Polychem Limited will hold its 69th Annual General Meeting on August 25, 2026, to adopt audited financial statements for FY26 that report a tripling of standalone net profit to ₹1,014.09 lakhs and propose a final dividend of ₹20 per equity share. The Mumbai-based specialty chemicals manufacturer, which also operates in electronic components through its subsidiary, filed its annual report with the Bombay Stock Exchange on July 30, 2026. The meeting will be conducted via video conference or other audio-visual means (OAVM), with the deemed venue at the company’s registered office in Churchgate, Mumbai.

Financial Performance and Dividend Proposal

The primary agenda for shareholders is the adoption of standalone and consolidated financial results for the year ended March 31, 2026. Standalone revenue from operations rose to ₹2,706.08 lakhs from ₹2,381.43 lakhs in FY25. More significantly, other income surged to ₹983.10 lakhs, driven by a gain on the sale of investments of ₹853.88 lakhs and fair value gains on investments measured at FVTPL of ₹107.25 lakhs. This non-operational boost propelled standalone profit before tax to ₹1,321.37 lakhs from ₹394.16 lakhs previously.

On a consolidated basis, which includes subsidiary Gujarat Poly Electronics Limited (GPEL), the group reported even sharper growth due to a gain on the sale of property at the subsidiary level. Consolidated other income jumped to ₹3,334.95 lakhs from ₹224.88 lakhs, lifting consolidated net profit after tax to ₹2,984.27 lakhs from ₹384.19 lakhs. The Board has proposed a dividend of ₹20 per equity share of ₹10 face value, representing 200% of face value. If approved, the total dividend outgo will be ₹80,80,900. The record date for this dividend was July 17, 2026.

Subsidiary and Corporate Developments

GPEL, engaged in manufacturing ceramic capacitors, reported a profit after tax of ₹2,802.22 lakhs in FY26, up from ₹214.48 lakhs. Its sales were ₹1,687.30 lakhs against ₹1,778.94 lakhs in the prior year. During the year, GPEL redeemed 9,81,500 ½% Non-Cumulative Redeemable Preference Shares held by Polychem on February 25, 2026, at par.

The AGM will also see the re-appointment of Mr. N. T. Kilachand as a director, who retires by rotation. He holds a B.A. from Tufts University and brings expertise in logistics and distribution. Mr. P. T. Kilachand was earlier re-appointed as Managing Director for three years effective April 1, 2026, via postal ballot. Ms. Ragini Chokshi & Co. serves as the secretarial auditor for five years from FY26, while M/s. Nayan Parikh & Co. continues as statutory auditor.

Shareholder Instructions and E-Voting

Shareholders can participate in the AGM via VC/OAVM starting 30 minutes before the scheduled time. Remote e-voting begins on August 21, 2026, at 09:00 A.M. and ends on August 24, 2026, at 05:00 P.M. The register of members will remain closed from August 19 to August 25, 2026. Institutional shareholders must submit board resolutions to the scrutinizer, Ms. Ragini Chokshi, via email. Dividend payments will be made electronically only, and shareholders are urged to update PAN and bank details to comply with TDS norms under the Finance Act, 2020.

Polychem Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend for the financial year ended March 31, 2026. The company has proposed a dividend of ₹20 per equity share, representing a payout of 200% on the face value of ₹10 each. This dividend is subject to declaration at the ensuing Annual General Meeting.

The record date has been established in compliance with Regulation 42 of the SEBI (LODR) Regulations, 2015. Shareholders whose names appear in the Register of Members as of July 17, 2026, will be eligible to receive the dividend if declared at the AGM. In terms of SEBI regulations, the dividend will be paid through electronic mode only. Shareholders are requested to ensure that their bank details are updated with their Depository Participant or Registrar and Transfer Agent to enable timely receipt of the dividend.

SEBI has mandated that with effect from April 1, 2024, dividends to physical shareholders shall be paid only after furnishing the PAN, choice of nomination, contact details including mobile number, bank account details, and specimen signature to the Registrar and Transfer Agent. The Registrar and Transfer Agent is M/S Link Intime India Pvt. Ltd., and the company email for investor queries is polychemltd@kilachand.com .

Dividend Details

Deepali V Chauhan, Company Secretary & Compliance Officer, signed the intimation sent to the Bombay Stock Exchange.