Meeting Details

  • Type of Meeting: 36th Annual General Meeting (AGM)
  • Date of Meeting: September 17, 2026
  • Start Time: 12:30 PM
  • End Time: 12:55 PM
  • Record Date: September 10, 2026
  • Total Number of Shareholders on Record Date: 28,054

Shareholder Participation

  • Shareholders Present in Person or through Proxy: 0 (Both Promoters and Public)
  • Shareholders Attended through Video Conferencing:
  • Promoters and Promoter Group: 12
  • Public: 35

Proposed Resolutions and Voting Outcomes

Seven resolutions were passed at the meeting. The voting was conducted via e-voting; no votes were received through poll or postal ballot.

Resolution 2: Dividend Declaration

  • Description: To declare a dividend of Rs. 1.50 per equity share for the year ended March 31, 2026.
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Promoter & Promoter Group: 60,249,160 votes (100% of shares held) voted 100% in favor.
  • Public Institutions: 16,769 votes (100% of shares held) voted 100% in favor.
  • Public Non-Institutions: 13,081 votes (0.0651% of shares held) voted 98.4405% in favor, 1.5595% against.
  • Total: 60,279,010 votes (75.0077% of outstanding shares) voted 99.9997% in favor, 0.0003% against.
  • Result: Passed

Resolution 3: Re-appointment of Director

  • Description: To appoint Mr. Sachit Jain (DIN: 00746409), who retires by rotation under Section 152(6) of the Companies Act, 2013, and offers himself for re-appointment.
  • Resolution Type: Ordinary
  • Promoter Interest: Yes
  • Voting Results:
  • Promoter & Promoter Group: 60,249,160 votes (100%) voted 100% in favor.
  • Public Institutions: 16,769 votes (100%) voted 100% against.
  • Public Non-Institutions: 13,081 votes (0.0651%) voted 98.4711% in favor, 1.5289% against.
  • Total: 60,279,010 votes (75.0077%) voted 99.9718% in favor, 0.0282% against.
  • Result: Passed

Resolution 5: Remuneration Approval

  • Description: To approve annual remuneration payable to a single non-executive director in excess of the limit of 50% of the total annual remuneration payable to all non-executive directors.
  • Resolution Type: Special
  • Promoter Interest: No
  • Voting Results:
  • Promoter & Promoter Group: 60,249,160 votes (100%) voted 100% in favor.
  • Public Institutions: 16,769 votes (100%) voted 100% in favor.
  • Public Non-Institutions: 13,081 votes (0.0651%) voted 96.1547% in favor, 3.8453% against.
  • Total: 60,279,010 votes (75.0077%) voted 99.9992% in favor, 0.0008% against.
  • Result: Passed

Resolution 6: Continuation of Directorship

  • Description: To approve the continuation of directorship of Mr. Bal Krishan Choudhary as a Non-Executive Director.
  • Resolution Type: Special
  • Promoter Interest: No
  • Voting Results:
  • Promoter & Promoter Group: 60,249,160 votes (100%) voted 100% in favor.
  • Public Institutions: 16,769 votes (100%) voted 100% in favor.
  • Public Non-Institutions: 13,081 votes (0.0651%) voted 98.4481% in favor, 1.5519% against.
  • Total: 60,279,010 votes (75.0077%) voted 99.9997% in favor, 0.0003% against.
  • Result: Passed

Voting Process and Scrutinizer

  • Voting Method: E-voting was the sole method used; no physical polling or postal ballot was conducted.
  • Scrutinizer: Ashwani Kumar Khanna (CS, Membership No. 3254) of Khanna Ashwani & Associates was appointed by the Board on July 28, 2026, and issued his report to the company on September 17, 2026.
  • Invalid Votes: The document indicates no invalid votes across all shareholder categories.

Compliance and Signatories

  • The disclosure confirms compliance with the Companies Act, 2013, and SEBI LODR Regulations.
  • The document is signed by Satin Katyal, Company Secretary, for Vardhman Acrylics Limited.

General Company Information

  • Company Address: Chandigarh Road, Ludhiana-141010, Punjab