Meeting Details

  • Meeting Type: 40th Annual General Meeting (AGM)
  • Date: Friday, 5th June, 2026
  • Time: 3:30 p.m. to 4:20 p.m. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Cut-off Date: 29th May, 2026
  • Total Shareholders: 39,783

Voting Process and Methods

  • Remote e-voting period: Tuesday, 2nd June, 2026 at 9:00 a.m. to Thursday, 4th June, 2026 at 5:00 p.m.
  • E-voting at AGM: Available for members who hadn't voted remotely, open until 15 minutes after meeting closure
  • Voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Shri Mitesh Dhabliwala, Practising Company Secretary (FCS: 8331, CP No.: 9511)
  • No physical attendance: All participation was virtual
  • Shareholder participation: 24 promoters and 24 public shareholders attended via VC

Proposed Resolutions and Voting Outcomes

Ordinary Business

1. Adoption of Audited Financial Statements for FY ended 31st March, 2026

  • Resolution Type: Ordinary
  • Total votes cast: 90,32,866
  • Votes in favor: 90,32,861 (99.9999%)
  • Votes against: 5 (0.0001%)
  • Invalid votes: 0

2. Declaration of Dividend on Equity Shares for FY ended 31st March, 2026

  • Resolution Type: Ordinary
  • Total votes cast: 90,32,866
  • Votes in favor: 90,32,866 (100.00%)
  • Votes against: 0
  • Invalid votes: 0

3. Re-appointment of Shri N.K. Parekh (DIN: 00111518) as Director liable to retire by rotation

  • Resolution Type: Special
  • Total votes cast: 90,32,866
  • Votes in favor: 90,30,961 (99.9789%)
  • Votes against: 1,905 (0.0211%)
  • Invalid votes: 0

Special Business

4. Approval of Material Related Party Transactions with Pidilite Industries Limited

  • Resolution Type: Ordinary
  • Total votes cast: 2,03,633
  • Votes in favor: 2,01,728 (99.0645%)
  • Votes against: 1,905 (0.9355%)
  • Invalid votes: 0

5. Re-appointment of Shri M.B. Parekh (DIN: 00180955) as Managing Director

  • Resolution Type: Special
  • Total votes cast: 90,32,866
  • Votes in favor: 90,30,961 (99.9789%)
  • Votes against: 1,905 (0.0211%)
  • Invalid votes: 0

6. Approval for payment of commission to Non-Executive Directors

  • Resolution Type: Special
  • Total votes cast: 90,32,866
  • Votes in favor: 90,30,961 (99.9789%)
  • Votes against: 1,905 (0.0211%)
  • Invalid votes: 0

7. Re-appointment of Shri P.D. Shah (DIN: 00286277) as Independent Director for second term

  • Resolution Type: Special
  • Total votes cast: 90,32,866
  • Votes in favor: 90,32,861 (99.9999%)
  • Votes against: 5 (0.0001%)
  • Invalid votes: 0

Participation Breakdown by Shareholder Category

Resolution 1 (Financial Statements Adoption)

  • Promoter & Promoter Group: 88,29,233 votes (100% in favor)
  • Public Institutions: 0 votes
  • Public Non-Institutions: 2,03,633 votes (99.9975% in favor, 0.0025% against)

Resolution 4 (Related Party Transactions)

  • Promoter & Promoter Group: 0 votes (abstained due to interest)
  • Public Institutions: 0 votes
  • Public Non-Institutions: 2,03,633 votes (99.0645% in favor, 0.9355% against)

Scrutinizer's Role and Findings

Shri Mitesh Dhabliwala was appointed scrutinizer to conduct the remote e-voting process and scrutinize e-voting during the AGM. He submitted a consolidated report confirming:

  • All voting was conducted through NSDL's e-voting system
  • No invalid votes were cast in any resolution
  • The management complied with all requirements of the Companies Act and rules relating to remote e-voting
  • Results were based on data downloaded from the NSDL e-voting system

Compliance with Regulations

The meeting was conducted in accordance with:

  • Companies Act, 2013 and Rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars including General Circular No. 09/2025 dated September 22, 2025
  • SEBI Circulars including Master Circular No. SEBI/HO/CFD/POD2/CIR/P/2023/120 dated July 11, 2023
  • Circular No. SEBI/HO/CFD/CFD-POD-2/P/CIR/2023/167 dated October 07, 2023
  • Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024

Additional Information

  • The Notice convening the AGM and Annual Report were circulated to members in advance
  • Auditors' Report and Secretarial Auditors' Report contained no qualifications/adverse remarks
  • Necessary registers and documents were made available for inspection by members
  • 9 shareholders spoke/raised queries during the meeting
  • Voting results are available on company website (www.vinylchemicals.com) and NSDL website (www.evoting.nsdl.com)