Vinyl Chemicals (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 30, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report.
VINYLINDIA · price
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Vinyl Chemicals (India) Limited held its 39th AGM on July 30, 2025, via video conferencing, chaired by Shri M.B. Parekh. The meeting was attended by 60 shareholders through VC (29 from promoter group and 31 from public), out of a total of 42,265 shareholders as on the cut-off date of July 23, 2025. Four ordinary resolutions were put to vote and all were passed with overwhelming majority of 99.9971% in favour. These resolutions covered: (1) adoption of audited financial statements for FY ended March 31, 2025, (2) declaration of dividend on equity shares for FY 2024-25, (3) re-appointment of Shri A.B. Parekh as director (retiring by rotation), and (4) appointment of M/s. Parikh & Associates as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30. Total votes polled were approximately 92.85 lakh shares, representing about 50.63% of the outstanding shares of 1.83 crore. Only 273 votes were cast against any resolution, indicating near-unanimous shareholder approval.
This is a routine AGM compliance filing with no material surprises. The near-unanimous approval of all resolutions, including the dividend declaration, suggests strong shareholder support. The specific dividend amount per share is not mentioned in this filing and would be detailed in a separate corporate action announcement. No negative impact on shareholders is indicated.