AksharChem India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 15, 2025
AKSHARCHEM · price
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AksharChem India has notified the exchanges about its 36th AGM scheduled for Monday, September 15, 2025 at 12:00 p.m. IST at its registered office in Indrad, Mahesana, Gujarat. The key agenda includes adopting the FY25 audited financials (standalone total income of Rs. 34,651.98 lakhs and PBT of Rs. 582.64 lakhs), declaring a final equity dividend for FY25, and re-appointing two directors retiring by rotation — Mr. Munjal M. Jaykrishna and Mr. Ashok D. Barot. A special resolution seeks to re-appoint Mrs. Paru M. Jaykrishna as Chairperson & Managing Director for 3 years (April 1, 2026 to March 31, 2029) with a basic salary of Rs. 6 lakh/month plus up to 2% commission on net profits. The notice also seeks approval to appoint Mr. Bipin L. Makwana as Secretarial Auditor for 5 years and ratifies Rs. 45,000 remuneration for the Cost Auditor for FY26. Remote e-voting via NSDL will be open from September 11 to September 14, 2025, with a cut-off date of September 5, 2025.
Shareholders should note the September 5 cut-off date to be eligible for the final dividend and to cast e-votes. The final dividend amount will be a key near-term catalyst for the stock, while the re-appointment of the promoter CMD and approval of her remuneration exceeding statutory limits in case of inadequate profits will be watched by governance-focused investors.