Minutes of 40th AGM - all 7 resolutions approved including Rs.7 dividend
VINYLINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vinyl Chemicals (India) filed minutes of its 40th AGM held on June 5, 2026 via video conferencing. Shareholders approved all 7 resolutions including adoption of FY26 audited financial statements, dividend of Rs.7 per equity share (totalling about Rs.12.84 crore on 1.83 crore shares), re-appointment of N.K. Parekh and M.B. Parekh as Managing Director for 5 years from April 2027, re-appointment of P.D. Shah as Independent Director for a second term of 5 years, commission to non-executive directors up to 1 percent of net profits, and material related party transactions with promoter Pidilite Industries up to Rs.1300 crore. All resolutions passed with over 99 percent votes in favour.
Confirms Rs.7 per share dividend and management continuity. The Rs.1300 crore related party approval with Pidilite is routine but worth tracking for governance.