Polychem 69th AGM 2026: FY26 approval, ₹20 dividend

Polychem concludes 69th AGM on August 25, 2026

Polychem Limited concluded its 69th Annual General Meeting (AGM) on August 25, 2026, with shareholders voting on the company’s FY26 financial statements and a final dividend proposal. The meeting was conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in line with applicable regulatory guidelines for electronic shareholder meetings. The key business of the day was to place the audited standalone and consolidated accounts for the year ended March 31, 2026 before members and seek approval.

The AGM matters because it formalises shareholder consent for the company’s annual financial disclosures and returns to shareholders. For listed companies, the AGM also serves as the statutory forum to approve dividends and complete director reappointments that fall due by rotation.

How the meeting was chaired

As per the proceedings shared by the company, Tanil R Kilachand, Chairman, welcomed attendees at the AGM. After the opening remarks, the chair was handed over to Parthiv T Kilachand, Managing Director, who conducted the meeting.

The company held the session through VC/OAVM, and it also communicated that the deemed venue for the AGM was the registered office at Churchgate, Mumbai. Shareholders were allowed to participate electronically, with access enabled ahead of the scheduled start time.

Three ordinary resolutions approved

Shareholders approved three ordinary resolutions at the AGM. The approved items covered adoption of the FY26 financial statements and the declaration of the final dividend.

The company’s disclosed agenda outcomes show that both the standalone and consolidated audited financial statements for FY26 were adopted. The third approved resolution was the declaration of the final dividend.

Final dividend declared at ₹20 per share

Polychem declared a final dividend of ₹20 per equity share. The company stated this represents 200% of the face value of ₹10 per share for the financial year ended March 31, 2026.

In earlier disclosures leading up to the AGM, Polychem also indicated that if shareholders approved the proposal, the total dividend outgo would be ₹0.80809 crore, and that the dividend would be paid on or after August 25, 2026. The company had fixed July 17, 2026 as the record date for the dividend.

FY26 profit figures referenced in AGM context

In the AGM-related communication, Polychem referenced FY26 profit numbers that shareholders were asked to adopt through the audited accounts. The company reported standalone net profit of ₹1,014.09 lakhs and consolidated profit of ₹2,984.27 lakhs for FY26, with the performance described as being largely aided by non-operational gains.

These figures were part of the broader context for the AGM agenda, since adoption of audited accounts is a standard item placed before members every year. The company’s AGM agenda, as communicated, was focused on formal approvals rather than operational announcements.

Director reappointment approved

Members also approved the reappointment of Nandish T Kilachand as a director. The AGM agenda communicated earlier had also included the re-appointment of a director retiring by rotation.

Director reappointments at AGMs typically follow the statutory cycle under the Companies Act and are decided by shareholder vote. In Polychem’s case, the company confirmed that the reappointment proposal was approved by members.

Remote e-voting process and participation details

Polychem facilitated remote e-voting through National Securities Depository Limited (NSDL). The remote e-voting window was open from August 21 to August 24, 2026, based on the company’s AGM notice schedule.

The eligibility cut-off date for voting was August 18, 2026. Polychem also stated that the Register of Members and Share Transfer Books would remain closed from August 19 to August 25, 2026, inclusive. For shareholders who needed access credentials after the notice dispatch but before the cut-off date, the company directed them to obtain User IDs and passwords by emailing evoting@nsdl.com.

Key dates and shareholder actions

The AGM timeline highlighted several dates that were relevant for voting and corporate actions.

Polychem also informed members that those wishing to ask questions during the AGM could register as speakers by emailing polychemitd@kilachand.com at least four days prior to the meeting, along with required identification details.

Summary of resolutions and outcomes

The company’s proceedings disclosed the approvals clearly as ordinary resolutions.

Market context and disclosures referenced

Polychem’s AGM schedule and dividend proposal were disclosed to the exchange in the run-up to the meeting, including details such as the mode of meeting (VC/OAVM), the e-voting window, and the cut-off date. The company also indicated that the AGM notice and FY26 annual report were available through its website and on NSDL’s platform for e-voting related documents, with availability also referenced on the BSE website.

Separately, the article text also referenced “Board comments on the fine levied by BSE” as a heading, but did not provide further details in the provided material. The stock’s last traded price was cited as ₹2,480.00 in the context provided.

What happens next

With the FY26 accounts adopted and the final dividend declared at the 69th AGM, the next action point for shareholders is dividend processing, which the company had said would be paid on or after August 25, 2026, subject to the approvals already obtained. The company has also completed the announced e-voting process conducted via NSDL between August 21 and August 24, 2026.

Going forward, investors typically track the company’s subsequent exchange filings for confirmation of dividend payment timelines and any further statutory disclosures connected to AGM outcomes.