Chemfab Alkalis Ltd

Chemfab Alkalis Ltd trading window closed from 01 October 2026 until the expiry of 48 hours after the announcement of the UnAudited Standalone and Consolidated Financial Results for the Quarter ended 30 September 2026

AGM details

• AGM held 9 September 2026 at 10:00 AM via VC/OAVM.

Resolutions

• Resolution 1: Adoption of financial statements — Passed.
• Resolution 2: Reappointment by rotation of director — Passed.
• Resolution 3: Dividend of Rs 1.25 per share — Passed; 11 votes against.
• Resolution 4: Appointment of statutory auditors for 5 years — Passed.
• Resolution 5: Ratification of cost auditor remuneration Rs 1,90,000 — Passed.
• Resolution 6: Payment of director non-executive commission — Passed; 2,421 votes against.

Auditor Appointment

• Shareholders approved MSKC & Associates LLP as statutory auditors for five-year term from the 17th AGM.
• Appointment begins at the conclusion of the 17th AGM and ends at the conclusion of the 22nd AGM.
• Existing statutory auditor Deloitte Haskins & Sells LLP's tenure expired.

AGM Details

• AGM held 09 Sep 2026 at 10:00 IST via VC/OAVM.
• Voting cut-off date: 02 Sep 2026.
• Electronic voting window: 05–08 Sep 2026; post-meeting voting allowed 30 minutes.
• Attendance: 35 shareholders via VC/OAVM.
• Scrutinizer appointed: S. A. Inbavadivu, Advocate.
• Notice and annual report taken as read.
• Meeting concluded at 10:57 AM IST.
• Consolidated results to be announced within two working days.

Key Resolutions

• Adoption of financial statements for year ended 31 Mar 2026 — Ordinary.
• Retirement by rotation and re-appointment of director — Ordinary.
• Final dividend of Rs 1.25 per equity share (12.50%) — Ordinary.
• Appointment of M/s KC & Associates LLP as Statutory Auditor — Ordinary.
• Ratification of Cost Auditor’s remuneration — Ordinary Resolution (Special Business).
• Payment of commission to non-executive directors — Special Resolution.

Voting Results

• Results for Item 1 to be announced within two working days.
• Results for Item 2 to be announced within two working days.
• Results for Item 3 to be announced within two working days.
• Results for Item 4 to be announced within two working days.
• Results for Item 5 to be announced within two working days.
• Results for Item 6 to be announced within two working days.
• Consolidated results to stock exchanges and on company website.

AGM details

• Date and time: 09 Sep 2026, 10:00 AM IST.
• Mode: VC/OAVM.
• E-voting window: 05 Sep 2026 to 08 Sep 2026; cut-off 02 Sep 2026.
• Meeting concluded at 10:57 AM IST.

Key resolutions

• Adoption of financial statements for the year ended 31 March 2026.
• Retirement by rotation and re-appointment of director.
• Final dividend of Rs 1.25 per equity share.
• Appointment of M S K C & Associates LLP as statutory auditors.
• Ratification of cost auditor’s remuneration.
• Payment of commission to non-executive directors (special).

Voting / results

• Consolidated e-voting results to be announced within two working days.

AGM Details

• AGM on 9 September 2026 at 10:00 AM IST; via VC/OAVM.
• Record date 2 September 2026; book closure 3–9 September 2026.

Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements.
• Ordinary: Reappointment of director retiring by rotation.
• Ordinary: Dividend declaration at ₹125 per equity share.
• Ordinary: Appointment of statutory auditors for five years.
• Special: Ratification of cost auditor's remuneration of ₹190,000.
• Special: Commission to non-executive directors up to 11% of net profits.
• Special: Commission divisible among directors as the Board decides.

Dividend Details

• Dividend proposed/approved: ₹125 per equity share; record date 2 Sept 2026; book closure 3–9 Sept 2026.

Director Changes

• Reappointment of Suresh Krishnamurthi Rao, retiring by rotation.

Auditor Appointments

• Statutory auditors M S K C & Associates LLP appointed for 5 years; board to approve remuneration.

Material Related Party Transactions

• No material related party transactions disclosed.

Other Material Approvals

• Remuneration approvals for cost auditor and director commissions.

Voting Results

• Outcomes not disclosed in the provided excerpt.

Financial snapshot

• Consolidated revenue ₹311.02 crore; standalone ₹288.56 crore for FY26.
• Standalone PAT ₹7.51 crore; consolidated PAT at a loss of ₹3.43 crore.
• EPS (standalone) ₹5.22; final dividend ₹1.25 per share.

Segment performance

• Chlor Alkali revenue ₹195.69 crore; OPVC pipes ₹93.47 crore in FY26.
• OPVC capacity expanded to 20,000 TPA; Line 7 planned for 23,000 TPA in FY27.
• Largest OPVC plant at Sri City; 15 states approved OPVC pipes.

Capex and capacity expansion

• New generation electrolyser commissioned Nov 2025; hybrid power project readied.
• Hybrid power to meet ~55% of energy; supply to begin FY27.
• OPVC Lines 5 and 6 raised capacity to 20,000 TPA; Line 7 to 23,000 FY27.

Sustainability and CSR

• CSR spend ₹105.51 lakh; focus education, water, healthcare, environment.
• WOW brine sludge bricks; Miyawaki forests; pond restoration; water stewardship.

Governance & risk

• Board 7 non-exec; 4 independent; Satish Narain Jajoo joined May 2025.
• Independent Directors met 10 Mar 2026; Audit Committee met 5 times FY26.
• ISO 14001/45001; SAP S/4HANA migration; strong internal controls.

Audit & governance flags

• Statutory auditors: Deloitte Haskins & Sells; Secretarial auditors engaged; no material fraud noted.
• Secretarial audit notes compliance; name-change of Karaikal subsidiary completed.

Outlook and risks

• Jal Jeevan Mission 2.0 funding resumed; FY27 demand recovery expected.
• Chlor-alkali margins tied to global price cycles; focus on cost discipline and green manufacturing.

Dividend & shareholder matters

• Final dividend proposed ₹1.25 per share; record date 02 Sep 2026.
• Dividend payable within 7 days after AGM; promoter holdings remain robust.

AR access and AGM update

• AR 2025-26 access link sent to shareholders with unregistered emails; AGM notice issued.
• Weblink to AR 2025-26 PDF provided on company website.
• 17th AGM on 9 September 2026 at 10:00 AM IST via VC/OAVM.
• AGM notice and AR sent by email to registered shareholders as on 07 Aug 2026.
• Requests missing KYC details; forms downloadable from Cameo and AR portal.
• Wisdom portal by RTA Cameo for investor queries.
• Letter signed by Company Secretary Bharatraj Panchal.

Dividend record date

• Record date fixed as Wednesday, 02 September 2026 for final dividend.
• Final dividend for FY 2025-26 will be declared at the AGM on 09 September 2026.