Virgo Polymers India Limited concluded its 41st Annual General Meeting on September 28, 2026, approving the adoption of audited financial statements for FY26 and the reappointment of Vivek Ramsisaria as Managing Director.

The meeting was conducted through Video Conferencing in compliance with Ministry of Corporate Affairs and SEBI circulars. A total of 26 shareholders attended, satisfying the requisite quorum of 15 members. The proceedings commenced at 11:40 am and concluded at 11:50 am, with a subsequent 15-minute window provided for electronic voting.

Resolutions passed

The shareholders approved three key items of business, comprising two ordinary resolutions and one special resolution. The audited balance sheet as on March 31, 2026, along with the profit and loss account and cash flow statement for FY26, were adopted following unmodified reports from statutory and secretarial auditors.

Board attendance and governance

All directors attended the virtual meeting. Vivek Ramsisaria chaired the session, joined by Whole-Time Directors Varun Ramsisaria and Mamta Ramsisaria. Non-Executive Director Sunil Saraf and Independent Directors Rishav Sethia and Sagar Ramsisaria were also present. Key Managerial Personnel included Company Secretary Krishnamurthy Murali and Chief Financial Officer Jayasankar O.

The company engaged Central Depository Services (India) Limited to provide remote e-voting facilities from September 25 to September 27, 2026. Mr. S. Vasudevan of M/s. Lakshmi Subramanian & Associates served as the scrutinizer for the voting process. No questions were received from shareholders during the Q&A segment.

Virgo Polymers India Limited has reappointed Vivek Ramsisaria as Managing Director for a five-year term. The Board also fixed the date for the company's 41st Annual General Meeting.

The Board of Directors held its meeting on August 28, 2026. The session focused on administrative preparations for the upcoming AGM and key governance appointments.

AGM Details

The 41st Annual General Meeting will be held on Monday, September 28, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means. The Board approved the Notice for the ensuing AGM.

Shareholders on record as of Monday, September 21, 2026, will be eligible to vote. The Register of Members will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026.

Leadership Appointment

The Board approved the reappointment of Vivek Ramsisaria (DIN: 01942187) as Managing Director. His tenure will run from October 1, 2026, to September 30, 2031. This appointment is subject to shareholder approval at the AGM.

Ramsisaria holds an MBA in Finance. He has extensive experience in financial management and strategic planning. His relatives, Mamta Ramsisaria and Varun Ramsisaria, serve as Whole-Time Directors at the company.

Governance and Compliance

The Board took note of the Secretarial Audit Report for FY26. It was issued by N. Srividhya, the Practicing Company Secretary and Secretarial Auditor. The Board also approved the Board's Report and Management Discussion and Analysis Report for FY26.

Central Depository Services (India) Limited was appointed as the e-Voting Agency. Lakshmi Subramanian & Associates was appointed as the Scrutinizer for the voting process.