Kanoria Chemicals Initiates Postal Ballot for Key Resolutions

The latest update is out from Kanoria Chemicals & Industries Ltd ( (IN:KANORICHEM) ).

Kanoria Chemicals & Industries Ltd has announced a postal ballot to seek shareholder approval for two key resolutions. The first resolution involves the re-appointment of Shri Saumya Vardhan Kanoria as a Whole-Time Director for a three-year term. The second resolution seeks approval for a material related party transaction between its subsidiaries, APAG Elektronik AG in Switzerland and APAG Elektronik s.r.o. in the Czech Republic. This move is part of the company’s efforts to ensure compliance and transparency in its operations, potentially impacting its governance and operational strategies.

More about Kanoria Chemicals & Industries Ltd

Kanoria Chemicals & Industries Ltd operates in the chemical industry, focusing on producing and supplying a variety of chemical products. The company is known for its involvement in the manufacturing of chemicals and has a market presence that includes subsidiaries in Switzerland and the Czech Republic.

YTD Price Performance: -32.53%

Average Trading Volume: 6,569

Current Market Cap: 3.27B INR

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