AksharChem (India) Limited has successfully commissioned a ground-mounted solar power plant with a capacity of 2.4 MWp (DC) or 1.75 MWp (AC) at its factory in Dahej, Gujarat. The facility, located in Village Sardarpura, Ta: Jhagadiya, Dist. Bharuch, began generating power effective April 24, 2026. This move is part of the company's ongoing efforts to enhance its renewable energy portfolio and contribute to sustainable power generation initiatives.

The commissioning was confirmed via a Certificate of Commissioning dated May 12, 2026, received from the Gujarat Energy Development Agency (GEDA). The solar power generated will be utilized for captive consumption at the company's manufacturing unit. This development aligns with the company's strategy to integrate cleaner energy sources into its operations.

Project Details

The solar power plant specifications are as follows:

Aksharchem (India) Limited has initiated the remote e-voting process to seek shareholder approval for the appointment of Mr. Devalkumar Indrabal Suthar as Whole Time Director (Executive). The voting period commences on June 01, 2026, at 09:00 am and concludes on June 30, 2026, at 05:00 pm. Shareholders holding shares as on the cut-off date of May 22, 2026, are eligible to participate through the electronic mode facilitated by National Securities Depository Limited (NSDL).

The Board of Directors has appointed Mr. Bipin L. Makwana, Practicing Company Secretary, as the Scrutinizer to ensure the postal ballot process is conducted fairly. The company has confirmed that the postal ballot notice is being circulated exclusively via electronic mode in compliance with the Ministry of Corporate Affairs circulars. Consequently, physical copies of the notice and postal ballot forms will not be dispatched. Shareholders are required to ensure their email addresses are registered with the company, its Registrar and Share Transfer Agent (RTA), or their Depository Participants to receive the necessary voting instructions.

Appointment Details

The resolution seeks approval for the appointment of Mr. Devalkumar Indrabal Suthar (DIN: 11511925) for a tenure of three years commencing from May 21, 2026, to May 20, 2029. The remuneration package includes a consolidated salary of ₹126,620 per month, comprising a basic salary of ₹70,310 and other allowances. The appointment is subject to the approval of shareholders and is liable to retire by rotation.

E-Voting and Document Access

The remote e-voting module will be disabled by NSDL after the closing time on June 30, 2026. The results of the postal ballot will be announced within statutory timelines and posted on the company’s website and the stock exchange platforms.

Shareholders facing issues with e-voting can contact NSDL at 022-48867000 or 022-24997000, or via email at evoting@nsdl.com . MUFG Intime India Private Limited serves as the Registrar and Share Transfer Agent for the company. Shareholders are advised to complete the registration of their email IDs promptly to ensure they receive the electronic notice and can cast their votes.