Tecil Chemicals & Hydro Power Ltd

AGM Details

• AGM held on 24 September 2026 at 2:30 PM, in-person at The Palms Hotel, Chingavanam, Kerala with remote e-voting.
• Record date for voting: 17 September 2026.
• Remote e-voting window: 21-23 September 2026.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Standalone Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Re-appointment of Varghese Kurian as Managing Director and Chairman.
• Resolution 3 (Ordinary): Re-appointment of Lizhyamma Kurian as Whole-time Director.
• Resolution 4 (Ordinary): Re-appointment of Jeeben Varghese Kurian as Executive Director and CEO.
• Resolution 5 (Ordinary): Re-appointment of Shaji K Mathew as Whole-time Director.
• No special business.

Voting Results

• Resolution 1 passed with 99.999% in favour, 0.001% against.
• Resolution 2 passed with 99.992% in favour, 0.008% against.
• Resolution 3 passed with 99.992% in favour, 0.008% against.
• Resolution 4 passed with 99.992% in favour, 0.008% against.
• Resolution 5 passed with 99.992% in favour, 0.008% against.

Dividend

• No dividend proposed or declared.

Director Changes

• Varghese Kurian re-appointed as Managing Director and Chairman.
• Lizhyamma Kurian re-appointed as Whole-time Director.
• Jeeben Varghese Kurian re-appointed as Executive Director and CEO.
• Shaji K Mathew re-appointed as Whole-time Director.

Auditor Appointments

• No auditor changes announced.

Material Related Party Transactions

• No material related party transactions approved.

Other Material Approvals

• No other material approvals reported.

Tecil Chemicals & Hydro Power Ltd – Trading window closure (routine)

AGM details

• Date and time: 24 September 2026, 02:30 PM.
• Mode/venue: Physical AGM at The Palms Hotel, Chingavanam, Kerala.
• Remote e-voting window: 21–23 September 2026 (9:00 AM to 5:00 PM).
• Voting rights cut-off: 17 September 2026.
• Scrutinizer appointed for remote e-voting and poll.

Resolutions proposed

• Adoption of Audited Standalone Financial Statements (Ordinary Resolution).
• Re-appointment of Varghese Kurian as Managing Director and Chairman (Ordinary Resolution).
• Re-appointment of Lizhyamma Kurian as Whole-time Director (Ordinary Resolution).
• Re-appointment of Jeeben Varghese Kurian as Executive Director and CEO (Ordinary Resolution).

Voting results

• Detailed voting results not disclosed in the filing.

Auditor status

• Statutory Auditor attended; no appointment changes disclosed.

Financial snapshot

• Revenue from operations: 0 lakhs.
• Total revenue: 0.01 lakhs.
• Profit before tax and depreciation: -38.80 lakhs.
• Depreciation: 3.67 lakhs.
• Profit after tax: -42.47 lakhs.

Business status & strategy

• No manufacturing operations in FY2025-26.
• Object clause amended to tourism/hospitality; project at Chingavanam.
• Control acquired by Varghese Kurian after open offer.
• Trading suspension revoked; trading resumed 29 Mar 2023.
• Hospitality project development to proceed after regulatory approvals.

Capital structure & liquidity

• Equity capital: Rs 1,896.37 lakh; unchanged.
• Long-term borrowings: Rs 1,292.60 lakh.
• MD-related party loan outstanding: Rs 12.93 crore.
• Promoter group holding: 47.71% as of 31-03-2026.
• Dividend not declared due to losses.

Governance & board

• Board size eight; four executive, four independent.
• Re-appointments proposed: Varghese Kurian, Lizhyamma Kurian, Jeeben Varghese Kurian, Shaji Mathew.
• Secretarial audit: no qualifications; SEBI LODR compliant.
• CEO/CFO certification provided for FY2025-26.
• Independent directors met; board evaluations completed.

Related party transactions

• Related parties include MD, CFO, and Company Secretary.
• Unsecured loan from MD to the company.
• Remuneration to related parties: CFO Rs 11.52 lakh.
• Outstanding MD loan balance payable: Rs 12.93 crore.
• All related party transactions in ordinary course; arm's length.

Shareholding & investor info

• Promoter group stake: 47.71%. Varghese Kurian individually 46.48%.
• Total equity shares: 1,89,63,700.
• Shareholders as of 31-03-2026: ~23,580.
• ISIN INE014B01011; dematerialization; trading on BSE/NSE.
• AGM notice for 24 Sep 2026; remote e-voting via CDS/CDSL.

Financial results

• Unaudited standalone Q1 FY2026-27 results approved for quarter ended 30 June 2026.
• Write-off of Rs 38.90 lakh from building value Rs 71.63 lakh; charged to P&L.

Governance: director reappointments

• Varghese Kurian reappointed as Managing Director and Chairman for 5 years, subject to AGM shareholder approval.
• Lizhyamma Kurian reappointed as Whole-time Director for 5 years, subject to AGM approval.
• Jeeben Varghese Kurian reappointed as Executive Director and CEO for 5 years, subject to AGM approval.
• Shaji Kalladayil Mathew reappointed as Whole-time Director for 5 years, subject to AGM approval.
• M.K Suresh reappointed as Internal Auditor for FY 2026-27.

AGM and meeting actions

• 81st AGM scheduled for 24 September 2026 at The Palms Hotel; e-book closure 18-24 Sept; cutoff 17 Sept; AGM notice approved.
• Scrutinizer Harikrishnan R appointed for e-voting and polling.

Auditor remarks

• Emphasis of Matter: ₹27.15 lakh land compensation; ₹25.13 lakh gain as Other Income; revaluation reserve reclassified.
• Auditors' review: no modification to unaudited results.