Yash Chemex Limited shareholders have approved the appointment of M/s TRS & Associates, Chartered Accountants, as its statutory auditors. The resolution was passed on August 10, 2026, following a remote e-voting process conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment fills a causal vacancy created by the resignation of the previous statutory auditors, M/s S. L. Patel & Co., Chartered Accountants.

The voting results were submitted to the Bombay Stock Exchange (BSE) on August 11, 2026, accompanied by the scrutinizer’s report issued by CS Kunal Sharma of Kunal Sharma & Associates. The Board of Directors appointed the scrutinizer on July 6, 2026, to ensure a fair and transparent voting process. The record date for the postal ballot was July 3, 2026, with 3,519 shareholders eligible to vote. The e-voting window opened on July 12, 2026, and closed at 5:00 PM IST on August 10, 2026.

Voting Results

The resolution was put forward as an ordinary resolution. Promoters and the promoter group held 6,618,352 shares and voted unanimously in favor. Public non-institutional shareholders held 3,625,073 shares, with nearly all votes cast supporting the appointment. No public institutional shares were recorded as holding or voting.

A total of 5,519,453 votes were polled, representing 53.88% of the outstanding shares. Of these, 5,519,451 votes were cast in favor, while only two votes were cast against. There were no invalid votes recorded across any category. The high level of support indicates broad shareholder consensus for the change in statutory auditors.

Auditor Transition Details

M/s TRS & Associates, bearing Firm Registration Number (FRN) 141126W, will assume the role of statutory auditor immediately upon approval. This replaces M/s S. L. Patel & Co., Chartered Accountants (FRN: 119211W), who resigned from the position. The company did not disclose specific reasons for the resignation of the outgoing auditors in the filing, nor did it detail the tenure or fee structure for the incoming firm beyond the standard appointment resolution.

The e-voting facility was provided by Bigshare Services Private Limited, which assigned EVSN 1173 for this process. Notices were sent electronically to members whose email addresses were available with the company, registrar, or depositories. Physical notices were not dispatched. Public notices regarding the completion of dispatch were published in Business Standard and Jai Hind on July 11, 2026.

What the Numbers Show

The near-unanimous support for the auditor appointment suggests no significant controversy surrounding the transition. With promoters casting all their polled votes in favor and public shareholders showing 99.9997% support, the governance risk associated with auditor changes appears minimal. The low voter turnout of 53.88% is typical for postal ballots but highlights that less than half of the total shareholding actively participated in this governance decision.

Yash Chemex Limited has scheduled remote e-voting from July 12, 2026, to July 17, 2026, to seek shareholder approval for the appointment of M/s TRS & Associates, Chartered Accountants as statutory auditors. This appointment fills a casual vacancy caused by the resignation of the previous auditors, M/s S. L. Patel & Co, Chartered Accountants, effective May 19, 2026. The Board of Directors has recommended the firm for the role, subject to ratification by shareholders through the postal ballot process.

The postal ballot notice was dispatched to shareholders on July 10, 2026. Shareholders holding shares as on the cut-off date of July 3, 2026, are eligible to participate. The results of the ballot will be declared on or before July 19, 2026. The company has intimated the completion of the dispatch of the notice and the publication of advertisements in Business Standard and Jai Hind newspapers on July 11, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointments and Details

The proposed remuneration for the statutory auditors is INR 4.00 Lakhs per annum plus applicable taxes and out-of-pocket expenses. The firm, M/s TRS & Associates, holds a Peer Review Certificate issued by the ICAI. The appointment, if approved, will be effective until the conclusion of the 20th Annual General Meeting of the Company.