Lime Chemicals Asks Shareholders to Vote on Office Shift, Director Appointment

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AuthorRiya Kapoor|Published at:
Lime Chemicals Asks Shareholders to Vote on Office Shift, Director Appointment
Overview

Lime Chemicals Limited is seeking shareholder approval via postal ballot to shift its registered office within Maharashtra and appoint Mr. Rahim Narsingdani as a Non-Executive Independent Director for five years. Vote results are expected by April 23, 2026.

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Lime Chemicals Limited is asking shareholders to approve, via postal ballot, the relocation of its registered office within Maharashtra and the appointment of Mr. Rahim Narsingdani as a Non-Executive Independent Director for a five-year term. The company's Board of Directors gave its approval for these proposals on March 13, 2026.

The planned office shift would move the registered location from Neco Chambers, C.B.D. Belapur, to Golden Tobacco House in Vile Parle West. This adjustment aims to improve operational efficiency and stakeholder accessibility. Mr. Narsingdani's appointment, effective immediately, is set to enhance the board's oversight with his Information Technology expertise.

Shareholders have a window to cast their votes. The remote e-voting period runs from March 23, 2026, through April 21, 2026. Lime Chemicals expects to announce the postal ballot results on or before April 23, 2026.

Established in 1970, Lime Chemicals Limited manufactures precipitated and ground calcium carbonate. Its products serve diverse industries including pharmaceuticals, paints, plastics, rubber, and toothpaste. The company has historically maintained its registered office in the Navi Mumbai region.

The shareholder vote is vital for the company's administrative streamlining and governance structure, allowing for the implementation of planned operational and board enhancements upon successful approval.

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