Submission of E-Voting Results and Scrutinizer''s Report for 29th AGM held on 24th September 2025
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Chemcrux Enterprises held its 29th AGM on 24th September 2025 via video conferencing, where all 9 resolutions were approved with overwhelming shareholder support. Key items passed include adoption of FY25 audited financial statements, a final dividend of Re. 1 per share (10%), re-appointment of Mrs. Sidhdhi Shah as director, appointment of M/s. KSPS & Co LLP as secretarial auditor, and continuation of Mr. Girishkumar Shah (Executive Chairman), Mr. Sanjay Marathe (Managing Director) and Mr. Bhanubhai Patel (Independent Director) beyond their respective retirement ages. Shareholders also approved an increase in authorised share capital and the new Chemcrux Enterprises Employee Stock Option Scheme 2025 (ESOP 2025). Total of 1,10,47,790 shares (74.60% of outstanding shares) were voted, with every resolution receiving more than 99.8% approval. Mr. Kashyap Shah of Kashyap Shah & Co., Practising Company Secretaries, served as scrutinizer.
Shareholders have endorsed a 10% final dividend payout and given the green light to the ESOP 2025 scheme, which may dilute equity over time. The continuation of all three key directors beyond retirement age signals management continuity, while the increase in authorised share capital gives the company room to raise fresh capital or issue more shares in the future.