Indo Borax & Chemicals will participate in a virtual group meeting organized by Arihant Capital on September 28, 2026. The session is scheduled from 12:00 pm to 1:00 pm IST as part of the Bharat Connect Conference.

The company confirmed in a filing to stock exchanges that discussions will be based strictly on publicly available information. Management stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the interaction.

Meeting details

The interaction falls under the Rising Stars - September 2026 conference series. The mode of participation is virtual, allowing institutional investors and analysts to engage with company officials remotely.

Compliance and disclosure

The intimation was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company Secretary and Compliance Officer, Pravin Chavan, signed the document digitally on September 23, 2026.

The filing noted that changes to the schedule may occur due to exigencies on the part of the host or participants. Investors are advised to rely on official exchange disclosures for any updates regarding the meeting status.

Indo Borax & Chemicals shareholders approved a special resolution to increase the company’s borrowing limits to ₹400 crore. The postal ballot process, conducted through remote e-voting, concluded on September 10, 2026.

The resolution was passed under Section 180(1)(C) of the Companies Act, 2013. Scrutinizer CS Sandhya Malhotra of M/s. Manish Ghia & Associates confirmed that votes cast in favor exceeded those against by more than three times, meeting the requisite majority for a special resolution.

Voting Breakdown

A total of 19,125,074 valid votes were polled out of 32,090,000 shares held as on the record date of August 7, 2026. This represents a participation rate of approximately 59.6%.

Promoter and promoter group shareholders voted unanimously in favor. Among public non-institutional shareholders, 94.51% supported the measure. No public institutional shareholders participated in the vote.

What the Numbers Show

The voting data reveals a distinct divergence between promoter and retail shareholder sentiment. While promoters provided unanimous backing for the increased debt capacity, nearly 5.5% of participating non-institutional public shareholders voted against the resolution. This suggests some minority investor caution regarding the company’s leverage expansion, despite the overwhelming aggregate support required to pass the special resolution.