Vinyl Chemicals (India) Limited has informed the Exchange about General Updates
VINYLINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vinyl Chemicals (India) Limited has issued notice for its 40th AGM scheduled on 5th June, 2026 at 3:30 PM via video conferencing. Key agenda items include adoption of audited financial statements for FY ended 31st March, 2026, and declaration of dividend. The meeting will also seek shareholder approval for material related party transactions with promoter company Pidilite Industries Limited up to Rs 1,300 crore for FY 2026-27. Additionally, special resolutions are proposed for re-appointment of Managing Director M.B. Parekh (for 5 years from April 2027), Independent Director P.D. Shah (second term of 5 years), and Director N.K. Parekh who has attained 75 years of age. Non-executive directors may receive commission up to 1% of net profits. Record date for dividend entitlement is 22nd May, 2026.
Shareholders should participate in voting as multiple items involve related party transactions and key management appointments. The large Rs 1,300 crore related party transaction limit with Pidilite Industries requires careful scrutiny. Dividend declaration signals financial performance for FY 2025-26.