Bodal Chemicals shareholders approve all 39th AGM resolutions

Shareholders of Bodal Chemicals Ltd. overwhelmingly approved all eight resolutions proposed at the 39th Annual General Meeting. Key ordinary resolutions, including the adoption of financial statements and the reappointment of Rajarshi Gosh as a director, passed with over 99.98% votes in favor. Similarly, resolutions for the ratification of cost auditors M/s. Kiran J. Mehta & Co. and the appointment of secretarial auditor M/s Shah & Shah Associates also received strong support, with over 99.99% of votes in favor.

Special resolutions saw varied but ultimately successful approval rates. The appointment of M/s. B N P S and Associates LLP as statutory auditor passed with 99.99% of votes in favor. The re-appointment of Mayank K. Mehta as an independent director secured 99.98% support. Resolutions for the re-appointment of Suresh J. Patel as chairman and managing director and Bhavin S. Patel as executive director were passed with 99.53% and 99.77% votes in favor, respectively. Overall polling for all resolutions consistently surpassed 41.77% of outstanding shares.