AksharChem India Limited (AKSHARCHEM) — Voting Results

📢 Key Event
Appointment of Devalkumar Indrabal Suthar as Whole Time Director (Executive) approved via e-voting

🔄 What Changed
New Whole Time Director appointed with 3-year term and ₹126,620 monthly remuneration

🔮 What's Next
Term ends 20th May 2029; remuneration subject to board/NRC discretion

💡 Investor Takeaway
Shareholders must vote remotely by June 30 to approve the director’s appointment and remuneration structure.

AksharChem India Limited announced the appointment of Devalkumar Indrabal Suthar as a Whole Time Director (Executive) effective 21st May 2026, with a 3-year term ending 20th May 2029. The filing details his appointment via postal ballot, e-voting procedures (June 1–30, 2026), and regulatory compliance under SEBI and Companies Act provisions. Shareholders will vote remotely via NSDL, with results published post-scrutiny. The appointment includes a monthly remuneration of ₹126,620, comprising ₹70,310 basic salary, and regulatory approvals under Section 197. The resolution requires 75% approval to pass, with governance implications if unmet.

📄 View Original Announcement (PDF)

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