The 68th Annual General Meeting of Polychem Limited is scheduled to be held on Tuesday, 12th August, 2025 at 11.00 a.m. through Video Conference / other audio visual means (OAVM).
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Polychem Limited has called its 68th AGM on Tuesday, 12th August 2025 at 11:00 a.m., to be held via Video Conference (VC)/OAVM. Key items on the agenda include adoption of audited standalone and consolidated financial statements for FY ended 31st March 2025, declaration of a Rs 20/- dividend per share (200% on Rs 10 face value), and re-appointment of Mr. T. R. Kilachand as Director (retiring by rotation). Shareholders will also vote on appointing M/s Ragini Chokshi & Co. as Secretarial Auditors for 5 years (FY 2025-26 to FY 2029-30) with a proposed remuneration of Rs 1,00,000 for FY 2025-26, and on paying commission up to 1% of net profits to Non-Executive Directors for FY 2025-26 through FY 2027-28. The record date for the dividend is 1st July 2025, with the register of members closed from 6th to 12th August 2025. Remote e-voting opens 8th August and closes 11th August 2025.
Shareholders are set to receive a strong 200% dividend (Rs 20 per share) for FY25, which is a positive signal of cash returns. The continuation of family-led management (Kilachand family) and standard governance items like auditor appointment and director commission approval are routine, with no negative signals. Stock price impact is likely neutral to mildly positive given the healthy dividend declaration.