Event Overview

Vishnu Chemicals Limited held its 33rd Annual General Meeting (AGM) on Friday, August 28, 2026, at 11:00 AM IST through Video Conferencing (VC) facility. The meeting was conducted in compliance with Ministry of Corporate Affairs circulars (14/2020, 17/2020, 20/2020, and 03/2025) and SEBI Listing Regulations. The meeting concluded at 12:08 PM IST.

Meeting Attendance and Participation

  • Total shareholders present through VC: 83 (3 Promoter and Promoter Group, 80 Public)
  • No physical meeting or proxy arrangement was made due to the virtual format
  • Key attendees: Mr. Ch. Krishna Murthy (Chairman), Mrs. Ch. Manjula (Non-Executive Director), Mr. Naga Bhushan Bhagwati (Independent Director), Mr. Mahesh Bhatter (CFO), Ms. Vibha Shinde (Company Secretary & Compliance Officer)
  • Mr. Ch. Siddartha (Joint Managing Director) and Mrs. Sita Vanka (Independent Director) attended remotely
  • Mr. L. Dhanamjay Reddy of M/s. L.D Reddy & Co. served as Scrutinizer

Voting Process and Methodology

  • Remote e-voting facility was provided through CDSL from August 25, 2026 (9:00 AM) to August 27, 2026 (5:00 PM)
  • Additional remote e-voting was available during the AGM for shareholders who hadn't voted previously
  • Cut-off date for shareholder eligibility: August 21, 2026
  • Total outstanding shares: 67,315,284

Resolutions Considered and Voting Results

All six resolutions were declared passed with requisite majority:

Item 1: Adoption of Financial Statements (Ordinary Resolution)

  • To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY 2025-26
  • Total votes polled: 52,086,950 (77.38% of outstanding shares)
  • Votes in favor: 52,086,905 (99.9999% of votes polled)
  • Votes against: 45 (0.0001% of votes polled)

Item 2: Final Dividend Declaration (Ordinary Resolution)

  • To declare final dividend of ₹0.30 per equity share of ₹2 each (15%) for FY 2025-26
  • Total votes polled: 52,086,950 (77.38% of outstanding shares)
  • Votes in favor: 52,086,901 (99.9999% of votes polled)
  • Votes against: 49 (0.0001% of votes polled)

Item 3: Re-appointment of Director (Ordinary Resolution)

  • To appoint Mrs. Ch. Manjula (DIN: 01546339) who retires by rotation
  • Promoter group interested in this resolution: Yes
  • Total votes polled: 52,086,950 (77.38% of outstanding shares)
  • Votes in favor: 51,951,299 (99.7396% of votes polled)
  • Votes against: 135,651 (0.2604% of votes polled)

Item 4: Appointment of Statutory Auditors (Ordinary Resolution)

  • To approve appointment of M/s M. Anandam & Co, Chartered Accountants, Hyderabad as Statutory Auditors for first term of five years
  • Total votes polled: 52,086,950 (77.38% of outstanding shares)
  • Votes in favor: 52,086,900 (99.9999% of votes polled)
  • Votes against: 50 (0.0001% of votes polled)

Item 5: Re-appointment of Independent Director (Special Resolution)

  • To approve re-appointment of Mr. Nagabhushan Bhagwati (DIN: 01564347) as Independent Director
  • Total votes polled: 52,086,950 (77.38% of outstanding shares)
  • Votes in favor: 52,086,395 (99.9989% of votes polled)
  • Votes against: 555 (0.0011% of votes polled)

Item 6: Ratification of Cost Auditor Remuneration (Ordinary Resolution)

  • To ratify payment of remuneration to Cost Auditors for FY 2026-27
  • Total votes polled: 52,086,950 (77.38% of outstanding shares)
  • Votes in favor: 52,086,900 (99.9999% of votes polled)
  • Votes against: 50 (0.0001% of votes polled)

Scrutinizer Report Details

Mr. L. Dhanamjaya Reddy, Practicing Company Secretary, submitted the Consolidated Scrutinizer's Report dated August 28, 2026. The report detailed vote counts for each resolution from both remote e-voting prior to the AGM and during the AGM:

  • Item 1: 223 shareholders assented (52,086,905 shares), 3 dissented (45 shares)
  • Item 2: 222 shareholders assented (52,086,901 shares), 4 dissented (49 shares)
  • Item 3: 208 shareholders assented (51,951,299 shares), 18 dissented (135,651 shares)
  • Item 4: 222 shareholders assented (52,086,900 shares), 4 dissented (50 shares)
  • Item 5: 221 shareholders assented (52,086,395 shares), 5 dissented (555 shares)
  • Item 6: 222 shareholders assented (52,086,900 shares), 4 dissented (50 shares)

Additional Information

  • The voting results and Scrutinizer's Report are available on the company's website at www.vishnuchemicals.com
  • The meeting included a presentation by the Chairman covering industry overview, company performance for FY 2025-26, and future opportunities
  • Shareholders were given opportunity to ask questions and seek clarifications on operational and financial performance