CHD Chemicals Limited convened an Extra Ordinary General Meeting (EGM) on Monday, May 4, 2026, at 11:30 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), to seek shareholder approval for filling a casual vacancy in the position of Statutory Auditor. The vacancy arose following the resignation of M/s DSP & Associates (FRN - 006791N), Chartered Accountants, from the role. The voting results and Consolidated Scrutinizer's Report were subsequently filed with BSE Limited on May 6, 2026.

Voting Process and Timeline

The e-voting process was facilitated through CDSL, with the cut-off date for identifying eligible members set as Monday, April 27, 2026. The remote e-voting window remained open from Friday, May 1, 2026 (9:00 A.M.) to Sunday, May 3, 2026 (5:00 P.M.), after which the voting portal was blocked. Members who had not participated in remote e-voting were provided the opportunity to vote during the EGM proceedings on May 4, 2026. The votes were unblocked at S.A.S. Nagar Mohali on Monday, May 5, 2026, at 12:29 P.M.

CS Neeraj Jindal of Neeraj Jindal & Associates, Company Secretaries, was appointed as Scrutinizer by the Board of Directors to oversee the voting process and ensure it was conducted in a fair and transparent manner.

Resolution: Appointment of Statutory Auditor

The sole item on the agenda was an Ordinary Resolution for the appointment of M/s Gams & Associates LLP, Chartered Accountants (ICAI Firm Registration No. N500094), as Statutory Auditor of the company. The appointment was made pursuant to Section 139(8) of the Companies Act, 2013, read with the Companies (Audit and Auditors) Rules, 2014, and upon the recommendation of the Audit Committee and Board of Directors. M/s Gams & Associates LLP is appointed from the conclusion of this EGM and shall hold office up to the ensuing Annual General Meeting to be held for FY 2025-2026, at a remuneration to be mutually agreed upon between the Board of Directors and the firm, plus applicable taxes and out-of-pocket expenses.

Voting Results

The following table presents the consolidated voting outcome for Item No. 1 of the EGM Notice dated April 9, 2026:

Based on the above results, the Ordinary Resolution contained in Item No. 1 of the Notice dated April 9, 2026, was passed and approved with the requisite majority. The Scrutinizer's report was signed by CS Neeraj Jindal on May 5, 2026, and counter-signed by Ankit Kothari, Chairman (DIN: 06883692), on behalf of CHD Chemicals Limited.

CHD Chemicals Limited has announced an Extra Ordinary General Meeting (EGM) to address a critical governance matter following the resignation of its statutory auditor. The company will convene the meeting on May 4, 2026, at 11:30 AM through video conferencing to appoint a new statutory auditor and fill the casual vacancy created by the outgoing auditor's departure.

Auditor Transition Details

The EGM stems from the resignation of M/s DSP & Associates (FRN - 006791N) as statutory auditors, who tendered their resignation on January 30, 2026. The outgoing auditors cited their inability to continue as auditors of the company as the reason for their departure, creating a casual vacancy that requires shareholder approval under Section 139(8) of the Companies Act, 2013.

Meeting and Voting Schedule

The company has established a comprehensive timeline for the EGM proceedings, including remote e-voting facilities to ensure maximum shareholder participation. The meeting will be conducted entirely through video conferencing in compliance with applicable MCA and SEBI circulars.

Proposed Auditor Appointment

The Board of Directors has recommended M/s GAMS & Associates LLP, Chartered Accountants (ICAI Firm Registration No. N500094) as the new statutory auditors. The proposed appointment will be effective from the conclusion of the EGM until the ensuing Annual General Meeting for FY 2025-2026. The new auditors have provided their consent and confirmed that their appointment would comply with the limits prescribed under the Companies Act, 2013, satisfying the criteria under Section 141 of the Act.

The remuneration for the new auditors will be mutually agreed upon between the Board of Directors and GAMS & Associates LLP, plus applicable taxes, out-of-pocket expenses, travelling, and other expenses related to audit work. Shareholders will vote on this appointment through an Ordinary Resolution, with the Board recommending approval of the proposal.

Virtual Meeting Arrangements

The EGM will be conducted through video conferencing (VC) and other audio-visual means (OAVM) in accordance with MCA circulars and SEBI guidelines. The company has appointed Mr. Neeraj Jindal as the Scrutinizer to ensure fair and transparent scrutiny of the remote e-voting and e-voting processes. Shareholders can participate in the meeting through various electronic platforms, with detailed instructions provided for both individual and institutional investors.

The facility for proxy appointments will not be available for this EGM, and the proceedings will be deemed to be conducted at the company's registered office in Chandigarh. Results of the voting will be announced after the EGM and will be made available on the company's website and BSE Limited's platform within two days of the resolution passing.