Extra Ordinary General voting results and scritnizer reprt for meeting held on 4th may 2026
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CHD Chemicals Ltd held an Extra Ordinary General Meeting on May 4, 2026 through video conferencing. Shareholders voted on one resolution: appointing M/s GAMS & Associates LLP as the new Statutory Auditor to fill the casual vacancy left by the resignation of M/s DSP & Associates. A total of 15 voters participated with 2,349,745 valid votes cast. The resolution was passed with overwhelming support - 2,229,745 votes in favour (94.89%) and 120,000 votes against (5.11%). No abstentions or invalid votes were recorded.
The appointment of new statutory auditors represents a routine corporate governance action following the resignation of the previous auditor. The large majority vote indicates shareholder approval. This change should not have any direct impact on the stock price as auditor changes due to resignation are standard practice when conducted transparently with proper procedures.