Announced Fri, 11 Sept · 15:05 IST
AGM 2026 voting results: all 6 resolutions passed with requisite majority
CHEMFAB · price
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Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹386.45
prior close
₹381.90
base price
In-mkt
timing
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-1.7-1.0-1.0—-3.4-8.1-7.6-4.3-7.8—————
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AI summary
Chemfab Alkalis held its 17th AGM on 9 Sept 2026 via video conferencing. All 6 resolutions passed with requisite majority. Highlights: FY26 financial statements approved, dividend of Rs.1.25 per share (12.5%) declared, director Suresh Krishnamurthi Rao reappointed, MSKC and Associates LLP appointed as statutory auditor for 5 years, cost auditor fee of Rs.1.9 lakh ratified, and commission for non-executive directors approved (99.98 percent in favour).
Likely market impact
Routine AGM; confirms Rs.1.25 dividend, new statutory auditor for 5-year term, and director continuity. No surprise.