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Lords Chloro Alkali EGM Backs Leadership Tenure and Higher Managerial Pay Limits

Story Highlights
  • Lords Chloro Alkali held its FY 2025-26 EGM, enabling shareholder voting via remote e-voting and ballots.
  • Shareholders considered re-appointing the managing director and raising overall managerial remuneration limits.
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Lords Chloro Alkali EGM Backs Leadership Tenure and Higher Managerial Pay Limits

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Lords Chloro Alkali Limited ( (IN:LORDSCHLO) ) just unveiled an announcement.

Lords Chloro Alkali Limited held its first extraordinary general meeting for FY 2025-26 on March 18, 2026, at its Alwar registered office, with 42 members attending in person. The meeting followed Ministry of Corporate Affairs and SEBI circulars, offered shareholders remote e-voting and on-site ballot options, and was chaired by Whole Time Director Deepak Mathur after his unanimous election by the board.

Shareholders considered special business items including the five-year re-appointment of Managing Director Ajay Virmani effective July 12, 2026, approval of his remuneration, approval of remuneration for Whole Time Director Madhav Dhir, and an increase in the overall limit of managerial remuneration for directors. Members’ queries were addressed during the session, and the company will subsequently submit detailed voting results for both remote e-voting and on-site voting to the BSE and NSE in the prescribed regulatory format.

More about Lords Chloro Alkali Limited

Lords Chloro Alkali Limited operates in the chemical sector, with its registered office located in the Matsya Industrial Area of Alwar, Rajasthan. The company is listed on both BSE and the National Stock Exchange of India, indicating a public market focus and compliance with Indian corporate governance and listing regulations.

Average Trading Volume: 1,903

Technical Sentiment Signal: Hold

Current Market Cap: 3B INR

For detailed information about LORDSCHLO stock, go to TipRanks’ Stock Analysis page.

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