Chrome Silicon Limited shareholders unanimously adopted the audited financial statements for FY26 and ratified key director re-appointments at the 44th Annual General Meeting held on September 30, 2026. The company submitted the consolidated voting results to stock exchanges on October 1, 2026, confirming that all three ordinary resolutions were passed.

The meeting, conducted via video conferencing, saw participation from 60 shareholders. This included seven promoters and 53 public shareholders. The total number of shareholders on the record date of September 23, 2026, stood at 6,708. I. Narshing Rao, Non-Executive Chairman, chaired the proceedings.

Voting results summary

The scrutiny report, prepared by B S S & Associates, confirmed high approval rates across all agenda items. Notably, public non-institutional shareholders held a significant voting weight, casting 72.28% of their outstanding shares in favor of the resolutions.

Key resolutions passed

The meeting addressed three primary business items. All resolutions were passed through electronic voting mechanisms as mandated by regulatory circulars. The e-voting window remained open during the meeting and for 15 minutes post-conclusion to facilitate voting for attendees who had not participated in remote e-voting earlier.

Adoption of financial statements

Shareholders approved the adoption of the Audited Balance Sheet as at March 31, 2026, along with the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date. This included the reports of the Auditors and Board of Directors. Out of 9,414,942 votes polled, 9,414,937 voted in favor, with only 5 votes against.

Director and WTD re-appointments

Ms. M Priyanka was re-appointed as a Director after retiring by rotation. She received 9,414,887 votes in favor against 55 votes against.

Shri P. V. Rao was re-appointed as Whole-Time Director for a further term of five years, effective from October 28, 2026, to October 27, 2031. His appointment received 9,414,587 votes in favor, with 355 votes against. The resolution outlined his basic salary at ₹1,50,000 per month, subject to terms approved by the Board.

What the numbers show

The voting data reveals a distinct concentration of dissent among public non-institutional shareholders. While promoters voted 100% in favor across all resolutions, public non-institutional investors accounted for all negative votes. For the financial statements, they cast 5 votes against; for Ms. Priyanka’s re-appointment, 55 votes; and for Mr. Rao’s re-appointment, 355 votes. This suggests that while the overall outcome was overwhelmingly positive, minor concerns regarding management continuity or financial disclosures may have existed within the retail investor base, though these did not impact the final result given the low magnitude relative to total votes polled.

Meeting proceedings

The Group Company Secretary confirmed the presence of requisite quorum before commencing the meeting. Chairpersons of the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees were present. Pre-registered speakers were allowed to raise queries regarding financials and operations, which were addressed by the Whole-Time Director.

Voting results from remote e-voting and live e-voting were compiled in a Scrutinizer Report by Srikanth S of B S S & Associates. These consolidated results have been posted on the company website and submitted to stock exchanges within the prescribed timeframe. The meeting concluded at 3:45 pm with a vote of thanks.

Chrome Silicon Limited has reappointed Shri P.V. Rao as Whole-time Director for a five-year term. The Board also approved convening the 44th Annual General Meeting (AGM) on September 30, 2026.

The Board of Directors held its meeting on August 22, 2026, at the company’s registered office in Hyderabad. Based on the recommendations of the Nomination and Remuneration Committee, the board approved the re-appointment of Shri Paladugu Venkateswara Rao (DIN: 00149599). His tenure will commence on October 28, 2026, and extend until October 27, 2031, subject to shareholder approval at the upcoming AGM.

Key Resolutions

In addition to the director appointment, the board approved the notice for the 44th AGM. The meeting is scheduled to be held via Video Conferencing or Other Audio-Visual Means on September 30, 2026, at 3:00 pm.

The register of members will remain closed from September 23, 2026, to September 30, 2026, to determine eligibility for attending the general meeting.

Director Profile

Shri Paladugu Venkateswara Rao brings over 38 years of experience in chemical manufacturing and construction industries. He has served in senior management roles including Whole-time Director and Managing Director. The disclosure notes he holds no shareholding in the company and is not debarred from holding office by SEBI or any other authority.

This intimation was issued in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Shivangi Tibrewala, Company Secretary & Compliance Officer, on August 22, 2026.