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.

20 microns Limited has dispatched a postal ballot notice on February 3, 2026, seeking shareholder approval for two significant special business items under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notice, dated January 24, 2026, has been sent to members whose names appear in the Register of Members as on the cut-off date of January 30, 2026.

Key Business Items for Approval

The postal ballot seeks member approval for two critical business matters that require special resolutions:

Financial Authorization Details

The first item seeks approval for advancing loans, giving guarantees, and providing securities to entities where directors have interests, pursuant to Section 185 of the Companies Act, 2013. The company is requesting authorization up to an aggregate amount not exceeding ₹50 crores outstanding at any point of time. These funds will be utilized by borrowing body corporates exclusively for their principal business activities, with terms and conditions including interest rates, tenure, and security to be determined by the Board of Directors.

Executive Appointment Proposal

The second item involves the appointment of Ms. Vedika Parikh as Strategy & Transformation Associate (AI + Finance), effective February 1, 2026. This appointment constitutes both a related party transaction and an office of profit under the Companies Act, 2013.

Ms. Vedika Parikh holds a Bachelor of Science in Economics and Bachelor of Arts in Business with Finance concentration from the University of North Carolina at Chapel Hill. She has professional experience with Bank of America's Investment Banking division and growth-stage venture capital firms including Innovius Capital and Top Tier Capital.

Voting Timeline and Process

The company has implemented a comprehensive e-voting process for member participation:

Scrutinizer Appointment

The Board of Directors has appointed Mr. Umesh Parikh (Membership No. FCS 4152), and failing him Mr. Uday Dave (Membership No. FCS 7158), Partners of M/s Parikh Dave & Associates, Practicing Company Secretaries, Ahmedabad, as scrutinizers for conducting the postal ballot process. The scrutinizer will submit their report to the Chairman, ensuring a fair and transparent voting process.

Regulatory Compliance

The postal ballot notice has been issued in compliance with multiple regulatory frameworks including Section 110 of the Companies Act, 2013, Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI LODR Regulations. The notice is available on the company's website at www.20microns.com and will be communicated to stock exchanges upon completion of the voting process.