Apcotex Industries Limited shareholders approved the re-appointment of Mr. Ravishankar Sharma as Executive Director for a period of two years effective from May 1, 2026, during its 40th Annual General Meeting held on June 25, 2026. The meeting, conducted via video conferencing, also sanctioned the continuation of Mr. Atul Choksey's directorship as Non-Executive Non-Independent Director after he attained the age of 75 years. These decisions were taken under the provisions of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-Appointment Details

Mr. Ravishankar Sharma's previous term ended on April 30, 2026. He has been re-appointed for a term commencing on May 1, 2026, and concluding on April 30, 2028. A Chemical Engineer from Laxminarayan Institute of Technology, Nagpur, and holding a PGDBM from Goa Institute of Management, Mr. Sharma brings over 35 years of experience in Production, Projects, Specialty Chemicals & Manufacturing.

Directorship Continuation

Shareholders approved the continuation of Mr. Atul Choksey as a Non-Executive Non-Independent Director, designated as Chairman, in accordance with Regulation 17(1A) of the SEBI LODR Regulations. Mr. Choksey, a Chemical Engineer from the Illinois Institute of Technology, Chicago, has extensive leadership experience, including serving as the Managing Director of Asian Paints Limited from April 1984 to August 1997. He is related to Mr. Amit Choksey and Mr. Abhiraj Choksey.

Meeting Proceedings

The AGM commenced at 11:00 AM and concluded at 11:57 AM. The resolutions were passed with a significant majority, as scrutinized by M/s. D. S. Momaya & Co. LLP. The statutory auditors' report for the financial year 2025-26 contained no qualifications, reservations, or adverse remarks.

Apcotex Industries Limited will hold its 40th Annual General Meeting (AGM) on Thursday, June 25, 2026, at 11:00 am IST through Video Conference (VC) or Other Audio-Visual Means (OAVM). The meeting will be conducted without a physical venue in compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI) circulars. The company has dispatched the Notice of AGM and the Annual Report for the financial year 2025-26 to members whose email addresses are registered with the company or depository participants.

In accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company sent letters to shareholders whose email addresses are not registered with the company, Registrar & Share Transfer Agent, or depository participants. These letters provide the web-link and exact path on the company's website where the Annual Report for FY 2025-26 can be accessed. The Annual Report is also available on the websites of National Securities Depository Limited (NSDL), BSE Limited, and National Stock Exchange of India Limited.

Shareholders can cast their votes on all resolutions using the remote e-voting facility provided by NSDL. The remote e-voting period commences on Monday, June 22, 2026, at 9:00 am IST and concludes on Wednesday, June 24, 2026, at 5:00 pm IST. Members who vote remotely may attend the AGM but will not be eligible to vote again during the meeting.

The voting rights of members are proportionate to the equity shares held as of the cut-off date, Thursday, June 18, 2026. Physical shareholders and non-individual shareholders who have not registered their email addresses must follow instructions in the notice to obtain login credentials for voting and attending the meeting. Individual shareholders who acquire shares after the notice dispatch but hold them as of the cut-off date can request user IDs from NSDL.

Key Dates for Apcotex Industries AGM

The meeting complies with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.