Chemcon Speciality Chemicals Limited — Others, 13-08-2025: Shareholders meeting

Chemcon Speciality Chemicals is convening its 36th Annual General Meeting for shareholder consideration on key business items. The agenda includes adopting FY25 financial statements, re-appointing a director, and ratifying INR 75,000 remuneration for cost auditors. The company also seeks approval for appointing a new independent director, Mr. Neel Shah, for five years. A significant proposal is the acquisition of Shivam Petrochem Industries, a promoter group firm, through a slump sale for up to ₹100 crore. This strategic acquisition aims for business expansion and operational synergies. Related party shareholders will not vote on this transaction.