pcbl chemical has allotted 4,000 units of Commercial Paper aggregating Rs 200 Crores on 23 April 2026, pursuant to powers delegated by the Board of Directors to the Fund Raising Committee-Commercial Paper. The allotment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The Commercial Paper carries a face value of Rs 5,00,000 per unit with a tenure of 90 days. The instrument offers a coupon rate of 6.38% per annum with interest payable upfront. The principal amount will be paid on maturity, which is scheduled for 22 July 2026. The Commercial Paper is unsecured in nature with no special rights attached.

Issuance Structure

The Commercial Paper has been issued in favor of Kotak Mahindra Bank, with Yes Bank Limited acting as the Issue and Paying Agent (IPA). The securities are proposed to be listed on BSE Ltd. There is no delay in payment of interest or principal amount for a period of more than three months from the due date, and no default in payment has been reported.

PCBL Chemical Limited, formerly known as PCBL Limited, is headquartered at 31 Netaji Subhas Road, Kolkata – 700 001, West Bengal, India. The company's Corporate Office is located at RPSG House, 4th Floor, 2/4 Judges Court Road, Kolkata – 700 027.

PCBL Chemical Limited has completed the mandatory newspaper publication of its postal ballot notice, fulfilling regulatory requirements under SEBI Listing Regulations. The company published the postal ballot and e-voting information in Business Standard (English) and Aajkal (Bengali) newspapers, as communicated to stock exchanges on April 9, 2026.

Regulatory Compliance and Publication

The company has adhered to Regulation 30 read with Schedule III and Regulation 47 of the SEBI Listing Regulations by publishing the postal ballot information in prescribed newspapers. The publication serves to inform all shareholders about the ongoing voting process for the appointment of Ms. Sneh Lata as Non-Executive Independent Woman Director.

Director Appointment Process

The postal ballot seeks shareholder approval for appointing Ms. Sneh Lata (DIN: 11628402) as Non-Executive Independent Woman Director for a five-year term from March 26, 2026 to March 25, 2031. The Board of Directors had initially appointed her as Additional Director on March 26, 2026, following the Nomination and Remuneration Committee's recommendation.

E-Voting Timeline and Process

National Securities Depository Limited (NSDL) provides the remote e-voting platform, with Mr. Manoj Prasad Shaw (FCS No: 5517) serving as scrutinizer. The voting process follows strict regulatory timelines established under the Companies Act, 2013.

Professional Credentials

Ms. Sneh Lata brings extensive legal and corporate expertise, holding a B.A., LL.B (Hons) degree from National University of Study and Research in Law, Ranchi. She currently serves as Counsel in the Corporate and Commercial practice group at Khaitan & Co, specializing in mergers and acquisitions, private equity transactions, joint ventures, and strategic advisory services.

Shareholder Communication

The company has completed electronic dispatch of the postal ballot notice to shareholders whose email addresses are registered with the company or depositories. Shareholders holding physical shares can register their email addresses with the company at pcbl.investor@rpsg.in or with the registrar MUFG Intime India Private Limited at kolkata@in.mpmfs.mufg.com to receive future communications.