Vinyl Chemicals to transfer unclaimed shares to IEPF Authority

1 min read     Updated on 01 Jun 2026, 10:01 AM
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Jubin VScanX News Team
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Vinyl Chemicals (India) Ltd will transfer equity shares related to unclaimed dividends from FY 2018-2019 to the IEPF Authority. Shareholders must claim dividends before August 31, 2026, to avoid the transfer of shares.

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Vinyl Chemicals (India) Ltd will transfer equity shares pertaining to unclaimed dividends for the Financial Year 2018-2019 to the Investor Education and Protection Fund (IEPF) Authority. The transfer is mandated under Section 124 of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as dividends have remained unclaimed for seven consecutive years or more.

The company has dispatched individual notices to affected shareholders and uploaded their details on its website. Shareholders are advised to verify these details and claim their outstanding dividends immediately. For shares held in physical form, original share certificates will become automatically cancelled and non-negotiable upon transfer. For dematerialized holdings, the shares will be debited from the shareholder's account.

Key Dates and Requirements

Shareholders must claim their unclaimed dividends on or before August 31, 2026. Failure to do so will result in the company transferring the shares to the IEPF Authority without further notice. Once transferred, shares and any accruing benefits can only be reclaimed by submitting an application in Form IEPF-5 to the IEPF Authority.

Contact Information

Shareholders with queries may contact the Registrar & Transfer Agents, M/s. MUGF Intime India Pvt. Ltd., at C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai-400083. Requests can also be raised via the service request link on the RTA's website or by emailing the company at cs.vinylchemicals@pidilite.com .

Historical Stock Returns for Vinyl Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-6.19%-1.79%+1.53%-17.71%+74.76%

How might the transfer of unclaimed shares to the IEPF Authority impact Vinyl Chemicals' shareholder structure and liquidity?

What steps can the company take to improve investor awareness and reduce the volume of unclaimed dividends in the future?

Could this move lead to increased regulatory scrutiny or similar actions by other companies in the sector?

Vinyl Chemicals Schedules 40th AGM on June 5; FY26 Net Profit Falls 26%

3 min read     Updated on 14 May 2026, 09:12 AM
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Vinyl Chemicals (India) Limited has scheduled its 40th AGM for June 5, 2026, via VC/OAVM, with e-voting open from June 2–4, 2026. The company reported a 26% decline in FY26 net profit to ₹1,649 lakhs despite revenue rising to ₹65,243.74 lakhs, and has recommended a dividend of ₹7 per equity share. Shareholders without registered email addresses have been directed to the company's website and RTA, MUFG Intime India Private Limited, for accessing AGM documents and updating contact details.

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Vinyl Chemicals (India) Limited has scheduled its 40th Annual General Meeting (AGM) for Friday, June 5, 2026, at 3:30 p.m. (IST) through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The company published an advertisement on May 13, 2026, in Business Standard (English – All India Edition) and Tarun Bharat (Marathi – Mumbai Edition), notifying shareholders of the meeting. In compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, the company has also issued letters to shareholders whose email addresses are not registered, providing a weblink to access the Notice of the 40th AGM and the Annual Report for the financial year 2025-2026. The deemed venue of the AGM shall be the company's registered office at Regent Chambers, 7th Floor, Jamnalal Bajaj Marg, 208, Nariman Point, Mumbai.

Financial Performance

Vinyl Chemicals reported a net profit of ₹1,649 lakhs for the financial year ended March 31, 2026, a 26% decline from ₹2,233 lakhs in the previous year. Despite the drop in profit, revenue from operations rose to ₹65,243.74 lakhs from ₹62,525.00 lakhs in the prior year. Profit before tax stood at ₹2,218 lakhs, down from ₹3,040 lakhs, while total comprehensive income for the period was ₹1,642.81 lakhs.

The following table summarises the key financial metrics for the year:

Particulars: Current Year (2025-2026) (₹ in Lakhs) Previous Year (2024-2025) (₹ in Lakhs)
Revenue from operations: 65,243.74 62,525.00
Profit before tax: 2,218 3,040
Net profit for the year: 1,649 2,233
Earnings per share (Basic): 8.99 12.17
Total Comprehensive Income: 1,642.81 2,226.85

AGM and Dividend Details

The Board of Directors has recommended a dividend of ₹7 per equity share of face value ₹1 each for the financial year ended March 31, 2026, aggregating to ₹12,83,59,777, subject to shareholder approval at the 40th AGM. The record date for determining dividend entitlement has been set as Friday, May 22, 2026, with dividend payment expected to commence on or after June 15, 2026. The Notice of the 40th AGM and Annual Report for the financial year 2025-2026 are available on the company's website at www.vinylchemicals.com and on the websites of BSE Limited, National Stock Exchange of India Limited, and NSDL.

Key AGM and e-voting timelines are as follows:

SR.No. Particulars: Details
1. Last date for submission of TDS exemption forms 20-May-2026
2. Record date for Dividend 22-May-2026
3. Cut-off date for e-Voting 29-May-2026
4. e-Voting start date and time 2-June-2026 at 09:00 a.m. (IST)
5. e-Voting end date and time 4-June-2026 at 05:00 p.m. (IST)
6. Dividend payment date On or after 15-June-2026

Operational Highlights

During the year under review, sales turnover from trading activity was ₹63,193 lakhs, an increase from ₹59,687 lakhs in the previous year. The company's primary business involves trading in chemicals, specifically Vinyl Acetate Monomer (VAM). The cost of traded goods sold was ₹62,011.23 lakhs, up from ₹58,764.14 lakhs in the prior year. Total expenses increased to ₹64,144.65 lakhs from ₹59,985.46 lakhs. The company had 13 permanent employees on its rolls as on March 31, 2026.

Related Party Transactions

Vinyl Chemicals is seeking shareholder approval at the 40th AGM for material related party transactions with Pidilite Industries Limited (PIL), its promoter company holding 40.64% equity, for the sale of goods (VAM) up to an aggregate value of ₹1,300 crores for the period from April 1, 2026 till the conclusion of the AGM for the financial year ending March 31, 2027. During the financial year 2025-2026, the company's sales to PIL and its subsidiaries included ₹56,047.60 lakhs to Pidilite Industries Ltd., ₹163.85 lakhs to Pidilite Speciality Chemicals Bangladesh Pvt. Ltd., and ₹111.16 lakhs to Pidilite Lanka Pvt. Ltd.

Shareholder Communication and RTA Details

Shareholders who have not registered their email addresses are advised to update their details to receive communications electronically. Members holding shares in dematerialised mode are requested to contact their respective Depository Participant, while those holding shares in physical mode may write to the company's Registrar & Transfer Agent. Key details of the Registrar & Transfer Agent are as follows:

Parameter: Details
Name: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Address: C-101, 1st Floor, Embassy 247 Park, Lal Bahadur Shastri Marg, Vikhroli West, Mumbai – 400083
Tel. No.: +91 8108118484
Website: www.in.mpms.mufg.com
Email: investor.helpdesk@in.mpms.mufg.com

Historical Stock Returns for Vinyl Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-6.19%-1.79%+1.53%-17.71%+74.76%

Given the 26% decline in net profit despite revenue growth, what cost pressures or margin compression factors could continue to impact Vinyl Chemicals' profitability in FY2026-27?

With nearly 86% of sales concentrated with Pidilite Industries and its subsidiaries, how might any slowdown in Pidilite's adhesives business or supply chain diversification efforts affect Vinyl Chemicals' revenue outlook?

As global VAM prices remain volatile due to feedstock dependencies, how exposed is Vinyl Chemicals to commodity price fluctuations, and are there any hedging strategies being considered?

More News on Vinyl Chemicals

1 Year Returns:-17.71%