Meeting Details
The 37th Annual General Meeting of Vinati Organics Limited was held on Wednesday, September 23, 2026 through Video Conferencing/Other Audio-Visual Means without physical presence of members. The Registered Office of the Company was deemed to be the venue for the AGM.
Proposed Resolutions and Implications
Five resolutions were proposed for shareholder approval:
1. Ordinary Resolution: Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Declaration of final dividend of ₹8.50 per equity share of ₹1 each fully paid up for financial year ended March 31, 2026
3. Ordinary Resolution: Re-appointment of Ms. Viral Saraf Mittal (DIN: 02666028) as director who retires by rotation
4. Ordinary Resolution: Ratification of remuneration payable to Cost Auditor for Financial Year 2026-27
5. Special Resolution: Revision in remuneration of Mr. Amit Thanawala (DIN: 10864545), Whole Time Director for remainder of his tenure effective from April 1, 2026
Voting Process and Methods
The voting was conducted through:
- Remote e-Voting: Provided by National Securities Depository Limited (NSDL) from September 18, 2026 (09:00 AM IST) to September 22, 2026 (05:00 PM IST)
- Insta e-Voting: Facility provided to shareholders present at AGM who had not cast votes through remote e-voting earlier
- Cut-off date for determining voting rights: Wednesday, September 16, 2026
Key Voting Outcomes
Overall Participation
- Total number of shareholders on record date: 85,099 folios
- Shareholders attended meeting through Video Conferencing: 58 (Promoters: 8, Public: 50)
- Total votes polled: 89,112,889 shares (85.9618% of outstanding shares)
Resolution-wise Results
Resolution 1: Adoption of Financial Statements (Ordinary)
- Total votes in favor: 89,112,844 (99.9999% of votes polled)
- Votes against: 45 (0.0001% of votes polled)
- Invalid votes: Nil
Resolution 2: Dividend Declaration (Ordinary)
- Total votes in favor: 89,112,834 (100.0000% of votes polled)
- Votes against: 41 (0.0000% of votes polled)
- Invalid votes: Nil
Resolution 3: Re-appointment of Director (Ordinary)
- Total votes in favor: 89,071,995 (99.9541% of votes polled)
- Votes against: 40,880 (0.0459% of votes polled)
- Invalid votes: Nil
Resolution 4: Cost Auditor Remuneration (Ordinary)
- Total votes in favor: 89,112,692 (99.9998% of votes polled)
- Votes against: 183 (0.0002% of votes polled)
- Invalid votes: Nil
Resolution 5: Director Remuneration Revision (Special)
- Total votes in favor: 89,099,105 (99.9851% of votes polled)
- Votes against: 13,310 (0.0149% of votes polled)
- Invalid votes: 460 votes from 1 member
Category-wise Voting Breakdown
Promoter and Promoter Group (77,004,774 shares)
- 100% participation through e-voting
- 100% voted in favor on all resolutions
Public Institutions (13,242,345 shares)
- 87.8892% participation through e-voting
- Nearly unanimous support (99.6876-100% in favor across resolutions)
Public Non-Institutions (13,418,513 shares)
- 3.4990-3.4991% participation through e-voting
- Strong support (99.0364-99.9913% in favor across resolutions)
Scrutinizer's Role and Findings
Mr. Vijay Kumar Mishra, Partner of M/s. VKM & Associates, Practising Company Secretaries, was appointed as Scrutinizer to receive, process, and scrutinize the e-voting process. The scrutinizer:
- Verified the remote e-voting conducted through NSDL platform
- Supervised the Insta e-voting during the AGM
- Consolidated results from both voting methods
- Confirmed all resolutions passed with requisite majority
- Will retain electronic voting records until minutes are approved, then hand over to Company Secretary
Compliance Confirmation
The voting process complied with:
- Section 108 of Companies Act, 2013
- Rule 20 of Companies (Management and Administration) Rules, 2014
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA General Circulars dated April 08, 2020; April 13, 2020; May 05, 2020; May 05, 2022; December 28, 2022; September 25, 2023; September 19, 2024; and September 22, 2025
Additional Information
- Voting results and scrutinizer report available on company website (www.vinatiorganics.com) and NSDL website (www.evoting.nsdl.com)
- Total number of outstanding shares: 103,665,632
- Voting rights were proportional to shareholding as on cut-off date (September 16, 2026)
- Public Non-Institutions category includes shares held in Unclaimed Suspense Account and by IEPF Authority where voting rights are frozen