Vinyl Chemicals (India) Ltd has successfully completed its postal ballot process, with shareholders overwhelmingly approving the appointment of two new directors to the company's board. The results were announced on 6th March, 2026, following the conclusion of the remote e-voting period on 5th March, 2026.

Director Appointments Approved

Shareholders approved both proposed director appointments with exceptional support:

Shri Kavinder Singh (DIN: 06994031) was appointed as a Non-Executive and Non-Independent Director through an ordinary resolution. Ms. Gira Sardesai (DIN: 02610502) was appointed as an Independent Director through a special resolution.

Voting Participation Details

The postal ballot process demonstrated strong shareholder engagement across different categories:

The promoter and promoter group showed unanimous support for both resolutions, casting 100.00% of their votes in favour. Among public non-institutional shareholders, 97.00% voted in favour of both appointments.

Regulatory Compliance and Process

The postal ballot was conducted in strict compliance with Sections 108 and 110 of the Companies Act, 2013, and SEBI Listing Regulations. The process followed guidelines prescribed by the Ministry of Corporate Affairs through various circulars and was executed through the National Securities Depository Limited (NSDL) e-voting platform.

The company had 40396 total shareholders as on the record date of 23rd January, 2026.

Scrutinizer Report and Compliance

Mr. Mitesh Dhabliwala (Membership No.: 8331, COP: 9511), Partner of Parikh & Associates, Practicing Company Secretaries, served as the appointed scrutinizer for the postal ballot process. His report confirmed that both resolutions were passed with the requisite majority as per the Companies Act, 2013 and SEBI Listing Regulations.

The voting results and scrutinizer's report have been made available on the company's website at www.vinylchemicals.com and on NSDL's e-voting portal at www.evoting.nsdl.com . The appointments are deemed effective from 5th March, 2026, the last date of the e-voting period.

The disclosure was made to BSE Ltd. and National Stock Exchange of India Ltd. under Regulation 30 and 44 of SEBI Listing Regulations, with Company Secretary and Compliance Officer Aarti Falorh signing the regulatory filing.

Vinyl Chemicals (India) Ltd has announced a postal ballot notice seeking shareholder approval for the appointment of two new directors to its Board. The company has issued the notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with voting to be conducted exclusively through electronic means.

Director Appointments Proposed

The postal ballot seeks approval for two key appointments made by the Board of Directors on January 20, 2026:

Shri Kavinder Singh, currently Joint Managing Director of Pidilite Industries Limited, brings over 38 years of experience in consumer-facing business sectors including FMCG and Hospitality. He holds a B.Tech in Mechanical Engineering from the National Institute of Technology, Warangal, and has attended management programs at Wharton School of Business, Harvard, Yale and IMD Lausanne Business School.

Ms. Gira Sardesai is a finance professional with more than 35 years of experience across different industries and multiple geographies. She is a Commerce Graduate, Chartered Accountant and Certified Public Accountant from American Institute of Certified Public Accounts. She will serve as an Independent Director for a first term of 5 consecutive years from February 2, 2026 to February 1, 2031.

E-voting Schedule and Process

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facility to shareholders. Key dates for the postal ballot process include:

In compliance with MCA circulars, the postal ballot notice is being sent only through electronic mode to shareholders whose email addresses are registered with the company or depositories. Physical copies of the notice along with postal ballot forms are not being dispatched to members.

Scrutinizer Appointment

The company has appointed Shri P.N. Parikh, Practising Company Secretary (Membership No. FCS 327, CP No.1228) as the scrutinizer for conducting the postal ballot and e-voting process. Alternative scrutinizers include Shri Mitesh Dhabliwala (Membership No. FCS 8331, CP No. 9511) and Smt. Sarvari Shah (Membership No. FCS 9697, CP No. 11717).

Regulatory Compliance

The postal ballot is being conducted pursuant to Sections 108 and 110 of the Companies Act, 2013, and various MCA circulars including General Circular No. 3/2025 dated September 22, 2025. The notice is available on the company's website at www.vinylchemicals.com and on NSDL's e-voting portal at www.evoting.nsdl.com .

Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of January 23, 2026, are eligible to participate in the e-voting process. The voting rights are calculated based on one vote per equity share registered in the shareholder's name.