Aksharchem (India) Limited has initiated the process to seek shareholder approval through a postal ballot for special business. The company will circulate the notice of the postal ballot, proposed resolutions, and explanatory statements in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant Ministry of Corporate Affairs circulars. The notice was published in newspapers on May 22, 2026.

The distribution of the postal ballot notice will be conducted exclusively through electronic mode. 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 voting instructions and necessary documents.

Registration Process for Email IDs

The company has outlined the procedure for shareholders to register or update their email addresses based on the mode of holding their shares:

Demat Mode

Shareholders holding shares in dematerialized form must contact their Depository Participant (DP) to register or update their email address as per the specific process advised by the DP.

Physical Mode

Shareholders holding shares in physical form who have not registered their email addresses with the company or the RTA can do so by submitting Form No. ISR-1, SH-13, or ISR-3. These forms are available on the RTA’s website. The completed forms can be submitted via hard copy or in-person verification at the RTA's office in Ahmedabad or through e-sign.

Availability of Documents

The notice of the postal ballot and all relevant annexures will be accessible on the following platforms:

The Registrar and Share Transfer Agent for the company is MUFG Intime India Private Limited. Shareholders are advised to complete the registration process promptly to ensure they receive the electronic notice and can participate in the voting process.

Aksharchem (India) Limited has informed the stock exchanges regarding the resignation of Mr. Ashok D. Barot from his position as Executive Director. The disclosure, made on May 13, 2026, was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

Mr. Barot's resignation is effective from the closure of business hours on May 21, 2026. In his resignation letter addressed to the Board of Directors, he stated that health considerations requiring his attention were the reason for his departure. The company has confirmed that there are no other material reasons for his resignation beyond those stated in his letter.

The key details of the change in directorship are summarised below:

Regulatory Compliance

The disclosure was filed by Mehul Naliyadhara, Company Secretary & Compliance Officer of Aksharchem (India) Limited. The company is headquartered at Arista 8, Behind Rajpath Club, Bodakdev, Ahmedabad, Gujarat – 380059. Mr. Barot expressed gratitude to his colleagues on the Board and management, and conveyed his best wishes for the company's continued success. He also requested the Board to intimate the stock exchanges and file the necessary forms with the Registrar of Companies in compliance with applicable laws.