J B Chemicals & Pharmaceuticals holds 50th AGM

1 min read     Updated on 18 Jun 2026, 12:18 AM
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J B Chemicals & Pharmaceuticals Limited held its 50th Annual General Meeting on June 17, 2026, via video conference. Shareholders approved the audited financial statements for FY26, confirmed an interim dividend of ₹12.70 per share, and declared a final dividend of ₹9.30 per share. The meeting, chaired by Mr. Arun Duggal, saw the re-appointment of a director and addressed shareholder queries.

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J B Chemicals & Pharmaceuticals Limited conducted its 50th Annual General Meeting on June 17, 2026, via video conference. The meeting was held in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders approved the adoption of audited financial statements for the year ended March 31, 2026, confirmed an interim dividend of ₹12.70 per share, and declared a final dividend of ₹9.30 per share.

The remote e-voting process commenced on June 14, 2026, and concluded on June 16, 2026. The Board appointed Mr. Rajesh Parekh and Ms. Aishwarya Parekh as scrutinizers to oversee the voting process. A total of 74,579 shareholders were on record as of the cut-off date, with 60 members present in person through VC/OAVM. The meeting was chaired by Mr. Arun Duggal.

Voting Results Summary

Resolution Description Votes For Votes Against % For
Adoption of Financial Statements 134,006,581 23 100.00
Confirmation of Interim Dividend 134,028,537 23 100.00
Declaration of Final Dividend 134,028,512 48 100.00
Re-appointment of Director 133,790,983 217,055 99.84

Meeting Details

Particulars Details
Meeting Type 50th Annual General Meeting
Date June 17, 2026
Time 3.00 P.M. IST
Mode Video Conference (VC) / Other Audio Visual Means (OAVM)
Chairman Mr. Arun Duggal
Total Shareholders on Record 74,579

The resolutions were passed with the requisite majority. Mr. Kaushal Singh Solanki, Chief Financial Officer, addressed queries from shareholders regarding the company's accounts and operations. The Statutory Auditors' Report and the Secretarial Audit Report contained no qualifications or adverse observations.

Historical Stock Returns for J B Chemicals and Pharmaceuticals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-2.63%+3.21%+22.75%+27.46%+186.56%

How will the total dividend payout of ₹22.00 per share impact J B Chemicals' capital allocation strategy for FY2027?

What strategic priorities did management outline for the upcoming fiscal year during the shareholder Q&A session?

Given the clean audit reports, what are the company's key growth drivers and expansion plans for the post-2026 period?

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J B Chemicals accepts EVP Bhushan Sachdev resignation effective June 12, 2026

1 min read     Updated on 16 Jun 2026, 12:56 AM
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J B Chemicals & Pharmaceuticals Ltd announced the acceptance of Bhushan Sachdev's resignation from the role of Executive Vice President – Supply Chain Management effective June 12, 2026. The resignation, attributed to personal reasons, was disclosed following a request from BSE Limited for a fresh announcement. The company confirmed the cessation in a filing submitted by Sandeep Phadnis, Vice President – Secretarial and Company Secretary.

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J B Chemicals & Pharmaceuticals Ltd accepted the resignation of Bhushan Sachdev from the position of Executive Vice President – Supply Chain Management, effective from the close of business hours on June 12, 2026. The company confirmed that the cessation was due to personal reasons, following a request from BSE Limited to submit a fresh corporate announcement regarding the change in senior management personnel.

The disclosure was submitted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing referenced the SEBI Master Circular bearing reference no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

The following table details the key information regarding the management change:

Sr. No. Disclosure Requirement Details
1 Reason for change Resignation due to personal reason
2 Date of cessation With effect from the closing of business hours of June 12, 2026

The filing was submitted by Sandeep Phadnis, Vice President – Secretarial and Company Secretary. J B Chemicals & Pharmaceuticals Ltd has requested the exchange to take the information on record.

Historical Stock Returns for J B Chemicals and Pharmaceuticals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-2.63%+3.21%+22.75%+27.46%+186.56%

Who will be appointed as the successor to oversee the supply chain management division?

How will this leadership transition impact the company's operational efficiency in the short term?

What specific strategic initiatives will the new leadership prioritize for the supply chain?

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