20 microns Limited has successfully concluded its postal ballot process through remote e-voting, with shareholders demonstrating strong support for the company's proposed resolutions. The voting process, which concluded on March 7, 2026, resulted in the approval of both resolutions with substantial majority support.

Postal Ballot Process Details

The company initiated the postal ballot process with a notice dated February 3, 2026, providing shareholders the opportunity to vote on two critical resolutions through remote e-voting. The voting window remained open from February 6, 2026, at 9:00 A.M. (IST) until March 7, 2026, at 5:00 P.M. (IST), ensuring adequate time for shareholder participation.

Resolution Outcomes and Voting Results

Both resolutions received overwhelming shareholder approval, demonstrating strong confidence in the company's strategic decisions. The first resolution, a special resolution concerning financial arrangements with related body corporates, secured significant support across all shareholder categories.

Special Resolution - Financial Arrangements

The special resolution for advancing loans, giving guarantees, and providing securities to body corporates in which directors are interested pursuant to Section 185 of the Companies Act, 2013, achieved remarkable success:

Ordinary Resolution - Key Appointment

The ordinary resolution for the appointment of Ms. Vedika Parikh as Strategy & Transformation Associate (AI + Finance) also received strong shareholder endorsement:

Scrutinizer Validation and Compliance

The postal ballot process was conducted under the supervision of Umesh Parikh, Partner of Parikh Dave & Associates, who served as the appointed scrutinizer. The scrutinizer's report, dated March 9, 2026, confirmed that the voting process was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.

The votes cast under remote e-voting facility were unblocked on March 9, 2026, at around 10:40 A.M. in the presence of two witnesses, Mrs. Riddhi Brahmabhatt and Mr. Chirag Chauhan, who were not in the employment of the company. The votes tendered through remote e-voting were reconciled with the records maintained by the Company's Registrar and Transfer Agent and then scrutinized based on the NSDL e-voting portal system.

Regulatory Compliance and Documentation

In accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, 20 Microns Limited has submitted comprehensive documentation to both BSE Limited (Scrip Code: 533022) and National Stock Exchange of India Limited (Symbol: 20MICRONS). The submission includes detailed voting results and the scrutinizer's report, ensuring full regulatory compliance and transparency for all stakeholders.

The company maintained full transparency throughout the process, with voting results and the scrutinizer's report made available on both the company's website at www.20microns.com and the National Securities Depository Limited (NSDL) platform at www.evoting.nsdl.com .

Source: None/Company/INE144J01027/b34a72df-b49c-4a3c-8e05-7ce14de43a59.pdf

20 Microns has announced a significant expansion initiative, unveiling plans for a ₹1 billion investment program designed to substantially enhance its market position. The specialty chemicals company has set an ambitious target to capture over 20% market share by 2030.

Expansion Investment Details

The company's strategic expansion plan represents a major capital commitment aimed at scaling operations and strengthening its competitive position in the specialty chemicals sector.

Strategic Growth Initiative

This substantial investment program signals 20 Microns' confidence in market opportunities and its commitment to long-term growth. The expansion plan is designed to position the company as a more significant player in its operating segments.

Market Position Target

The company's goal to achieve over 20% market share by 2030 represents an ambitious growth trajectory. This target reflects the company's strategic vision to become a more dominant force in the specialty chemicals industry through expanded capacity and enhanced operational capabilities.