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 of FY 2025-26 on 18th March 2026 at its registered office in Alwar, Rajasthan. Four resolutions were put to vote, and all four were passed with overwhelming majority — over 99.97% of polled votes were in favour in each case. The resolutions covered: (1) re-appointment of Shri Ajay Virmani as Managing Director for another 5 years from 12th July 2026 (ordinary resolution), (2) approval of remuneration for Shri Ajay Virmani (special resolution), (3) approval of remuneration for Shri Madhav Dhir, Whole Time Director (special resolution, in which promoter entities holding 60,01,420 shares abstained from voting), and (4) increase in the overall limit of managerial remuneration payable to directors (special resolution). Of the 47,945 shareholders on record date, only 42 public shareholders attended in person, and approximately 63.74% of outstanding shares were polled in total.
All four resolutions passed comfortably with near-unanimous support, signalling strong shareholder confidence in the existing management team and no governance disruption. The re-appointment of the Managing Director and approval of executive remuneration removes near-term leadership uncertainty, though investors should note the expanded managerial remuneration limit gives the board more flexibility on pay.