Vinyl Chemicals Schedules AGM on July 30, Sets Record Date for FY25 Dividend
K N Mishra
24/Jun/2025

What’s Covered Under the Article:
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Vinyl Chemicals to hold its 39th AGM on July 30, 2025, at 3:30 p.m. through video conferencing to comply with regulatory norms.
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Record Date fixed as July 15, 2025, for determining eligible shareholders entitled to receive FY25 equity dividend.
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Dividend payment, subject to AGM approval, will be credited on or after August 4, 2025, post deduction of applicable taxes.
Vinyl Chemicals (India) Limited, a prominent name in the Indian chemicals manufacturing sector, has announced critical dates pertaining to its 39th Annual General Meeting (AGM) and equity dividend payout for the Financial Year 2024–2025. In a formal communication dated June 24, 2025, the Company has disclosed that the upcoming AGM will be conducted virtually via video conferencing on Wednesday, July 30, 2025, at 3:30 p.m. IST. Additionally, the Record Date for dividend entitlement has been set as Tuesday, July 15, 2025.
This regulatory intimation is made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and aligns with standard corporate governance practices followed by listed companies in India.
AGM Details and Mode of Conduct
In accordance with the Ministry of Corporate Affairs (MCA) guidelines and due to the evolving corporate preference for digital engagement, Vinyl Chemicals will be hosting its 39th AGM in virtual format through video conferencing (VC). This ensures shareholder participation from any geographical location, thereby encouraging wider attendance and efficient corporate communication.
The decision to conduct the AGM virtually is also in line with circulars issued by SEBI and the MCA, allowing companies to hold AGMs through VC/OAVM (Other Audio Visual Means) until further notice.
The key agenda items of the AGM will include:
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Adoption of the audited financial statements for FY2024–2025
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Declaration of final dividend on equity shares
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Appointment or reappointment of directors, if applicable
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Approval of statutory auditors' remuneration
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Other ordinary and special business, as specified in the AGM notice
The notice of the AGM, along with the annual report, will be sent electronically to eligible shareholders in compliance with regulatory requirements.
Record Date and Dividend Entitlement
As part of its dividend declaration process, Vinyl Chemicals (India) Limited has fixed July 15, 2025, as the Record Date to determine eligibility for dividend. Only those shareholders whose names appear in the Company’s Register of Members or in the records of the depositories as beneficial owners on this date shall be entitled to receive the dividend payout for the fiscal year that ended on March 31, 2025.
Subject to shareholder approval at the 39th AGM, the company will proceed with the distribution of dividend on or after Monday, August 4, 2025, after deducting tax at source (TDS) as per the provisions of the Income Tax Act, 1961.
Dividend Payment Timeline and Mechanism
Following the approval by shareholders at the AGM, the dividend will be credited to the accounts of shareholders via:
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Electronic clearing services (ECS)/NEFT for shareholders holding shares in dematerialized form with valid bank mandates.
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Cheque or demand draft for shareholders with physical holdings or those without ECS mandates on record.
The company has advised all shareholders to ensure their bank account details and KYC are updated with their respective Depository Participants (DPs) or the Registrar and Transfer Agent to avoid any delay or failure in credit of the dividend amount.
Registrar and Depository Coordination
In compliance with regulatory procedures, Vinyl Chemicals has also informed the following key institutions regarding the dividend and AGM proceedings:
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National Securities Depository Limited (NSDL)
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Central Depository Services (India) Limited (CDSL)
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MUFG Intime India Pvt. Ltd., the Registrar and Share Transfer Agent (RTA)
These agencies will facilitate seamless coordination and compliance, ensuring the rights of shareholders are fully protected.
Tax Deduction and TDS Compliance
In accordance with Section 194 of the Income Tax Act, 1961, dividend payments are subject to tax deduction at source (TDS). Shareholders are advised to submit the required documentation (Form 15G/15H for exemption, or other valid declarations for lower deduction, as applicable) well in advance to the RTA. Failure to comply may result in default TDS deduction at prevailing rates.
Importance of Timely Communication
The company’s proactive disclosure to both BSE Limited (Scrip Code: 524129) and National Stock Exchange of India Limited (Stock Symbol: VINYLINDIA) showcases its adherence to transparent disclosure practices, ensuring that all investors are informed and aligned with corporate actions.
The Company Secretary, Ms. Aarti Falorh, has signed off on this regulatory communication, reinforcing the company’s commitment to compliance, good governance, and timely investor communication.
Shareholder Action Points
To ensure smooth dividend receipt and participation in the AGM, shareholders are advised to:
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Update their email IDs and bank mandates with the Depositories or RTA
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Download the AGM notice and annual report from the company’s official website or from email communications
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Attend the AGM on July 30, 2025, via VC to stay informed about key decisions
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Submit tax-related documents for TDS exemption well before the payment date
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Reach out to the company’s RTA or investor helpline for any clarification or update on holdings
Conclusion
Vinyl Chemicals (India) Limited’s decision to hold its 39th Annual General Meeting on July 30, 2025, and to declare a Record Date of July 15, 2025, for the FY25 equity dividend, highlights its commitment to corporate transparency and investor engagement. With the dividend scheduled for credit on or after August 4, 2025, the company ensures that shareholders are provided timely returns, subject to due approvals.
This announcement aligns with regulatory mandates and best practices and provides a comprehensive roadmap for all stakeholders to remain informed and participate in key corporate decisions.
For further updates, shareholders may refer to the company’s investor relations section on www.vinylchemicals.com or contact the Registrar for procedural support.
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