Announced Mon, 16 Mar · 15:59 IST

DMCC SPECIALITY CHEMICALS LIMITED has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

DMCC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹219.00
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.8-0.4-9.2-4.1-6.2+2.5+34.2+42.5+15.5
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AI summary

DMCC Speciality Chemicals Limited has announced the results of its postal ballot conducted via remote e-voting from February 13 to March 15, 2026. All five special resolutions were passed with overwhelming shareholder approval, each receiving over 99.99% votes in favour. The resolutions include the appointment of Ms. Saloni Jhaveri as Non-Executive Women Independent Director, the re-appointment of Shri Bimal Lalitsingh Goculdas as Managing Director and CEO for a 3-year term (April 2026 to March 2029), a revision in the remuneration of Shri Kuldeep Kumar Tiwari as Executive Director (Operations), alteration of the Memorandum of Association, and adoption of a new set of Articles of Association. Of the 18,890 shareholders on record, approximately 13.04 million votes were polled, representing about 52.28% of outstanding shares. The scrutinizer SKJ & Associates confirmed the voting process was fair and transparent.

Likely market impact

These approvals finalise key board-level changes including leadership continuity with the MD/CEO re-appointment and a new independent director addition. Shareholders have broadly endorsed management proposals, suggesting stable governance with no meaningful dissent. No immediate material impact on stock price is expected as the outcomes are procedural confirmations.