IOL Chemicals & Pharmaceuticals Concludes 39th AGM, Approves FY26 Financials and Director Re-appointment
核心洞察
IOL Chemicals and Pharmaceuticals (搜索) held its 39th Annual General Meeting on September 2, 2026, conducted entirely via Video Conferencing and Other Audio Visual Means in compliance with SEBI regulations and the Companies Act, 2013.
Shareholders approved the standalone and consolidated audited financial statements for FY26, the re-appointment of Mr. Kushal Kumar Rana (搜索) as Director, and ratification of Cost Auditor remuneration for FY27.
The meeting was presided over by Chairman Mr. Rajender Mohan Malla, with 92 shareholders attending virtually out of 130,410 shareholders on record as of August 26, 2026.
IOL Chemicals and Pharmaceuticals (搜索) Limited concluded its 39th Annual General Meeting (AGM) on September 2, 2026, with shareholders approving the adoption of the standalone and consolidated audited financial statements for the financial year ended March 31, 2026, alongside other key governance resolutions. The proceedings were conducted entirely via Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with SEBI regulations and the Companies Act, 2013.
Mr. Rajender Mohan Malla, Chairman of the Board, presided over the meeting after confirming that the requisite quorum was present. Mr. Abhay Raj Singh, Senior Vice President and Company Secretary, welcomed participants including members, directors, statutory auditors, and the scrutinizer.
Resolutions Passed
Shareholders approved three ordinary resolutions during the meeting. The members received, considered, and adopted the standalone and consolidated audited financial statements for the financial year ended March 31, 2026, including the reports of the Board of Directors and the auditors.
The second resolution concerned the re-appointment of Mr. Kushal Kumar Rana (搜索) as Director. Mr. Rana retired by rotation and offered himself for re-appointment, which the shareholders approved. The company also ratified the remuneration of the Cost Auditor for the financial year ending March 31, 2027.
Governance and Audit Details
M/s. Ashwani & Associates served as Statutory Auditors, while M/s. B.K. Gupta & Associates acted as Secretarial Auditors. Both audit reports were free of qualifications, observations, or comments that could adversely affect the company's functioning.
Voting Participation
Mr. Vinay Kohli, Partner at M/s. K.K. Kapoor & Associates, was appointed as the Scrutinizer to oversee the e-voting process. Remote e-voting was available from August 30, 2026, to September 1, 2026. Members who did not vote remotely could cast their votes electronically during the AGM or within 15 minutes after its conclusion.
As on the record date of August 26, 2026, the company had 130,410 shareholders. A total of 92 shareholders attended the meeting through video conferencing, comprising five promoters and promoter group members and 87 public shareholders. No shareholders attended in person or through proxy.
Document Inspection
Statutory registers and relevant documents required for the AGM were made available for electronic inspection. Members interested in inspecting these documents were instructed to contact the company via email with their name, demat account details, email ID, and mobile number.