Lords Chloro Alkali Limited has informed the Exchange about Shareholders meeting
LORDSCHLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lords Chloro Alkali Limited held its 1st Extra Ordinary General Meeting (EGM) for FY 2025-26 on March 18, 2026, at 11:30 a.m. at its registered office in Alwar, Rajasthan. A total of 42 members attended the meeting, which was chaired by Mr. Deepak Mathur, Whole Time Director, in the absence of a regular Chairman. Four special business items were placed before shareholders: (1) re-appointment of Shri Ajay Virmani as Managing Director for another 5 years effective July 12, 2026, (2) approval of remuneration for Shri Ajay Virmani, (3) approval of remuneration for Whole Time Director Shri Madhav Dhir, and (4) an increase in the overall limit of managerial remuneration payable to MD, WTDs and Directors. The meeting concluded at 12:00 p.m., and the final voting results from remote e-voting and poll are awaited and will be filed with the exchanges within two working days.
The EGM was focused on top management continuity and compensation, with shareholders being asked to approve a 5-year re-appointment of the Managing Director and higher remuneration limits for key executives. Short-term stock impact is likely limited, but investors should watch the forthcoming voting results, as rejection of remuneration proposals could signal shareholder dissent.