DMCC Speciality Chemicals Limited has successfully concluded its postal ballot voting process, with all five special resolutions receiving overwhelming approval from shareholders. The company announced the voting results on March 16, 2026, following the completion of remote e-voting that took place from February 13, 2026 to March 15, 2026.

Regulatory Filing and Compliance

The company filed its voting results with both stock exchanges, submitting detailed reports to the National Stock Exchange of India Limited and BSE Limited under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.

Resolution-wise Voting Results

All five special resolutions were passed with remarkable consistency in voting patterns across different shareholder categories, with approval rates exceeding 99.99% for all resolutions.

Resolution 1: Director Appointment

The appointment of Ms. Saloni Jhaveri (DIN: 02872575) as Non-Executive Women Independent Director received strong support:

Resolution 2: Managing Director Re-appointment

The re-appointment of Shri Bimal Lalitsingh Goculdas (DIN: 00422783) as Managing Director and Chief Executive Officer for three years from April 01, 2026 to March 31, 2029 was approved:

Resolution 3: Remuneration Revision

The revision in remuneration of Shri Kuldeep Kumar Tiwari (DIN: 10633725) as Whole-Time Director designated as "Executive Director (Operations)" received approval:

Resolutions 4 & 5: Corporate Governance Changes

Both the alteration of Memorandum of Association and adoption of new set of Articles of Association received identical voting results:

Shareholder Category Analysis

The voting pattern demonstrated strong consensus across all shareholder categories. The Promoter and Promoter Group showed 100% support for all resolutions, while Public Non-Institutions category showed approval rates exceeding 98% across all resolutions.

Scrutinizer's Report

Satish Kumar Jain, Proprietor of SKJ & Associates, Company Secretaries, served as the scrutinizer for the postal ballot process. The scrutinizer's report confirmed that all special resolutions were passed with requisite majority. The voting process was facilitated through MUFG Intime India Private Limited as the authorized agency for remote e-voting. The company published mandatory advertisements in The Free Press Journal (English) and Navshakti (Marathi) on February 12, 2026, as required under the Companies (Management and Administration) Rules, 2014.

DMCC Speciality Chemicals Limited has issued a comprehensive postal ballot notice to shareholders on February 11, 2026, seeking approval for significant corporate governance and leadership changes through five special resolutions.

Key Director Appointments and Re-appointments

The company is proposing three critical leadership appointments that will shape its future direction:

Leadership Profiles and Compensation

Ms. Saloni Jhaveri brings over two decades of experience in private equity, mergers and acquisitions, and corporate finance across the United States and India. Currently heading Investor Relations at NIIF, she has successfully executed numerous cross-border transactions and fundraising initiatives. Her educational background includes a Bachelor's and Master's degree in Commerce from Sydenham College and an MBA from The Pennsylvania State University.

Shri Bimal Lalitsingh Goculdas, the proposed Managing Director and CEO, will receive a comprehensive compensation package:

Shri Kuldeep Kumar Tiwari's revised compensation structure includes:

Corporate Governance Amendments

The company is proposing significant constitutional changes to modernize its governance framework:

• Memorandum of Association alterations to expand business objects including electric vehicle battery production, charging station distribution, and renewable energy generation
• New Articles of Association adoption to align with Companies Act, 2013 provisions
• Updates to replace references from Companies Act, 1956 to Companies Act, 2013

E-Voting Process and Timeline

Shareholders can participate in the decision-making process through a comprehensive e-voting system:

The company has engaged MUFG Intime India Private Limited as the Registrar and Transfer Agent for e-voting services, with SKJ & Associates appointed as the scrutinizer. The voting process is exclusively electronic, with no physical postal ballot forms being distributed.

Regulatory Compliance and Documentation

The postal ballot notice complies with Section 110 of the Companies Act, 2013, and SEBI Listing Regulations. All proposed resolutions require special resolution approval, reflecting their significance for the company's strategic direction. The notice is available on the company's website at www.dmcc.com and the RTA's platform at https://instavote.linkintime.co.in .

Shareholders whose email addresses are registered with the company or depositories will receive the notice electronically. The voting rights will be proportionate to shareholding as of the cut-off date of February 6, 2026.

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