This disclosure, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the outcomes of the Board of Directors meeting of Virgo Polymers India Limited held on Friday, 28th August 2026. The meeting commenced at 04:30 PM and concluded at 05:00 PM.
The Board considered and approved the following matters:
1. Annual General Meeting (AGM) Approval
- The 41st Annual General Meeting (AGM) for the financial year 2025-2026 will be held on Monday, September 28, 2026, at 11:30 AM (IST).
- The meeting will be conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM).
- The Board approved the notice for this AGM.
2. Report Approvals
- The Board took note of the Secretarial Audit Report for FY 2025-2026, issued by the company's Secretarial Auditor, Mrs. N. Srividhya, a Practicing Company Secretary.
- The Board approved the Board's Report, the Management Discussion and Analysis Report, and all associated annexures for the financial year ended 31st March 2026. These will be included in the Annual Report for FY 2025-26.
3. Record Date and Book Closure
- The Record Date for determining eligibility for the AGM has been fixed as Monday, September 21, 2026.
- The Register of Members will be closed from Tuesday, 22nd September 2026 to Monday, 28th September 2026 (both days inclusive) for the AGM.
4. Appointment of e-Voting Agency
- The Board approved the appointment of Central Depository Services (India) Limited (CDSL) as the e-Voting agency for the ensuing AGM.
5. Appointment of Scrutinizer
- The Board approved the appointment of M/s. Lakshmmi Subramanian & Associates, Practicing Company Secretaries, Chennai as the Scrutinizer for the e-Voting process at the AGM.
6. Re-appointment of Managing Director
- Based on the recommendations of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mr. Vivek Ramsisaria (DIN: 01942187) as the Managing Director of the company.
- The re-appointment is for a period of five consecutive years, from 1st October 2026 to 30th September 2031.
- The Board also approved the remuneration payable to him in connection with this re-appointment.
- Both the re-appointment and the remuneration are subject to the approval of the shareholders at the ensuing AGM.
Annexure: Director Disclosure for Mr. Vivek Ramsisaria
As required under SEBI regulations, the following details were provided in an annexure:
- Name: Mr. Vivek Ramsisaria
- DIN: 01942187
- Reason for Change: Re-appointment as Managing Director.
- Term: 1st October 2026 to 30th September 2031 (subject to shareholder approval).
- Qualification: MBA Finance.
- Brief Profile: He has extensive experience in financial management, risk assessment, and strategic planning. He has contributed to key financial decisions and plays an active role in guiding the company's financial and governance strategies.
- Relationship with other Directors: Mrs. Mamta Ramsisaria and Mr. Varun Ramsiaria, Whole-Time Directors of the company, are relatives of Mr. Vivek Ramsisaria.
- The disclosure confirms that Mr. Ramsisaria is not debarred from holding office as a director by any SEBI order or other authority.