Chemfab Alkalis approves ₹1.25 per share final dividend at 17th AGM
- Chemfab Alkalis approved a final dividend of ₹1.25 per equity share (12.50%) at its 17th AGM
- Shareholders adopted the financial statements for the fiscal year ended March 31, 2026
- M/s. M S K C & Associates LLP was appointed as statutory auditors for the company
- A special resolution was passed to approve payment of commission to non-executive directors
*this image is generated using AI for illustrative purposes only.
Chemfab Alkalies Limited ( Chemfab Alkalis ) concluded its 17th Annual General Meeting on September 9, 2026. The meeting, held via video conferencing, saw shareholders approve the adoption of financial statements for the fiscal year ending March 31, 2026, along with a final dividend payout.
The company declared a final dividend of ₹1.25 per equity share, representing a payout ratio of 12.50%. This ordinary resolution was passed alongside the re-appointment of directors by rotation and the appointment of M/s. M S K C & Associates LLP as statutory auditors.
Key Resolutions Passed
Shareholders voted on six items of business during the meeting. The outcomes were as follows:
| Item | Resolution Type | Outcome |
|---|---|---|
| Adoption of Financial Statements (FY26) | Ordinary | Passed |
| Re-appointment of Director | Ordinary | Passed |
| Final Dividend Approval (₹1.25/share) | Ordinary | Passed |
| Appointment of Statutory Auditors | Ordinary | Passed |
| Ratification of Cost Auditor's Remuneration | Ordinary | Passed |
| Payment of Commission to Non-Executive Directors | Special | Passed |
Meeting Proceedings
Ms. Drushti Desai, Independent Director, chaired the proceedings. A total of 35 shareholders attended the meeting through VC/OAVM. The quorum was confirmed by Company Secretary Mr. Bharatraj Panchal.
E-voting was conducted from September 5, 2026, at 9:00 am to September 8, 2026, at 5:00 pm. Members present at the meeting who had not voted earlier were given an additional 30 minutes post-conclusion to cast their votes. The cut-off date for voting was fixed as September 2, 2026.
Mr. S. A. Inbavadivu, Advocate, served as the scrutinizer for the remote e-voting process. Consolidated results are to be announced within two working days via stock exchanges and the company website.
Management Address
Mr. V. M. Srinivasan, Chief Executive Officer, addressed the shareholders. Four out of six registered speakers raised queries, which were responded to by the management. The meeting concluded at 10:57 am.
Historical Stock Returns for Chemfab Alkalis
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.31% | +3.02% | +1.29% | -1.58% | -43.19% | +138.06% |
How might Chemfab Alkalies' conservative 12.50% payout ratio influence investor sentiment compared to industry peers with higher dividend yields?
What strategic initiatives or capital expenditure plans is management likely to prioritize given the retained earnings from the low dividend payout?
Could the approval of commission payments to non-executive directors signal upcoming changes in corporate governance or executive compensation structures?
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