Continental Chemicals has released the final voting results for its 41st annual general meeting, confirming the approval of key ordinary business resolutions. The company disclosed that shareholders voted in favour of adopting the audited financial statements for FY26 and re-appointing Ms. Sunaina Chibba as a director.

The AGM was conducted via video conferencing on September 18, 2026, from 4:08 pm to 4:27 pm. Gaurav Sachdeva, Chairman, presided over the session. The company confirmed that a requisite quorum was present through the virtual platform.

Voting Participation and Attendance

As per the record date of September 11, 2026, the company had 7,179 equity shareholders. Of these, 37 shareholders attended the meeting through video conferencing. This included two representatives from the promoter and promoter group and 35 from the public category.

Remote e-voting facilities were available from September 15 to September 17, 2026. Additionally, shareholders present via video conference could cast their votes electronically during the meeting. Statutory auditor CA Vipul Sharma from SSVS & Company and Secretarial Auditor B. S. Goyal from B.S. Goyal & Co. were present to oversee the process.

Resolution Outcomes

The scrutinizer report, dated September 21, 2026, details the voting outcomes for the two ordinary resolutions tabled at the meeting.

Resolution 1: Adoption of Financial Statements

Shareholders were asked to receive, consider, and adopt the Board’s Report, Audited Statement of Profit and Loss, and Balance Sheet for the year ended March 31, 2026.

The resolution passed with unanimous support among those who voted. No votes were recorded from the promoter group or public institutions for this resolution.

Resolution 2: Re-appointment of Director

The second resolution concerned the re-appointment of Ms. Sunaina Chibba (DIN: 00370454), who retires by rotation and offered herself for re-appointment. The promoter group was noted as interested in this agenda item.

The resolution passed with 95.22% of the polled votes in favour. While the promoter group did not cast any votes electronically or via poll, the public non-institutional shareholders provided strong support, with only one shareholder casting 25 votes against the re-appointment.

Key Attendees

Ms. Sakshi Dhawan, Company Secretary & Compliance Officer, confirmed the presence of key personnel including Ms. Parul Suraiya, Director; Ms. Sunaina Chibba, Director; Mr. Naresh Kumar Chibba, Managing Director; Mr. Aditya Vikram Chibba, Director; and Mr. Deepak Kumar, CFO.

Shareholders raised questions regarding operations and financial performance during the session, which were addressed satisfactorily. The Chairman will declare the final voting results upon receipt of the Scrutinizer Report, adhering to statutory timelines.

Continental Chemicals reported a 17% rise in net profit after tax (PAT) to ₹51.20 lakh for FY26, up from ₹43.60 lakh in the previous year. The Noida-based software and property leasing firm also notified the Bombay Stock Exchange of its 41st Annual General Meeting scheduled for September 18, 2026.

The company's total income grew 7% year-on-year to ₹167.80 lakh, supported by an increase in other income which now dominates its revenue mix. Rental income rose to ₹120.25 lakh from ₹114.55 lakh, while interest earned on fixed deposits climbed to ₹21.89 lakh from ₹19.81 lakh.

Financial Performance

Continental Chemicals operates in a single segment of IT and software services but derives significant cash flows from investment properties. The balance sheet shows total assets increased to ₹663.54 lakh from ₹604.14 lakh in FY25.

Operating expenses remained stable at ₹109.04 lakh, with employee benefit expenses slightly declining to ₹54.16 lakh from ₹54.75 lakh. Finance costs increased marginally to ₹4.27 lakh from ₹3.82 lakh.

What the Numbers Show

Other income constitutes approximately 85% of the company's total income, highlighting a business model heavily reliant on passive returns rather than core software operations. While revenue from operations grew by nearly 15%, it contributed less than 16% to the total top line. This divergence suggests that the recent profit growth is primarily driven by yield on fixed deposits and rental yields rather than expansion in software service volumes.

AGM Details and Corporate Actions

The company has fixed September 11, 2026, as the record date for shareholders eligible to vote at the 41st AGM. The meeting will be conducted exclusively via Video Conferencing (VC). The Register of Members will remain closed from September 12 to September 18, 2026.

Key dates for the AGM include:

• Remote e-voting starts: September 15, 2026, at 9:00 am
• Remote e-voting ends: September 17, 2026, at 5:00 pm
• AGM Meeting: September 18, 2026, at 4:00 pm

Shareholders will vote on the adoption of the Board’s Report and audited financial statements for the year ended March 31, 2026. Additionally, Ms. Sunaina Chibba (DIN: 00370454) retires by rotation and offers herself for re-appointment. She has served as a director since September 29, 2014, and attended all 15 board meetings in FY25-26.

Management Changes

During FY26, the company saw changes in key managerial personnel. Mr. Navneet Kumar resigned as Chief Financial Officer on January 14, 2026, and Mr. Deepak Kumar was appointed as CFO effective February 14, 2026. On the board, Mr. Raghav Nathani resigned as Independent Director in June 2025, and Ms. Parul Suraiya was appointed as an Independent Director in September 2025 following shareholder approval.

The company declared no dividend for the financial year ended March 31, 2026.