Meeting Details

  • Date: Saturday, September 12, 2026
  • Time: 11:00 a.m. IST
  • Mode: Video Conference/Other Audio Visual Means (VC/OAVM)
  • Record Date: September 4, 2026
  • Total Shareholders on Record Date: 12,693

Shareholder Participation

  • Promoters/Promoter Group attended through VC: 40 members
  • Public shareholders attended through VC: 44 members
  • Total shares outstanding: 30,000,000
  • Total votes cast: 21,778,423 shares (72.5947% of outstanding shares)

Voting Process

  • Remote e-voting period: September 8, 2026 (9:00 am) to September 11, 2026 (5:00 pm)
  • E-voting during AGM: Conducted on September 12, 2026
  • Scrutinizer: Dhrumil M Shah of Dhrumil M Shah & Co. LLP (Practising Company Secretary, Membership No. 8021)
  • Appointment date: May 29, 2026
  • Service provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Votes unblocked: After conclusion of e-voting period in presence of two witnesses

Resolution Details and Voting Outcomes

Ordinary Business

Resolution 1: To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

  • Type: Ordinary
  • Promoter interest: No
  • Total votes polled: 21,778,423 (72.5947%)
  • In favor: 21,777,619 (99.9963%)
  • Against: 804 (0.0037%)
  • Result: Passed

Resolution 2: To declare Dividend on Equity Shares for FY ended March 31, 2026

  • Type: Ordinary
  • Promoter interest: No
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,776,307 (99.9504%)
  • Against: 10,804 (0.0496%)
  • Result: Passed

Resolution 3: Re-appointment of Mr. Varun A. Udeshi (DIN: 02210711) as Director retiring by rotation

  • Type: Ordinary
  • Promoter interest: No
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,773,307 (99.9366%)
  • Against: 13,804 (0.0634%)
  • Result: Passed

Special Business

Resolution 4: Approval of Material Related Party Transactions with Ihsedu Agrochem Private Limited

  • Type: Ordinary
  • Promoter interest: Yes (promoters not entitled to vote)
  • Total votes polled: 16,489,41 (54.965% - calculated from data)
  • In favor: 16,451,37 (99.7693%)
  • Against: 3,804 (0.2307%)
  • Result: Passed

Resolution 5: Approval of Material Related Party Transactions pertaining to Subsidiary(s)

  • Type: Ordinary
  • Promoter interest: Yes (promoters not entitled to vote)
  • Total votes polled: 16,489,41 (54.965%)
  • In favor: 16,451,37 (99.7693%)
  • Against: 3,804 (0.2307%)
  • Result: Passed

Resolution 6: Re-appointment of Mr. Abhay V. Udeshi (DIN: 00355598) as Chairman and Whole-time Director

  • Type: Special
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,776,307 (99.9504%)
  • Against: 10,804 (0.0496%)
  • Result: Passed

Resolution 7: Re-appointment of Mr. Hemant V. Udeshi (DIN: 00529329) as Managing Director

  • Type: Special
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,773,307 (99.9366%)
  • Against: 13,804 (0.0634%)
  • Result: Passed

Resolution 8: Re-appointment of Dr. Subhash V. Udeshi (DIN: 00355658) as Joint Managing Director

  • Type: Special
  • Promoter interest: No
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,773,307 (99.9366%)
  • Against: 13,804 (0.0634%)
  • Result: Passed

Resolution 9: Re-appointment of Mr. Varun A. Udeshi (DIN: 02210711) as Whole-time Director

  • Type: Special
  • Promoter interest: No
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,773,307 (99.9366%)
  • Against: 13,804 (0.0634%)
  • Result: Passed

Resolution 10: Appointment of Mr. Dinesh M. Kapadia (DIN: 11803173) as Whole-Time Director

  • Type: Special
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,773,307 (99.9366%)
  • Against: 13,804 (0.0634%)
  • Result: Passed

Resolution 11: Appointment of Mr. Nilesh Bhadrakumar Shah (DIN: 00322766) as Independent Director

  • Type: Special
  • Promoter interest: No
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,776,307 (99.9504%)
  • Against: 10,804 (0.0496%)
  • Result: Passed

Resolution 12: Appointment of Mr. Dhayvat H. Udeshi under Section 188 of Companies Act, 2013

  • Type: Ordinary
  • Promoter interest: Yes (related parties not entitled to vote)
  • Total votes polled: 17,306,489 (57.6883%)
  • In favor: 17,282,923 (99.8638%)
  • Against: 23,566 (0.1362%)
  • Result: Passed

Resolution 13: Ratification of remuneration of Cost Auditor for FY 2026-2027

  • Type: Ordinary
  • Promoter interest: No
  • Total votes polled: 21,787,111 (72.6237%)
  • In favor: 21,786,307 (99.9963%)
  • Against: 804 (0.0037%)
  • Result: Passed

Scrutinizer's Report

  • Scrutinizer: Dhrumil M. Shah, Partner of Dhrumil M. Shah & Co. LLP
  • Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013
  • Report date: September 12, 2026
  • Voting period: Remote e-voting from September 8-11, 2026; e-voting during AGM on September 12, 2026
  • Cut-off date: September 4, 2026
  • Voting rights: Proportional to shareholding as on cut-off date
  • Certification: All resolutions passed with requisite majority
  • Data custody: Electronic records remain with scrutinizer until minutes approval

Compliance Statement

  • Conducted in compliance with SEBI (LODR) Regulations, 2015
  • Follows Companies Act, 2013 and Companies (Management and Administration) Rules, 2014
  • Related party voting restrictions applied as per Regulation 23(4) of Listing Regulations and Section 188 of Companies Act

Mathematical Verification Note

Some percentage calculations in the source document show minor discrepancies (e.g., Resolution 4 total votes polled percentage appears inconsistent with share numbers). The summary reports figures exactly as presented in the source document without recalculation.