Mangalam Organics Limited concluded its 44th Annual General Meeting on September 24, 2026, via Video Conferencing. The meeting focused on the adoption of audited financial statements for the fiscal year ended March 31, 2026, alongside several governance and operational resolutions.

The company reported that 54 members attended the virtual meeting out of 14,874 shareholders on the cut-off date of September 17, 2026. Mr. Kamalkumar Dujodwala, Chairman and Executive Director, chaired the session, expressing gratitude to members for their continued support while outlining the industry scenario and growth outlook.

Resolutions Passed

The members transacted eight items of ordinary and special business. The primary resolutions included:

• Adopting the Audited Standalone and Consolidated Financial Statements for FY26, along with Board and Auditor reports.
• Re-appointing Mr. Kamalkumar Dujodwala (DIN: 00546281) as Director, who retired by rotation.
• Ratifying remuneration for the Cost Auditor for FY27.
• Approving material related party transactions with Mangalam Brands Private Limited.

Additional resolutions covered borrowing powers under Section 180(1)(c), creation of charges on assets under Section 180(1)(a), and increased limits for investments and loans under Section 186 of the Companies Act, 2013. The meeting also approved the appointment of M/s. JMT & Associates as Statutory Auditors.

Governance and Auditor Update

The Statutory Auditors' Report and Secretarial Audit Report contained no qualifications or adverse remarks. The company noted the sad demise of Mr. Sidharath Singh Sekhon, Non-Executive Independent Director, who passed away on September 23, 2026. Members observed a moment of silence in his memory.

Voting was conducted electronically through MUFG Intime India Private Limited. The Scrutinizer, Mr. Yogesh Sharma, will submit a separate report on the voting results to the stock exchanges.

Mangalam Organics Ltd reported the death of Sidharath Singh Sekhon, a Non-Executive Independent Director, on September 23, 2026. The event marks a significant governance change for the chemical manufacturer.

The company submitted an intimation to BSE and NSE regarding the demise of Sekhon, who held DIN 01983046. The filing was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular dated January 30, 2026.

Board reaction and details

The Board of Directors, management, and employees of Mangalam Organics expressed profound grief and conveyed heartfelt condolences to Sekhon's family. The company described his passing as an irreparable loss. The intimation was signed by Kamalkumar Ramgopal Dujodwala, Chairman and Executive Director, on September 23, 2026.

Disclosure particulars

The following details were disclosed as required under Schedule III of the Listing Regulations:

The regulatory filing confirms that no other material reasons for cessation were applicable, given the nature of the event. The company has not yet disclosed information regarding the appointment of a successor or interim arrangements for the vacant board seat.