News Announcement

Alchemist: Result Of Postal Ballot As Per Regulation 44(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

Pursuant to the provisions of Section 110 of the Companies Act 2013 and read with Rule 22(9) of the Companies (Management and Administration) Rules 2014 as amended from time to time the Company had conducted the process of Postal Ballot for seeking approval of shareholders for the slump sale of Pharma Divison of the Company.Further pursuant to the Regulation 44(3) of the SEBI (LODR) Regulations 2015 we are submitting the results of Postal Ballot (including e- Voting). We are enclosing Scrutinizers Report dated 28th day of May 2020.Further as we are all aware the Novel Corona Virus (COVID 19) has hit populations around the world and has resulted in many restrictions including free movement of people thereby hampering businesses and day to day functioning of Companies.
Hence considering the situation (COVID-19) our Offices are resuming now and start functioning after lockdown and now announce the result of Postal Ballot.
Kindly take the same on your record.

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