BSEPolychem LtdMediumNeutral
Announced Fri, 20 Mar · 16:56 IST

Disclosure of Voting Results of Postal Ballot by remote e-voting as required under reg 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizers Report

Management Changes View source PDF

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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
-4.6%1-day move
₹1994.00
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.6+0.1+2.8-1.7+3.8+3.1+3.8+1.9+3.8+0.3
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AI summary

Polychem Ltd has disclosed the voting results of a postal ballot conducted via remote e-voting from February 17, 2026 to March 18, 2026. The single special resolution was for the re-appointment of Mr. Parthiv T. Kilachand (DIN: 00005516) as Managing Director for a fresh term of 3 years effective April 1, 2026. Out of 5,893 shareholders on record as of the cut-off date, the resolution was passed with the requisite majority. The scrutinizer, M/s. Ragini Chokshi & Co., Company Secretaries, has confirmed the e-voting process was conducted in a fair and transparent manner, with results also uploaded on the company's website and NSDL's e-voting portal.

Likely market impact

This is a routine, expected governance outcome — the re-appointment of an existing Managing Director by shareholder approval ensures leadership continuity at the top. No material change in management or strategy is signaled, and the stock is unlikely to see any meaningful price reaction from this disclosure.