Continental Chemicals Announces Key Appointments and AGM Results

Continental Chemicals Limited held its 40th Annual General Meeting (AGM) on September 20, 2025, making significant changes to its leadership and auditing structure. The company, headquartered in Noida, Uttar Pradesh, approved several key appointments during the virtual meeting, which lasted from 4:11 PM to 4:25 PM.

New Appointments and Reappointments

The shareholders approved the following appointments:

Secretarial Auditor: M/s B S Goyal & Co., led by proprietor B S Goyal (FCS: 4204, CP NO: 2915), has been appointed as the Secretarial Auditor for a five-year term from Financial Year 2025-2026 to 2029-2030.
Managing Director: Mr. Naresh Kumar Chibba (DIN: 00376963) has been reappointed as Managing Director for a two-year term starting August 1, 2026. Chibba, who holds a B.Com (Hons) degree from Delhi University, has been managing the company since its incorporation and brings vast experience in management and business. He currently holds 133,110 shares, representing 5.92% of the company's equity.
Independent Director: Ms. Parul Suraiya (DIN: 08490663) has been appointed as an Independent Director for a five-year term from September 20, 2025, to September 19, 2030. Suraiya brings experience in Hotel Management and Guest Service Management to the board.

AGM Voting Results

The AGM saw active participation from shareholders, with 47 attendees joining through video conferencing. The voting results for all resolutions were overwhelmingly positive:

Resolution	Votes in Favor	Votes Against
Adoption of Financial Statements	99.96%	0.04%
Reappointment of Mr. Aditya Vikram Chibba	99.96%	0.04%
Appointment of Secretarial Auditor	99.96%	0.04%
Reappointment of Mr. Naresh Kumar Chibba	99.96%	0.04%
Appointment of Ms. Parul Suraiya	99.96%	0.04%

It's worth noting that out of the total 2,249,000 shares, only 11,684 votes were polled, representing about 0.52% of the total shareholding.

Other Business

The AGM also approved the reappointment of Mr. Aditya Vikram Chibba (DIN: 02838045) as a director, who was retiring by rotation.

Continental Chemicals Limited has made these appointments in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has duly informed the Bombay Stock Exchange of these changes.

The company's proactive approach in strengthening its leadership and governance structure signals its commitment to growth and regulatory compliance in the coming years.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%

Continental Chemicals Limited (CCL) has made significant changes to its leadership and governance structure, as announced in a recent board meeting. The company's Board of Directors has approved several key appointments, subject to shareholder approval, which are set to shape the future direction of the organization.

Reappointment of Managing Director

Mr. Naresh Kumar Chibba has been reappointed as the Managing Director of Continental Chemicals Limited for a two-year term, effective from August 1, 2026. Mr. Chibba, who holds a B.Com (Hons) degree from Delhi University, has been at the helm of the company since its inception. His extensive experience in management and business operations has been instrumental in guiding CCL through various stages of growth.

Mr. Chibba currently holds 133,110 shares, representing a 5.92% stake in the company. His reappointment signals continuity in leadership and strategy for Continental Chemicals Limited.

New Independent Director

In a move to strengthen its board, CCL has appointed Ms. Parul Suraiya as an Independent Director. Ms. Suraiya's appointment is effective from August 6, 2025, for an initial term until the next Annual General Meeting. Subject to shareholder approval, her term may be extended for five years.

Ms. Suraiya brings valuable experience in Hotel Management and Guest Service Management to the board. This diverse skill set is expected to contribute fresh perspectives to CCL's strategic decisions. It's worth noting that Ms. Suraiya currently holds no shares in the company.

Appointment of Secretarial Auditor

The board has also appointed M/s B S Goyal & Co. as the Secretarial Auditor for Continental Chemicals Limited. This appointment is for a term of five consecutive years, spanning from the Financial Year 2025-2026 to 2029-2030. B S Goyal & Co., led by proprietor B S Goyal (FCS: 4204, CP NO: 2915), is known for providing secretarial, legal, compliance, and management services using advanced tools and technologies.

Additional Board Decisions

The board meeting, which was held on August 25, 2025, also addressed several other important matters:

Approval of the Draft Board's Report for the year ended March 31, 2025.
Re-appointment of Mr. Aditya Vikram Chibba as a director, subject to shareholder approval.
Setting the date for the 40th Annual General Meeting, which will be held on September 20, 2025, through video conferencing.
Appointment of Mr. B.S. Goyal & Co. as the Scrutinizer for the upcoming AGM.
Approval of the closure of the Register of Members and Share Transfer Books from September 14 to 20, 2025, for the purpose of the AGM.

These appointments and decisions reflect Continental Chemicals Limited's commitment to maintaining strong corporate governance and adapting to evolving business needs. Shareholders will have the opportunity to vote on these changes at the upcoming Annual General Meeting.

The company has also announced that it will provide shareholders with the facility to cast their votes electronically on all resolutions set forth in the AGM notice, ensuring a transparent and accessible voting process.