Deepak Chemtex Limited passed all five resolutions at its 29th Annual General Meeting held on September 21, 2026, with total valid votes of 79,78,240 cast in favour across four resolutions and requisite majority secured on the fifth.

The meeting was convened via video conferencing in compliance with SEBI Listing Regulations and the Companies Act, 2013. It commenced at 12:30 pm and concluded at 1:15 pm. Seven members attended through video conferencing — five from the promoter and promoter group and two from the public. The record date for voting eligibility was September 14, 2026, on which 975 shareholders were on record. Remote e-voting was facilitated through NSDL from September 18, 2026 at 9:00 am to September 20, 2026 at 5:00 pm. Nikita Kedia, proprietor of N K M and Associates, was appointed scrutinizer by the Board on August 24, 2026, and issued the scrutinizer's report on September 22, 2026.

Key resolutions passed

Shareholders approved the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Saurabh Deepak Arora, who retires by rotation, was re-appointed as Director and separately re-appointed as Chairman and Managing Director via special resolution. Trishla Baid Arora was re-appointed as Whole Time Director via special resolution. The company also secured approval for material related party transactions with its subsidiary, DCPL Speciality Chemicals Private Limited.

Voting results in detail

For resolutions 1 through 4, all 79,78,240 valid votes polled were cast in favour, representing 100% of votes polled with nil votes against and nil invalid votes. Total shares on record stood at 1,08,64,000, of which the promoter and promoter group held 79,36,000 shares and public non-institutions held 29,28,000 shares. Votes polled as a percentage of outstanding shares stood at 73.44% for these four resolutions.

Resolution 5, concerning related party transactions, was subject to a different voting structure as the promoter and promoter group were interested in the agenda. Accordingly, 79,36,000 promoter votes were treated as invalid. Of the 42,240 valid votes polled from public non-institutions, 37,440 votes (88.64%) were cast in favour and 4,800 votes (11.36%) were cast against. The resolution was passed with requisite majority.

Governance and compliance

The Board reported no material qualifications or adverse remarks from statutory or secretarial auditors on the financial statements. The voting results along with the scrutinizer's report dated September 22, 2026 were made available on the company's website. All records relating to e-voting are to be handed over to the Managing Director or Company Secretary for safe custody, as confirmed in the scrutinizer's report.

Deepak Chemtex Limited has scheduled its 29th Annual General Meeting (AGM) for Monday, September 21, 2026, at 12:30 pm via Video Conferencing or Other Audio-Visual Means (OAVM). The company announced that remote e-voting will commence on Friday, September 18, and end on Sunday, September 20, 2026.

The Board of Directors approved the Directors' Report and Management Discussion and Analysis for FY26 during a meeting on August 24, 2026. The notice of the AGM along with the annual report for FY25-26 was dispatched electronically on Thursday, August 27, 2026. Saurabh Deepak Arora, Managing Director, signed the communication dated August 27, 2026.

Financial Performance FY26

As per the explanatory statement, Deepak Chemtex reported the following financial results for FY26:

The subsidiary, DCPL Speciality Chemicals Private Limited, reported a turnover of ₹2,508.95 lakh and a profit after tax of ₹222.13 lakh for FY26.

Key Agenda Items

The AGM will transact ordinary business, including the adoption of audited standalone and consolidated financial statements for FY26. Special business includes the reappointment of key directors and approval of material related-party transactions.

Director Reappointments

Shareholders will vote on the following special resolutions:

• Reappointment of Mr. Saurabh Deepak Arora as Chairman and Managing Director for three years, effective July 28, 2026.
• Reappointment of Mrs. Trishla Baid Arora as Whole-time Director for three years, effective July 28, 2026.

Both directors are eligible for remuneration not exceeding ₹10 lakh per month, subject to board discretion. In case of inadequate profits, they will be entitled to minimum remuneration under Schedule V of the Companies Act, 2013.

Related-Party Transactions

The company seeks shareholder approval for material related-party transactions with its subsidiary, DCPL Speciality Chemicals Private Limited (DCPL). Deepak Chemtex holds a 90% stake in DCPL.

The proposed omnibus approval covers sales and purchases of goods, including Florosine Lumps, Manganese Di Oxide Powder, and Ethyl Benzyl Aniline Sulphonic Acid. The aggregate value of these transactions is capped at ₹50 crore until the next AGM.

E-Voting Details

In compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI Listing Regulations, the company has engaged NSDL for providing remote e-voting facilities. Members participating through VC/OAVM shall be reckoned for the purpose of quorum under Section 103 of the Companies Act, 2013.

Key dates for e-voting are as follows:

• Cut-off Date for e-voting: Monday, September 14, 2026
• Commencement of remote e-Voting: Friday, September 18, 2026, at 9:00 am (IST)
• End of remote e-Voting: Sunday, September 20, 2026, at 5:00 pm (IST)

Members holding shares in dematerialized mode, physical mode, or who have not registered their email addresses may cast their votes remotely or during the AGM. Ms. Nikita Keda, Proprietor of N K M & Associates, has been appointed as the Scrutinizer to oversee the voting process.