Aksharchem opens remote e-voting to appoint Whole Time Director

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.

Platform	URL
Company Website	www.aksharchemindia.com
BSE Website	www.bseindia.com
NSE Website	www.nseindia.com
E-voting Agency (NSDL)	www.evoting.nsdl.com

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+12.92%	+22.80%	+25.55%	-1.21%	+1.20%	-30.91%

Aksharchem (India) Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company recorded a net loss of Rs 43.86 lakh for the full year, a significant shift from the net profit of Rs 477.04 lakh posted in the previous fiscal year. Revenue from operations for FY26 increased to Rs 37,243.00 lakh from Rs 34,626.52 lakh in the corresponding period last year.

For the quarter ended March 31, 2026, the company reported a net profit of Rs 483.50 lakh. This compares to a net profit of Rs 138.71 lakh in the same quarter of the previous year. Revenue from operations for the quarter rose to Rs 10,578.66 lakh from Rs 9,073.80 lakh in Q4 FY25. The board noted that the statutory auditors issued an unmodified opinion on the financial results.

Financial Highlights

The financial performance for the year reflects the impact of exceptional items and deferred tax adjustments. The company recognized an exceptional item of Rs 169.61 lakh related to insurance claims received during the year. Total expenses for FY26 amounted to Rs 37,876.70 lakh, higher than the Rs 34,069.34 lakh recorded in the previous year.

Metric	FY 2025-26 (Rs in Lakhs)	FY 2024-25 (Rs in Lakhs)
Revenue from Operations	37,243.00	34,626.52
Total Income	37,262.78	34,651.98
Total Expenses	37,876.70	34,069.34
Net Profit/(Loss) for the period	(43.86)	477.04
Basic EPS (Rs)	(0.55)	5.94

Board Decisions and Dividend

The board of directors recommended a final dividend of Rs 0.50 per equity share, which is 5% of the face value of Rs 10 each. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. If approved, the payment will be dispatched within 30 days from the date of the AGM.

In addition to the financial results, the board approved the appointment of Mr. Devalkumar Indrabal Suthar as an Additional Director (Whole Time Director, Executive) for a term of three consecutive years effective May 21, 2026, subject to shareholder approval. The board also took note of the resignation of Mr. Ashok Dolatsinh Barot as Executive Director, effective the close of business hours on May 21, 2026.