details

  • Name: Khanna Ashwani & Associates (CS Ashwani Kumar Khanna)
  • Scrutinizer Appointment: Board meeting held on 28th July, 2026
  • Peer Review Number: 7896/2026
  • UDIN: F003254H001524501
  • Date of Report: 17.09.2026
  • Place: Ludhiana

Compliance Confirmation

The scrutinizer confirmed that the company complied with requirements of the Companies Act, Rules, and MCA & SEBI circulars relating to remote e-voting and electronic voting. The scrutinizer maintains electronic registers received from the service provider and will hand over these records to the company.