Yash Chemex Limited has officially submitted its postal ballot voting results to BSE Limited, confirming the successful passage of all three special resolutions with overwhelming shareholder support. The company filed the scrutinizer's report on March 27, 2026, pursuant to Regulation 44 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Official Submission and Regulatory Compliance

The company submitted comprehensive voting results along with the scrutinizer's report dated March 27, 2026, following the conclusion of the remote e-voting process. The submission was made in compliance with Sections 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.

Voting Results Summary

All three special resolutions achieved identical voting patterns, demonstrating unanimous confidence across shareholder categories. The voting process attracted participation from 53.87% of outstanding shares.

Resolution-wise Approval Details

Each of the three special resolutions received identical overwhelming support from shareholders:

Board Appointments Approved

Voting Pattern Analysis

Scrutinizer's Certification Process

CS Kunal Sharma from Kunal Sharma & Associates conducted the scrutinization process, ensuring compliance with all regulatory requirements. The scrutinizer confirmed that all resolutions were passed with requisite majority through the remote e-voting mechanism.

Process Highlights:

• E-voting Platform: Bigshare Services Private Limited
• EVSN Number: 1067
• Voting Period: February 25, 2026 to March 26, 2026
• Cut-off Date: February 13, 2026
• Public Notice Date: February 24, 2026

Shareholder Participation Breakdown

The voting demonstrated strong engagement from both promoter and public shareholders, with the promoter group showing 73.58% participation rate.

The postal ballot process was conducted entirely through electronic means, with notices distributed via email to shareholders whose contact details were available with the company or its registrar. Public notices were published in Business Standard (English) and Jai Hind (vernacular) newspapers on February 24, 2026, ensuring broad stakeholder awareness of the voting process.

Yash Chemex Limited has announced a postal ballot notice to seek shareholder approval for three key board appointments through remote e-voting. The chemical trading company, engaged in importing and exporting dyes, intermediates, and chemicals, requires special resolution approval for all proposed director appointments.

Board Composition Changes

The company seeks approval for three special resolutions related to independent director appointments:

All three directors will serve as Non-Executive Independent Directors for five-year terms. Mr. Mehta and Mr. Shah's appointments are effective from February 14, 2026, to February 13, 2031, while Mr. Shah's re-appointment runs from December 29, 2025, to December 28, 2030.

Director Qualifications and Expertise

The proposed appointees bring diverse professional backgrounds to the board. Mr. Dhanik Jayeshkumar Mehta, aged 34, holds degrees in Commerce and professional qualifications as Chartered Accountant and Company Secretary. His expertise spans corporate finance, governance, regulatory compliance, financial reporting under Ind AS, and strategic risk management.

Mr. Bhaveshkumar Rajnikant Shah, aged 58, possesses a Bachelor's degree in Science and Master's in Computer & Statistics, with relevant experience as Assistant Incharge. Mr. Rushabh Anilkumar Shah, aged 30, brings over six years of Company Secretary experience with expertise in corporate laws, securities laws, capital markets, and regulatory compliance.

E-Voting Timeline and Process

The company has established a comprehensive timeline for the postal ballot process:

Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date are eligible to vote. The company will send postal ballot notices only through electronic mode to members with registered email addresses.

Committee Memberships

All three directors will serve on key board committees. Mr. Mehta will chair the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Mr. Shah and Mr. Shah will serve as members of these same committees, ensuring robust governance oversight.

Regulatory Compliance

The appointments comply with provisions of the Companies Act, 2013, and SEBI Listing Regulations. All proposed directors have submitted independence declarations and confirmed they meet the criteria under Section 149(6) of the Companies Act and Regulation 16(1)(b) of SEBI Listing Regulations. None of the directors hold equity shares in the company or have relationships with existing directors.

CS Kunal Sharma of M/s Kunal Sharma & Associates has been appointed as scrutinizer for the postal ballot process. The results will be announced at the company's registered office and published on the company website and BSE Limited, where the company's shares are listed.