Gujarat Fluorochemicals has successfully completed its postal ballot process for revising the remuneration terms of Deputy Managing Director Dr. Bir Kapoor. The company announced the voting results on 16th March, 2026, following the completion of the remote e-voting period that concluded on 15th March, 2026.

Voting Results and Shareholder Participation

The ordinary resolution received overwhelming support from shareholders across all categories. The voting results demonstrate strong confidence in the proposed remuneration revision:

Participation Details

The postal ballot process showed significant shareholder engagement with 78.34% of total shares participating in the voting. Key participation metrics include:

E-Voting Process Timeline

The company conducted the postal ballot through remote e-voting facilities provided by NSDL. The structured timeline ensured proper governance:

• Notice Date: 12th February, 2026
• E-voting Commencement: 14th February, 2026 at 9:00 AM IST
• E-voting Conclusion: 15th March, 2026 at 5:00 PM IST
• Results Declaration: 16th March, 2026

Resolution Details

The postal ballot addressed a single ordinary resolution concerning the revision in terms of remuneration of Dr. Bir Kapoor (DIN 01771510), who serves as the Deputy Managing Director of the company. The resolution was categorized as special business requiring shareholder approval under applicable regulations.

Regulatory Compliance

The postal ballot process was conducted in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013. TNT & Associates, Practicing Company Secretaries, served as the scrutinizer for the e-voting process, ensuring transparency and accuracy in vote counting.

The voting results and scrutinizer's report have been made available on the company's website at www.gfl.co.in , maintaining transparency for all stakeholders. The successful completion of this postal ballot demonstrates strong shareholder confidence in the company's leadership compensation decisions.

Gujarat Fluorochemicals has received a regulatory disclosure regarding the transmission of shares within its promoter group. Vivek Kumar Jain has acquired 20,100 equity shares representing 0.02% stake through transmission from his late father, Late Shri Devendra Kumar Jain, who was a member of the promoter and promoter group of the company.

Share Transmission Details

The transmission was completed on February 16, 2026, and disclosed to both BSE Limited and National Stock Exchange of India Limited on February 18, 2026, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Position

Following this transmission, Vivek Kumar Jain's total shareholding in Gujarat Fluorochemicals Limited has increased from 20,100 shares to 40,200 shares, representing an increase from 0.02% to 0.04% of the company's total equity share capital.

Company Capital Structure

Gujarat Fluorochemicals Limited's equity share capital remains unchanged at Rs. 10,98,50,000 divided into 10,98,50,000 equity shares of Re. 1 each, fully paid up. The company's shares are listed on both BSE Limited (Scrip Code: 542812) and National Stock Exchange of India Limited (Symbol: FLUOROCHEM).

Persons Acting in Concert

The disclosure identifies several entities as Persons Acting in Concert (PACs) with the acquirer, including Inox Leasing and Finance Limited, Aryavardhan Trading LLP, Devansh Trademart LLP, Devansh Jain, and Nandita Jain. The transmission represents an internal reorganization within the promoter group structure of the company.