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Axel Polymers Ltd. — AGM Information 2025
Sep 30, 2025
60547_rns_2025-09-30_72e6745a-63a5-4ea3-8afc-314d803b912b.pdf
AGM Information
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Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : [email protected]
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30[th] September, 2025
To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai 400 001
BSE Scrip Code: - 513642
Sub: Proceeding of the 33[rd] Annual General Meeting of the Company
In accordance with the provisions of Regulation 30 read with Schedule III- Part A to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith proceeding of the 33[rd] Annual General Meeting of the Company held on Tuesday, 30[th] September, 2025 through video conferencing (VC)/ other audio- visual means (OAVM). Further, we wish to inform you that the results of remote e-voting and e-voting cast at the AGM will be announced and will be disseminated to the BSE Limited on its website i.e. www.bseindia.com within the stipulated time of two working days from the conclusion of the meeting.
The results will be placed on the website of the Company i.e. www.axelpolymers.com once they are declared. The results would also be placed on the website of NSDL.
We request you to kindly take the same on your record.
Kindly take the same on record.
Thanking you,
Yours faithfully, For Axel Polymers Limited
ASHISH CHAUDHARY Digitally signed by ASHISH CHAUDHARY DN: c=IN, postalCode=390022, st=GUJARAT, street=1167 ,VAIKUNTH-2 ,VADODARA,NEW VIP ROAD ,390022, l=VADODARA, o=Personal, serialNumber=633a7a1a0441346e091b34a382af508482e84b218a55e3c5560fb34f3a571243, pseudonym=c096439748f64df89a10a9f30f257877, 2.5.4.20=564c08d7a1b17ccf5c68c4c43806977c9644651208f7880f896ac32aedf0abfe, [email protected], cn=ASHISH CHAUDHARY Date: 2025.09.30 21:51:54 +05'30'
Ashish Chaudhary Company Secretary and Compliance Officer Membership no. – A72705
Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546
Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : [email protected]
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PROCEEDINGS OF 33[RD] ANNUAL GENERAL MEETING OF AXEL POLYMERS LIMITED HELD ON TUESDAY, SEPTEMBER 30, 2025 AT 10:30 AM
Board Members Present:
| Board Members Present: | ||
|---|---|---|
| Name | Designation | Chairperson/Member |
| Mr. Gaurav Surendrakumar Thanky |
Chairman & Managing Director |
Member of Nomination & Remuneration Committee, Stakeholders’ Relationship Committee and Audit Committee |
| Mr. Aarasp Bejan Bodhanwala | Non-Executive Director | - |
| Mrs. Dhara Gaurav Thanky | Non-Executive Woman Director |
- |
| Mr. Chirag Bhupendrabhai Shah |
Additional Director as well as Non-Executive Independent Director |
Chairman of Stakeholders’ Relationship Committee and Audit Committee and Member of Nomination & Remuneration |
| Mr. Ashokkumar Natwarlal Shah |
Additional Director as well as Non-Executive Independent Director |
Chairman of Nomination & Remuneration Committee and Member of Stakeholders’ Relationship Committee and Audit Committee |
In attendance:
| In attendance: | |
|---|---|
| Name | Designation |
| Ms. Ashish Chaudhary | CompanySecretary& Compliance Officer |
Invitees:
| Invitees: | |
|---|---|
| Firm Name | Representative |
| M/s. Devesh Pathak and Associates Secretarial Auditor & Scrutinizer |
CS Devesh Pathak |
| M/s. Mukund & Rohit StatutoryAuditors |
CA Vinay Sehgal |
Management Representatives:
| Management Representatives: | |
|---|---|
| Name | Designation |
| Mr. Tejas Batukrai Bhatt | Chief Financial Officer |
Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546
Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : [email protected]
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The 33[rd] Annual General Meeting (“AGM”) of members of the Company was held today on September 30, 2025 at 10:30 am through Video Conferencing (VC)/Other Audio-visual Means (OAVM) in accordance with the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India.
The Company Secretary welcomed the Shareholders to the 33[rd] Annual General Meeting of the Company and introduced the Directors and other invitees present in the meeting to the Shareholders.
All the Directors were present at the 33[rd] AGM of the Company. The Company Secretary informed the Chairman that the requisite quorum was established. Quorum being present, the meeting was called in order by the Chairman.
The Chairman informed that the statutory registers under the Companies Act, 2013 were available electronically for inspection. The notice of 33[rd] AGM was taken as read with the permission of members present.
Further the Company Secretary informed that, there were no qualifications/observations or comments or other remarks on the financial transactions or matters which may have an adverse effect on the functioning of the Company either from the Statutory Auditors or from Secretarial Auditors in their respective Reports. Accordingly, the Company has no information in this regard.
Thereafter, the Chairman delivered his speech. In his speech, he gave brief about the industry scenario and performance of the Company and mentioned the efforts put in by the Company to sustain the business growth during the year. He also informed and updated key indicators on the Global Economic Constraints & the Way Forward for the Industry.
Thereafter, the Chairman and Company Secretary explained the objectives and implications of the Business items as per Notice of the AGM in chronological order, as follows:
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Sr. Particulars Type of
No. Resolution
Ordinary Business
1 To receive, consider and adopt the Audited Financial Statements for the Ordinary
year ended on 31 [st] March, 2025 together with the Reports of the Auditors’ Resolution
and Board’s thereon
2 To appoint a Director in place of Mrs. Dhara Gaurav Thanky (DIN – Ordinary
02565310), who retires by rotation and being eligible offers herself for Resolution
reappointment
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Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546
Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : [email protected]
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| Web :www.axelpolymers.com• Email :[email protected] | Web :www.axelpolymers.com• Email :[email protected] | Web :www.axelpolymers.com• Email :[email protected] | Web :www.axelpolymers.com• Email :[email protected] | |
|---|---|---|---|---|
| Special Business 3 To appoint Mr. Chirag Bhupendrabhai Shah (DIN: 02284955), as a Non- executive Independent Director of the Company with effect from 29thMay, 2025 Special Resolution 4 To appoint Mr. Ashokkumar Natwarlal Shah (DIN: 06977676), as a Non- executive Independent Director of the Company with effect from 18th August, 2025 Special Resolution 5 To approve appointment of secretarial Auditor of the Company and fix the remuneration Ordinary Resolution |
||||
| Special Business | ||||
| 3 | To appoint Mr. Chirag Bhupendrabhai Shah (DIN: 02284955), as a Non- executive Independent Director of the Company with effect from 29thMay, 2025 |
Special Resolution |
||
| 4 | To appoint Mr. Ashokkumar Natwarlal Shah (DIN: 06977676), as a Non- executive Independent Director of the Company with effect from 18th August, 2025 |
Special Resolution |
||
| 5 | To approve appointment of secretarial Auditor of the Company and fix the remuneration |
Ordinary Resolution |
The Company Secretary then informed to the members that the Company had provided members the facility to cast their vote electronically on all resolutions set forth in the Notice convening the Annual General Meeting of the Company. Members who were present at the AGM and had not cast their votes electronically through remote e-voting were provided an opportunity to cast their votes electronically at the meeting.
The Company Secretary briefly shared general guidelines in respect of voting during the AGM and Q & A Sessions.
The Company Secretary then informed that, the Company had appointed Mr. Devesh A. Pathak of M/s. Devesh Pathak & Associates, Practicing Company Secretaries, as the Scrutinizer for remote e-voting facility provided from Saturday, 27[th] September, 2025 (9:00 A.M. IST) to Monday, 29[th] September, 2025 (5:00 P.M. IST) as well as e-voting at the AGM in a fair and transparent manner.
The Chairman informed that the results of voting will be announced within 2 working days of the conclusion of this Meeting. The results of voting will be placed on the website of the Company and on the website of NSDL, once they are declared.
He thanked the members for participating in the meeting. The meeting concluded at 10:58 a.m. The e-voting facility was kept open for the next 15 minutes after conclusion of the meeting to enable the members to cast their votes.
Yours faithfully, For Axel Polymers Limited
ASHISH CHAUDHARY Digitally signed by ASHISH CHAUDHARY DN: c=IN, postalCode=390022, st=GUJARAT, street=1167 ,VAIKUNTH-2 ,VADODARA,NEW VIP ROAD ,390022, l=VADODARA, o=Personal, serialNumber=633a7a1a0441346e091b34a382af508482e84b218a55e3c5560fb34f3a571243, pseudonym=c096439748f64df89a10a9f30f257877, 2.5.4.20=564c08d7a1b17ccf5c68c4c43806977c9644651208f7880f896ac32aedf0abfe, [email protected], cn=ASHISH CHAUDHARY Date: 2025.09.30 21:52:15 +05'30'
Ashish Chaudhary Company Secretary and Compliance Officer Membership no. – A72705
Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546