Lime Chemicals Ltd promoter Rahim Ahmed Dawoodani has increased his holding in the company by acquiring 1,00,000 equity shares. This acquisition raises his total stake to 12.15% of the company's share capital.

The shares were purchased through open market transactions on September 29 and September 30, 2026. The disclosure was filed with the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pre- and Post-Acquisition Holdings

Before this transaction, Dawoodani held 6,90,651 shares, representing 10.61% of the total voting capital. Following the acquisition of the additional 1,00,000 shares, his holding increased to 7,90,651 shares.

Transaction Details

The acquisition was executed in the open market. The total equity share capital of Lime Chemicals remained unchanged at 65,04,728 equity shares both before and after the transaction. There were no changes in the diluted share capital or other voting rights instruments held by the acquirer.

Dawoodani belongs to the promoter group of the company. The disclosure confirms that no encumbered shares or warrants were involved in this specific transaction.

Lime Chemicals Limited approved the adoption of its Profit and Loss Account for the year ended March 31, 2026, and the Balance Sheet as on that date during its 56th Annual General Meeting. The meeting, held on September 30, 2026, also ratified the remuneration of cost auditors for FY27.

Shareholders re-appointed Mrs. Shahnaz Ahmed Dawoodani as a director retiring by rotation. The meeting saw significant board changes with the appointment of Mr. Samir Kumar Das and Ms. Rakhi Upadhyay as Non-executive Independent Directors. Additionally, Mr. Zaryab Ahmed Sayyed was appointed as a Non-executive Non-independent Director, having previously served in an independent capacity.

Key resolutions passed

The members transacted several critical businesses during the AGM, including approvals under the Companies Act, 2013. The following key items were addressed:

• Adoption of financial statements for FY26 along with auditor and director reports
• Re-appointment of Mrs. Shahnaz Ahmed Dawoodani (DIN 02324234)
• Ratification of cost auditor remuneration for FY27
• Appointment of Mr. Samir Kumar Das (DIN 09645179) as Non-executive Independent Director
• Appointment of Ms. Rakhi Upadhyay (DIN 09645180) as Non-executive Independent Director
• Appointment of Mr. Zaryab Ahmed Sayyed (DIN 10249759) as Non-executive Non-independent Director
• Approval of corporate guarantees or security under sections 185 and 186 of the Companies Act, 2013
• Approval of Related Party Transactions

Voting and procedural details

The company provided a remote e-voting facility to members from September 27, 2026, to September 29, 2026. Physical voting was also available to shareholders present at the registered office in Mumbai who had not cast their votes earlier. Details of the voting results are required to be submitted separately under Regulation 44(3) of the SEBI Listing Regulations. The meeting concluded at 11:35 am.