Please find enclosed the Notice of 17th AGM to be held on Friday, June 12, 2026 @ 10.00 AM through VC/OAVM.
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Archean Chemical Industries Limited has called its 17th AGM on June 12, 2026 at 10:00 AM via video conferencing. The meeting will consider adoption of audited financial statements for FY 2025-26 and declare a final dividend of Rs. 2.50 per equity share (125% on Rs. 2 face value), payable by July 11, 2026 to shareholders on record as of June 5, 2026. Key agenda items include re-appointment of Mr. Ravi Pendurthi as director retiring by rotation, and re-appointment of statutory auditors PKF Sridhar & Santhanam LLP for another 4-year term at a remuneration of Rs. 56.6 lakhs for FY 2026-27. Two independent directors, Mr. Kandheri Munuswamy Mohandass and Mr. Chittoor Ghatambu Sethuram, are seeking re-appointment for second terms of 5 years each (December 2026 to December 2031). Special resolution is needed for Mr. Mohandass to continue as director after attaining 75 years of age. Cost auditor remuneration of Rs. 1.5 lakhs for FY 2026-27 is also on the agenda.
Declaration of Rs. 2.50 dividend signals healthy financial performance for FY 2025-26. Re-appointment of both independent directors for extended terms provides board continuity. E-voting runs from June 9-11, 2026.