NewsFairchem Organics Concludes 7th Annual General Meeting; Approves Dividend and Key AppointmentsFairchem Organics Concludes 7th Annual General Meeting; Approves Dividend and Key Appointments
Fairchem Organics held its 7th AGM on July 27, 2026, via video conferencing, chaired by Shri Nahoosh Jariwala. Members voted on six resolutions, including adoption of financial statements for the year ended March 31, 2026, and declaration of a final dividend of Re. 1.00 (10%) per equity share. Special resolutions included the re-appointment of Shri Nahoosh Jariwala as Managing Director through August 12, 2029, and Shri Sudhin Choksey as Independent Director for a second five-year term from February 11, 2027. The combined e-voting results are to be announced within two working days of the meeting's conclusion.
*this image is generated using AI for illustrative purposes only.
Fairchem Organics Limited conducted its 7th Annual General Meeting (AGM) on Monday, July 27, 2026, through Video Conferencing (VC)/Other Audio Visual Means (OVAM) at 3:30 p.m., in compliance with circulars and notifications issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The meeting was chaired by Shri Nahoosh Jariwala, Chairman and Managing Director, who welcomed shareholders and called the meeting to order upon confirming the requisite quorum. The meeting concluded at 3:55 p.m.
Meeting Attendance and Proceedings
The AGM was attended by the Chairman & Managing Director, Independent Directors and Chairpersons of various Board Committees, the Chief Financial Officer, the Company Secretary, Statutory Auditors, the Scrutinizer, and other panelists, all joining via video conferencing. The "Insta-Meet" platform provided by MUFG Intime India Private Limited (MIPL) (formerly: Link Intime India Private Limited) was made available for members to join the meeting. The Notice, Directors' Report, and Auditors' Report, already circulated to members, were taken as read, and necessary registers and documents were made available for online inspection. 5 shareholders who had registered as speakers addressed the meeting.
Resolutions Considered at the 7th AGM
The following resolutions, as set out in the Notice dated May 6, 2026, were placed before members for consideration and approval:
| Resolution No. | Particulars | Type of Resolution |
|---|---|---|
| 1. | Adoption of Audited Financial Statements for the year ended March 31, 2026, together with the Directors' Report and Auditors' Report | Ordinary Resolution |
| 2. | Declaration of Final Dividend of Re. 1.00 (10%) per equity share for the financial year ended March 31, 2026 | Ordinary Resolution |
| 3. | Appointment of Shri Sumit Maheshwari (DIN: 06920646), who retires by rotation and being eligible, offers himself for re-appointment | Ordinary Resolution |
| 4. | Re-appointment of Shri Nahoosh Jariwala (DIN: 00012412) as Managing Director for a further period of three years w.e.f. August 13, 2026 to August 12, 2029 | Special Resolution |
| 5. | Re-appointment of Shri Sudhin Choksey (DIN: 00036085) as an Independent Director for a second term of five consecutive years w.e.f. February 11, 2027 | Special Resolution |
| 6. | Ratification of remuneration payable to the Cost Auditors for F.Y. 2026-27 | Ordinary Resolution |
All six resolutions were recommended for member approval through Remote E-voting and e-voting.
E-Voting Process and Scrutinizer
Pursuant to Regulation 44(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, the Company provided remote e-voting facilities to shareholders. The remote e-voting window was open from July 22, 2026 at 1:00 p.m. to July 26, 2026 at 5:00 p.m. Members present at the AGM who had not cast their votes via remote e-voting were given the opportunity to vote during and within 15 minutes after the conclusion of the meeting through e-voting.
Shri Uday Dave, Partner of M/s. Parikh Dave & Associates, Practicing Company Secretaries, Ahmedabad, was appointed as the Scrutinizer for the remote e-voting and e-voting process. The Chairman informed members that the combined result of Remote E-voting and e-voting at the AGM would be announced within two working days of the conclusion of the meeting, upon receipt of the Scrutinizer's Report.
Conclusion
With all agenda items completed, the Chairman declared the meeting concluded and thanked all Directors and members for their active participation. The disclosure was submitted to the stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Jatin Jain, Company Secretary & Compliance Officer (ACS - 24293), on behalf of Fairchem Organics Limited.
Historical Stock Returns for Fairchem Organics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +14.53% | +26.14% | +24.66% | -14.57% | -52.32% |
How might the re-appointment of Nahoosh Jariwala as Managing Director influence Fairchem Organics' strategic direction and operational efficiency over the next three years?
Given the declaration of a 10% final dividend, what are the company's projected cash flow requirements for upcoming capital expenditures or debt servicing in FY 2026-27?
What specific growth targets or performance metrics has management outlined to justify the second term re-appointment of Independent Director Sudhin Choksey?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
