AGM Details
The 39th Annual General Meeting of members is scheduled to be held on Tuesday, 25 August 2026 at 11:30 A.M. through Video Conference/Other Audio Visual Means without physical presence of members. The meeting will be conducted in compliance with Companies Act, 2013, SEBI Listing Regulations, 2015, and various MCA and SEBI circulars dated between May 2020 and October 2024.
Business Agenda
ORDINARY BUSINESS:
1. To receive, consider and adopt Audited Financial Statements for FY ended 31 March 2026 with Reports of Board of Directors and Auditors
2. To declare Final Dividend of ₹2 per equity share (on fully paid-up equity share of ₹10 each) for FY 2025-26
3. To re-appoint Shri Sunil Kumar Jain (DIN: 00117331) as Director retiring by rotation
4. To re-appoint Shri Manish Kumar Jain (DIN: 00357788) as Director retiring by rotation
SPECIAL BUSINESS:
5. To re-appoint Smt Seema Jain (DIN: 07158382) as Whole-time Director for 5 years from 20 August 2026 to 19 August 2031 with remuneration of ₹12,00,000 per annum
6. To re-appoint Shri Rajesh Pokerna (DIN: 00117365) as Managing Director for 5 years from 20 August 2026 with remuneration not exceeding ₹30,00,000 per annum
7. To appoint Shri Ravi Jain (DIN: 11720815) as Independent Director for 5 years from 28 May 2026
8. To approve Related Party Transactions with aggregate value limits
Financial Performance
The document discloses FY 2025-26 financial parameters:
- Total Income: ₹38.62 crore
- Profit Before Tax: ₹7.86 crore
- Profit After Tax: ₹5.78 crore
Dividend Information
The Board recommended Final Dividend of ₹2 per equity share for FY 2025-26. Record date for dividend payment is Tuesday, 18 August 2026. Dividend will be paid through electronic mode as mandated by SEBI Master Circular dated 7 May 2024. TDS will be deducted as applicable.
Shareholder Voting Arrangements
The company provides remote e-voting facility through CDSL from 22 August 2026 to 24 August 2026. Shareholders can vote electronically using their demat account credentials. Physical shareholders need to follow specific login procedures on www.evotingindia.com.
Related Party Transactions
Approval sought for transactions with related parties during period from AGM date to next AGM (not exceeding 15 months) with aggregate value limits:
- P&J Cretechem Private Limited (Holding Company): Sale of Goods (₹15 crore), Purchase of Goods (₹15 crore), Loans/Guarantees/Investments (₹25 crore)
- Taurus Chemicals Private Limited (Common Directors): Sale of Goods (₹5 crore), Purchase of Goods (₹5 crore)
Director Information
Shri Sunil Kumar Jain: Whole-time Director, B.Com graduate, associated since 2005, expertise in financial management and administration
Shri Manish Kumar Jain: Whole-time Director, B.Com graduate, associated for over 15 years, expertise in pharmaceuticals and chemicals
Smt Seema Jain: Whole-time Director since 2015, 56 years old, remuneration proposed ₹12,00,000 per annum
Shri Rajesh Pokerna: Managing Director since 2015, Commerce graduate, 60 years old, remuneration proposed ₹30,00,000 per annum
Shri Ravi Jain: New Independent Director appointment for 5 years from 28 May 2026
Register Closure
The Register of Members and Share Transfer Books will remain closed from 19 August 2026 to 25 August 2026 (both days inclusive) for dividend payment and AGM purposes.
Additional Information
Annual Report and AGM Notice uploaded on company website https://www.vrlindia.in/ as per Regulation 46 of SEBI Listing Regulations. Share Transfer Agent is CIL Securities Limited, Hyderabad.