Fairchem Organics AGM Approves Final Dividend of ₹7.50 Per Share

Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Fairchem Organics Limited announced that its 6th Annual General Meeting (AGM) was held on August 11, 2025, via video conferencing, with all resolutions passed successfully. Shareholders approved a final dividend of ₹7.50 (75%) per equity share for the financial year ended March 31, 2025.

The resolutions included the adoption of audited financial statements, the reappointment of directors, and the appointment of statutory and secretarial auditors. Each resolution received substantial support, with most securing approval from nearly 100% of the shareholders.

Details of Resolutions Passed:

1. Adoption of Audited Financial Statements:

The resolution to adopt the audited financial statements for the year ended March 31, 2025, along with the Directors' Report and Auditors' Report, was approved with 100% of the votes in favor.

2. Declaration of Final Dividend:

The declaration of a final dividend of ₹7.50 (75%) per equity share for the financial year ended March 31, 2025, was approved.

3. Reappointment of Director:

Shri Nahoosh Jariwala (DIN: 00012412), retiring by rotation, was reappointed as a Director with a significant majority.

4. Appointment of Statutory Auditors:

M/s B S R and Co., Chartered Accountants, were appointed as Statutory Auditors of the Company.

5. Re-appointment of Independent Director:

Shri Venkatraman Srinivasan (DIN: 00246012) was re-appointed as an Independent Director of the Company.

6. Re-appointment of Independent Director:

Shri Darius Pandole (DIN: 00727320) was re-appointed as an Independent Director of the Company.

7. Re-appointment of Independent Director:

Ms. Sonal Ambani (DIN: 02404841) was re-appointed as an Independent Director of the Company.

8. Appointment of Secretarial Auditor:

The resolution to appoint a Secretarial Auditor for a term of five consecutive years was approved.

9. Ratification of Cost Auditors' Remuneration:

The remuneration of Cost Auditors for the financial year ending March 31, 2026, was ratified by the shareholders.

The successful passage of all resolutions demonstrates strong shareholder confidence in the company's governance and strategic direction.

Rajen Jhaveri, Company Secretary, confirmed the results and the scrutiny process undertaken by Parikh Dave & Associates.