Regulation 44 Disclosure: Kothari Petrochemicals Limited 37th AGM Notice and Annual Report 2025-26
Meeting Details
- Date: Friday, 14th August 2026
- Time: 11:00 A.M.
- Location: Conducted through Video Conference (VC) / Other Audio Visual Means (OAVM)
- Type: 37th Annual General Meeting
- Deemed Venue: Registered Office at "Kothari Buildings", No. 115, Mahatma Gandhi Salai, Nungambakkam, Chennai - 600 034
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Financial Statements: To consider and adopt the Audited Financial Statements for FY 2025-2026, Reports of Auditors, and Board of Directors' Report
2. Director Reappointment: To appoint Mr. Arjun B. Kothari (DIN: 07117816) who retires by rotation and offers himself for re-appointment
Special Business
3. Ratification of Cost Auditor Remuneration: Ordinary Resolution to ratify payment of ₹1,00,000 plus applicable taxes to M/s. P. Raju Iyer, M. Pandurangan & Associates for cost audit of Poly Iso Butylene unit for 2026-2027
4. Commission to Non-Executive Chairperson: Special Resolution to approve payment of commission of 1% of Net Profits (max ₹1,00,00,000) to Mrs. Nina B. Kothari for FY 2026-2027
Voting Process and Methods
- Remote E-voting Period: Monday, 10th August 2026 (9:00 A.M.) to Thursday, 13th August 2026 (5:00 P.M.)
- Cut-off Date: Friday, 7th August 2026
- E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
- Voting Methods:
- Remote e-voting via www.evotingindia.com
- E-voting during AGM for shareholders attending virtually
- Physical shareholders must use folio number for login
- Demat shareholders can vote through depository participants (CDSL/NSDL)
Key Voting Outcomes and Participation
- Scrutinizer Appointment: Mrs. Jamuna K. (M. No. A74911, COP No. 27669) of M/s. SJN & Associates appointed as Scrutinizer
- Result Declaration: Scrutinizer's report to be submitted within 2 days of AGM conclusion, with results declared by Chairperson and posted on company website and stock exchange
- Voting Rights: Proportional to shareholding as on cut-off date (7th August 2026)
Shareholder Participation Breakdown
- Register Closure: Saturday, 8th August 2026 to Friday, 14th August 2026 (both days inclusive)
- Shareholding Pattern (as on 31st March 2026):
- Promoters: 72.22% (BHK Trading LLP 61.57%, Nina B. Kothari 10.63%)
- Public: 27.78%
- Total Paid-up Capital: ₹5,884.64 lakhs (58,846,400 equity shares of ₹10 each)
- Dematerialized Shares: 98.47% of paid-up capital
Compliance with Laws and Regulations
The company confirms compliance with:
- Companies Act, 2013 and rules thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standards issued by ICSI
- MCA Circulars allowing virtual AGMs
- All applicable tax and regulatory requirements
Financial Highlights (₹ in Lakhs)
| Particulars | 2025-26 | 2024-25 | 2023-24 | 2022-23 | 2021-22 |
| Gross Income | 60,049.84 | 58,882.77 | 60,413.29 | 48,858.02 | 38,606.84 |
| Profit After Tax | 7,249.00 | 6,581.78 | 6,378.41 | 3,917.69 | 3,288.51 |
| Net Fixed Assets | 22,008.95 | 20,976.23 | 13,067.21 | 12,346.80 | 10,935.70 |
| Shareholders Funds | 37,225.53 | 30,615.50 | 24,654.41 | 19,207.00 | 15,582.58 |
| EPS (₹) | 12.32 | 11.18 | 10.84 | 6.66 | 5.59 |
| Dividend % | 10.00% | - | 17.50% | 12.50% | - |
Operational Performance
- Production: 39,163 MT of Polyisobutylene (PIB) achieving 90.35% of annual plan
- Plant Operations: 358 days operated despite raw material supply constraints
- Safety Record: 13,126 accident-free days since inception
- Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001 maintained
- Export Revenue: ₹15,336.41 lakhs foreign exchange inflow
Dividend Information
- Interim Dividend: 10% (Re.1 per share) declared on 5th May 2026, payable by 3rd June 2026
- Unclaimed Dividend: Details provided for dividends from 2019 to 2026 with transfer dates to IEPF
- Payment Mode: Electronic only for physical folios after KYC compliance
Additional Information
- Investor Grievance Email: secdept@hckgroup.com
- Company Website: www.kotharipetrochemicals.com
- RTA: Cameo Corporate Services Limited
- Listing: NSE (Code: KOTHARIPET, ISIN: INE720A01015)
- Credit Rating: ICRA A+ (Stable) for long-term, ICRA A1+ for short-term facilities
The company has implemented all required procedures for the virtual AGM and ensured compliance with all regulatory requirements for the meeting and disclosures.