Bodal Chemicals Ltd held its 40th Annual General Meeting on September 25, 2026, via video conferencing. Shareholders adopted the audited financial statements for FY26 and appointed Ankit S Patel as a director.

The meeting commenced at 12:07 pm and concluded at 12:26 pm. Suresh J Patel, Chairman and Managing Director, chaired the session. The notice convening the AGM and the annual report for the year ended March 31, 2026, were taken as read as they had been circulated to members previously.

Key resolutions passed

Shareholders transacted both ordinary and special business through remote e-voting and electronic voting during the meeting. The following items were approved:

• Adoption of audited standalone and consolidated financial statements for FY26, along with Board and Auditor reports.
• Reappointment of Ankit S Patel (DIN: 02173231), who retired by rotation and was eligible for reappointment.
• Ratification of remuneration for Cost Auditors for FY27.

Voting and scrutiny details

The remote e-voting period ran from September 22, 2026, to September 24, 2026. Members who did not vote remotely were allowed to cast votes electronically during the AGM. Tapan Shah, Practicing Company Secretary, served as the scrutinizer to ensure a fair and transparent voting process under Section 109 of the Companies Act, 2013.

Mayur B Padhya, Chief Financial Officer, responded to shareholder queries on behalf of the Chairman. The company will disclose the consolidated voting results separately to stock exchanges and its website.

Bodal Chemicals disclosed that Ashokkumar Giriraj Bansal acquired 1,75,000 equity shares in the open market on September 11, 2026. The transaction increases his stake to 5.01% of the company’s total voting capital.

The acquisition was made in the open market and involves plain equity shares carrying voting rights. There were no warrants, convertible securities, or encumbrances associated with the purchase.

Shareholding Details

Before the transaction, Ashokkumar Giriraj Bansal held 61,30,000 shares, representing 4.87% of the total share capital. The addition of 1,75,000 shares brings his total holding to 63,05,000 shares.

The target company’s total equity share capital remains unchanged at 1,25,944,065 equity shares of Re. 2/- each, aggregating ₹25,18,88,130.

Regulatory Disclosure

The disclosure was filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that Ashokkumar Giriraj Bansal does not belong to the promoter or promoter group of Bodal Chemicals Limited. No persons acting in concert (PAC) were reported alongside the acquirer.