Shri Jagdamba Polymers submits voting results for 42nd AGM
- All nine resolutions passed at the 42nd AGM
- Final dividend of ₹1 per share approved for FY26
- Voting results submitted to BSE under SEBI (LODR) Reg 44(3)
- Scrutinizer report confirms requisite majority for all items
*this image is generated using AI for illustrative purposes only.
Shri Jagdamba Polymers Limited has submitted the voting results and scrutinizer's report for its 42nd Annual General Meeting held on September 24, 2026. All nine resolutions proposed at the meeting were passed with the requisite majority.
The meeting, convened at the Hyatt Regency Ahmedabad, saw the approval of standalone and consolidated financial statements for FY26 and a final dividend of ₹1 per equity share. The submission was made to BSE Limited pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015.
Key resolutions and voting outcomes
The scrutinizer's report confirmed that all ordinary and special business items were approved by shareholders. The following table summarizes the key resolutions and their status:
| Item | Particulars | Nature | Status |
|---|---|---|---|
| 1 | Adoption of standalone and consolidated financial statements for FY26 | Ordinary | Passed |
| 2 | Declaration of final dividend of ₹1 per equity share for FY26 | Ordinary | Passed |
| 3 | Re-appointment of Mrs. Radhadevi Agrawal as Director | Ordinary | Passed |
| 4 | Appointment of Mr. Aalay Girishbhai Mehta as Independent Director | Special | Passed |
| 5 | Appointment of Mr. Hardik Kirankumar Shah as Independent Director | Special | Passed |
| 6 | Revision in remuneration of Mr. Kiranbhai Bhailalbhai Patel | Special | Passed |
| 7-9 | Approval of material related party transactions with Global Polyweave, Shakti Polyweave, and Harmony Finvest | Ordinary | Passed |
Voting details and attendance
A total of 42 shareholders attended the meeting in person or through proxy, satisfying the requisite quorum under Section 103 of the Companies Act, 2013. Remote e-voting commenced on September 21, 2026, at 9:00 am and concluded on September 23, 2026, at 5:00 pm. Members present also had the option to vote via polling paper.
Mr. Gaurang Shah, Proprietor of G R Shah & Associates, served as the Scrutinizer. His report, dated September 25, 2026, detailed the votes cast in favor and against each resolution. The results were subsequently uploaded on the company website and the CDSL portal.
Management commentary
Mr. Ramakant Bhojnagarwala, Chairman & Managing Director, welcomed shareholders and presented the company's financial performance. He noted that despite global economic headwinds, the company maintained operational resilience. Mr. Hanskumar Agarwal, Chief Executive Officer, outlined priorities for FY27, focusing on global expansion, sustainability, and long-term value creation.
Historical Stock Returns for Shri Jagdamba Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.08% | -0.02% | +1.55% | -9.81% | -9.81% | -9.81% |
How will the newly appointed independent directors, Mr. Aalay Girishbhai Mehta and Mr. Hardik Kirankumar Shah, influence the company's strategic direction for FY27?
What specific global expansion markets is Shri Jagdamba Polymers targeting in FY27, and how does this align with current geopolitical trade dynamics?
What are the projected financial impacts of the revised remuneration for Mr. Kiranbhai Bhailalbhai Patel on the company's overall operating expenses?
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