Acutaas Chemicals Limited, a leading player in the specialty chemicals sector, held its 18th Annual General Meeting (AGM) on September 25, 2025, where shareholders approved several significant resolutions, including the reappointment of key leadership positions and the adoption of financial statements.

Leadership Continuity

The shareholders approved the reappointment of Nareshkumar Ramjibhai Patel as Managing Director and Executive Chairman for a five-year term from May 1, 2026, to April 30, 2031. This decision ensures continuity in the company's top leadership, with Patel bringing over two decades of experience in the chemical and pharma industry.

Additionally, Chetankumar Chhaganlal Vaghasia and Virendra Nath Mishra were reappointed as Whole Time Directors for five-year terms. Vaghasia's term will run from May 1, 2026, to April 30, 2031, while Mishra's term is set from April 1, 2026, to March 31, 2031.

Independent Director Reappointments

The meeting also saw the reappointment of two independent directors. Richa Manoj Goyal and Hetal Madhukant Gandhi were both approved for second terms of five consecutive years. Goyal, a practicing company secretary with over 20 years of experience in corporate laws and intellectual property rights, will serve from April 1, 2026, to March 31, 2031. Gandhi, a chartered accountant with three decades of experience in financial services, will serve from April 28, 2026, to April 27, 2031.

Financial Approvals and Dividend Declaration

Shareholders adopted the audited financial statements for the fiscal year ended March 31, 2025, along with the reports of the Board of Directors and Auditors. A final dividend of 30% (₹1.50 per equity share) for the financial year 2024-25 was declared, reflecting the company's strong financial performance.

Other Key Resolutions

The AGM also approved the ratification of remuneration for cost auditors for the financial year 2025-26 and the appointment of M/s KSPS & Co. LLP as the Secretarial Auditors of the company for a five-year term from FY 2025-26 to FY 2029-30.

Shareholder Participation and Voting

The meeting, conducted through video conferencing, saw active participation from shareholders. All resolutions were passed with significant majority, demonstrating strong shareholder support for the company's governance and strategic direction.

Acutaas Chemicals Limited's focus on maintaining leadership stability while ensuring robust corporate governance through the reappointment of experienced independent directors signals the company's commitment to sustained growth and shareholder value creation in the specialty chemicals sector.

Acutaas Chemicals Limited has reached a significant milestone in its sustainability journey, securing a Platinum Medal accreditation from EcoVadis, a renowned global provider of business sustainability ratings. This achievement, announced on August 26, 2025, places Acutaas Chemicals among the top 1% of companies assessed by EcoVadis worldwide for sustainability performance.

Sustainability Upgrade

The Platinum Medal represents a notable upgrade from Acutaas Chemicals' previous Gold Medal rating, reflecting the company's continued commitment to environmental, social, and governance (ESG) practices. This improvement demonstrates Acutaas Chemicals' dedication to enhancing its sustainability efforts across various aspects of its operations.

EcoVadis Assessment

EcoVadis evaluates companies based on a comprehensive set of sustainability criteria, including:

• Environmental practices
• Labor and human rights
• Ethics
• Sustainable procurement

The Platinum Medal is the highest recognition offered by EcoVadis, reserved for companies that demonstrate exceptional performance in these areas.

Company's Response

In an official statement to the stock exchanges on August 27, 2025, Acutaas Chemicals Limited expressed pride in this achievement. Ekta Kumari Srivastava, Company Secretary & Compliance Officer, stated:

"The EcoVadis Platinum Rating is the Sustainability scorecard which has put the Company amongst top 1% of the companies assessed by EcoVadis globally."

Industry Impact

As a chemical company, Acutaas Chemicals' achievement is particularly noteworthy. The chemical sector often faces scrutiny regarding environmental impact and sustainability practices. This Platinum Medal accreditation may potentially enhance Acutaas Chemicals' reputation in the industry and among environmentally conscious investors and customers.

Looking Ahead

While this recognition is a significant accomplishment, it also sets a high bar for Acutaas Chemicals to maintain and potentially improve upon in the future. Stakeholders will likely be watching closely to see how the company leverages this achievement to drive further sustainability initiatives and maintain its position among the global leaders in corporate sustainability.

The Platinum Medal from EcoVadis not only recognizes Acutaas Chemicals' current sustainability efforts but also encourages continued focus on ESG factors, which are increasingly important in today's business landscape.