Chemiesynth Vapi Limited, a Gujarat-based chemical company, announced the unexpected passing of its Chief Financial Officer, Parimal Amratlal Desai, on September 7, 2025. The company informed the BSE Limited of this unfortunate event on September 8, 2025, in compliance with SEBI regulations.

A Legacy of Leadership

Mr. Desai had been an integral part of Chemiesynth (Vapi) Limited for two decades, having served as the company's CFO since 2015. His sudden demise has been described by the company as an "irreparable loss," highlighting the significant impact he had on the organization during his tenure.

Career Highlights

During his 20-year career at Chemiesynth (Vapi) Limited, Mr. Desai played crucial leadership roles that contributed to the company's growth and success. His appointment as CFO in 2015 marked a period of visionary leadership that greatly benefited the company.

Company's Response

In a statement to the BSE, Chemiesynth (Vapi) Limited expressed deep sorrow over Mr. Desai's passing:

"Mr. Parimal A Desai played crucial leadership roles through his 20 years career at Chemiesynth (Vapi) Limited. He was appointed as a CFO in 2015 and the Company immensely benefitted from his vision and leadership during his tenure. His sudden and unexpected passing away will be an irreparable loss to the Company and all the directors and employees of the Company convey deep sympathy, sorrow and condolences to Desai family."

Regulatory Compliance

The company promptly informed the stock exchange about this material event on September 8, 2025, in accordance with Schedule III of Regulation 30 of SEBI (LODR) Regulations, 2015. This swift action demonstrates Chemiesynth (Vapi) Limited's commitment to transparency and regulatory compliance.

As the company navigates this difficult period, the focus will likely turn to ensuring continuity in financial leadership. Chemiesynth (Vapi) Limited will undoubtedly feel the impact of losing such a long-standing and influential member of its executive team.

Chemiesynth (Vapi) Limited , a chemical manufacturing company, has made several important announcements following its Board of Directors meeting held on August 12. The company has approved its unaudited financial results for the quarter ended June 30 and scheduled its 39th Annual General Meeting (AGM) for September 30.

Key Highlights

• Q1 Financial Results: The Board of Directors has approved the unaudited financial results for the quarter ended June 30. The Limited Review Report from the Statutory Auditor on these financial statements has been considered and noted.

• 39th Annual General Meeting: The company's 39th AGM is scheduled for September 30, at 11:00 AM at the registered office of the company.

• Share Transfer Book Closure: The share transfer books will remain closed from September 23 to September 30 (both days inclusive) for the purpose of the AGM.

• E-voting Cut-off Date: The cut-off date for remote e-voting and voting at the 39th AGM has been set for September 23.

Key Appointments and Reappointments

Secretarial Auditor

Mr. Nitin Sarfare, Proprietor of Nitin Sarfare, Company Secretaries, has been appointed as the Secretarial Auditor for a five-year term from April 1, 2025, to March 31, 2030. Mr. Sarfare brings 10 years of post-membership experience in areas such as Company Law Compliances, FEMA Compliances, and Stock Exchange Compliances.

Internal Auditor

M/s Purvi Gandhi and Associates, Chartered Accountants, Mumbai, have been reappointed as Internal Auditors for the period 2025-2026 and 2026-2027. Mrs. Purvi Gandhi, the principal auditor, has 24 years of post-membership experience in Audit and Direct Taxation.

AGM Scrutinizer

CS Mr. Nitin Sarfare has also been appointed as the Scrutinizer for the 39th AGM.

Other Important Decisions

• The Board has approved the Directors' Report along with the Management Discussion and Analysis report and other disclosures.
• Mr. Sandip Zaveri and Mr. Satish Zaveri, Directors, have been authorized to issue the Directors' report with all attachments to the company's members.
• The Benpose Date for sending the AGM notice to members has been fixed as August 28.

Chemiesynth (Vapi) Limited, with its registered office at Plot No. 27, GIDC, Phase-1, Vapi - 396195, continues to fulfill its regulatory obligations and maintain transparency with its shareholders through these timely disclosures and appointments.

Investors and stakeholders are advised to take note of these important dates and developments as the company prepares for its upcoming Annual General Meeting.