India Glycols Limited — Others, 20-06-2025: Shareholders meeting

India Glycols has announced a postal ballot with remote e-voting for shareholders to approve key corporate actions. These include splitting each equity share from ₹10 to 2 shares of ₹5 each, with no change in total share capital, and consequential amendments to the Memorandum and Articles of Association to align with the Companies Act, 2013. The company also seeks shareholder approval to adopt updated Memorandum and Articles reflecting expanded business activities such as agriculture, refractory goods, power generation, and consultancy services. Additionally, re-appointments of Ms. Pragya Bhartia Barwale as Executive Director and Shri U.S. Bhartia as Chairman and Managing Director have been proposed for five-year terms with specified remuneration and commission structures, subject to shareholder approval. Both executives have extensive experience and are key to driving the company’s strategic growth. Voting details and electronic procedures have been laid out for shareholder convenience.