Caprolactam Chemical Limited has successfully concluded its postal ballot process with unanimous shareholder approval across all proposed resolutions. The company announced the results on 30th March, 2026, following the scrutinizer's report submission.

Postal Ballot Overview

The postal ballot process was initiated through a notice dated 25th February, 2026, with voting conducted from 28th February, 2026 at 10:00 a.m. (IST) to 29th March, 2026 at 5:00 p.m. (IST). Mr. Rahul Shivji Gori served as the appointed scrutinizer for the entire process.

Resolutions and Voting Results

All four resolutions received identical voting support, demonstrating strong shareholder confidence in the company's proposals:

Detailed Voting Analysis

The voting pattern revealed that participation came exclusively from the Public-Non Institutions category, which holds 2092947 shares out of the company's total 4600000 shares. The 147487 shares voted represented 7.0469% of the outstanding shares in this category.

Key Resolution Details

The approved resolutions encompass critical governance and operational matters:

• Executive Remuneration: Both special resolutions address compensation adjustments for senior leadership, including the Chief Financial Officer cum Whole-Time Director and Managing Director
• Related Party Transactions: The ordinary resolutions cover property leasing arrangements and consultancy fee structures with related parties
• Promoter Interest: All resolutions involved promoter group interests, as disclosed in the voting documentation

Corporate Governance Compliance

The postal ballot results were announced in accordance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company maintained full transparency throughout the process, with detailed voting breakdowns provided for each shareholder category including Promoter and Promoter Group, Public Institutions, and Public-Non Institutions.

Caprolactam Chemicals Limited successfully concluded its 35th Annual General Meeting on September 24, 2024, with all proposed resolutions receiving unanimous shareholder approval. The meeting was conducted through video conference at 11:30 a.m., with scrutinizer Rahul Gori overseeing the voting process to ensure compliance with the Companies Act, 2013.

Voting Process and Participation

The remote e-voting facility was made available to shareholders from September 19, 2024, at 09:00 am until September 23, 2024, at 05:00 pm. The cut-off date for determining eligible voters was set as September 17, 2024. A total of 24 members participated in the voting process, representing 2491005 votes across all resolutions.

Resolution Results

All four agenda items received complete unanimous support from shareholders, with no votes cast against any resolution and no abstentions recorded.

Ordinary Resolutions

Item 1 - Adoption of Financial Statements: The resolution to consider and adopt the Annual Audited Financial Statements for the financial year ended March 31, 2024, along with the Board of Directors' and Auditors' reports, was approved unanimously.

Item 2 - Director Re-appointment: Mrs. Zaver Shankarlal Bhanushali (DIN: 00663374), who retired by rotation under section 152(6), was re-appointed as director with unanimous shareholder approval.

Special Resolutions

Item 3 - Independent Director Appointment: Mr. Viren Jaysukhlal Jasani (DIN: 09445555) was appointed as Independent Director for a first term of 5 years, not liable to retire by rotation.

Item 4 - Independent Director Appointment: Mr. Kamlesh Damji Joisher (DIN: 00510086) was appointed as Independent Director for a first term of 5 years, not liable to retire by rotation.

Scrutinizer Oversight

Rahul Gori, appointed as scrutinizer by the Board of Directors pursuant to section 108 of the Companies Act, 2013, conducted the voting process oversight. The scrutinizer ensured fair and transparent voting procedures for both remote e-voting and e-voting facilities during the AGM. Electronic data and relevant records were sealed and handed over to the authorized Company Secretary/Director for safekeeping.

The voting results demonstrate strong shareholder confidence in the company's governance and strategic direction, with complete consensus achieved across all proposed resolutions during the 35th AGM proceedings.