Vinyl Chemicals (India) Ltd. held its 40th Annual General Meeting (AGM) on June 5, 2026, through video conferencing, where shareholders approved all seven proposed resolutions. The meeting, chaired by Shri M. B. Parekh, saw the adoption of audited financial statements for the financial year ended March 31, 2026, and the declaration of a dividend on equity shares. The voting process was conducted via remote e-voting and electronic voting at the meeting, with a total of 9,032,866 votes polled representing 49.26% of the outstanding shares.

The company's shareholders approved the re-appointment of Shri M. B. Parekh as the Managing Director and Shri N. K. Parekh as a Director liable to retire by rotation. Additionally, Shri P. D. Shah was re-appointed as an Independent Director for a second term of five consecutive years. The resolutions for the payment of commission to Non-Executive Directors and the approval of material related party transactions with Pidilite Industries Limited were also passed.

Voting Results Summary

The scrutinizer's report confirmed that all resolutions received the requisite majority. The table below details the voting outcomes for the key resolutions:

Meeting Proceedings

The AGM commenced at 3:30 p.m. and concluded at 4:20 p.m. on June 5, 2026. A total of 39,783 shareholders were eligible to vote as on the cut-off date of May 29, 2026. While no shareholders were physically present, 48 participated through video conferencing, including 24 from the promoter group and 24 from the public. The statutory auditors and secretarial auditors were present, and their reports, which contained no qualifications, were taken as read.

Vinyl Chemicals (India) Ltd will transfer equity shares to the Investor Education and Protection Fund (IEPF) Authority if dividends declared for the financial year 2018-19 remain unclaimed for seven consecutive years. The company has stated that shares in respect of which dividend has remained unclaimed or unpaid for a period of seven consecutive years or more are required to be transferred to the demat account of the IEPF Authority. Shareholders are requested to claim the dividend before the transfer is executed.

The company has sent individual notices to the registered addresses of the concerned shareholders whose shares are liable to be transferred. Details of such shareholders have been uploaded on the company's website. Shareholders holding shares in physical form are advised that upon transfer, the original share certificates registered in their name will stand automatically cancelled and be deemed non-negotiable. For shares held in demat form, the quantity of shares liable to be transfer will be debited from the shareholder's account.

In case the concerned shareholders do not claim their unclaimed dividends on or before August 31, 2026, the company shall transfer the shares to the IEPF Authority without any further notice. Once the shares are transferred, including all benefits accruing on such shares, the same can be claimed only from the IEPF Authority by making an application in Form IEPF-5.

Key Dates and Actions

Shareholders with queries may contact M/s. MUGF Intime India Pvt. Ltd., the Registrar & Transfer Agents of the company, or raise a service request on the website of the Registrar and Share Transfer Agent.