Shiv Texchem Limited shareholders unanimously approved all four resolutions passed at its 21st Annual General Meeting held on September 28, 2026. The scrutinizer’s report submitted on September 30, 2026, confirmed that every resolution received 100% of the valid votes cast in favour.

The meeting, conducted via Video Conferencing with the Mumbai registered office as the deemed venue, was chaired by Chairman and Managing Director Vikas Pavankumar. The AGM adopted the audited financial statements for FY26, along with the Board’s Report and Auditors’ Report. Shareholders also reappointed Hemanshu Chokhani as Whole-time Director following his retirement by rotation.

Key resolutions passed

Shareholders approved several ordinary and special resolutions concerning governance and financial reporting. The audited financial statements for FY26 were received and adopted. Additionally, Hemanshu Chokhani was reappointed as Whole-time Director.

Governance updates

The meeting addressed specific governance matters regarding director tenure and status. Shruti Vyas was regularized as a Non-Executive Independent Director for a term of one year, effective from her initial appointment date of May 27, 2026, up to May 26, 2027. She is a Chartered Accountant with over two decades of experience in banking, financial, and educational sectors. Currently serving as CEO of Prime Vision Professional Education, she holds no other listed company directorships or committee memberships.

A special resolution was passed to accept and ratify the continuation of Shyamsunder Chokhani’s directorship as Whole-time Director, despite his having attained the age of 70 years. This provision allows experienced leadership to continue under specific regulatory allowances. Shyamsunder Chokhani, an IIT Bombay alumnus, has been associated with the company for 19 years, overseeing logistics and domestic banking. The disclosure noted that Hemanshu Shyamsundar Chokhani (CFO) is his son, and Neha Hemanshu Chokhani (WTD) is his daughter-in-law.

Remote e-voting facilities were provided to members, with the voting period running from September 23, 2026, to September 27, 2026. Vipin Tiwari & Co., Practicing Company Secretaries, served as the scrutinizer for the remote e-voting process. The company separately intimated the final e-voting results to the stock exchanges within two working days from the conclusion of the meeting.

Shiv Texchem Limited has scheduled its 21st Annual General Meeting for September 28, 2026. The meeting will be held via video conferencing to transact ordinary and special business items.

The company notified the BSE on August 27, 2026, regarding the upcoming meeting. The event is scheduled for 4:00 pm at the registered office in Mumbai.

Agenda Highlights

Shareholders will consider several key resolutions during the AGM. The primary focus involves board composition and statutory compliance matters.

Ordinary Business

The agenda includes receiving and adopting the audited financial statements for FY26. Members will also vote on the reappointment of Mr. Hemanshu Chokhani as Whole-time Director. He retires by rotation and offers himself for reappointment.

Special Business

Two special resolutions require shareholder approval:

• Regularization of Mrs. Shruti Vyas as an Independent Director. She was appointed as an Additional Non-Executive Independent Director on May 27, 2026. The resolution seeks to appoint her for a one-year term ending May 26, 2027.
• Continuation of Mr. Shyamsunder Chokhani as Whole-time Director despite attaining the age of seventy years. This requires a special resolution under Section 196(3)(a) of the Companies Act, 2013.

Voting and Participation

The company will facilitate remote e-voting through NSDL. The voting window opens on September 23, 2026, at 9:00 am and closes on September 27, 2026, at 5:00 pm. The record date for voting rights is September 21, 2026.

Members can join the virtual meeting through the NSDL e-voting platform. Proxy appointments are not permitted for this AGM, though body corporates may appoint authorized representatives.