Chrome Silicon Ltd

Key governance decisions

• Re-appointed Paladugu Venkateswara Rao as Whole-time Director for 5 years from 28 Oct 2026, subject to shareholder approval.
• Term ends 27 Oct 2031.
• Shareholder approval required at ensuing AGM.
• 44th AGM scheduled for 30 Sept 2026 via VC/OAVM.
• Register of Members to be closed 23–30 Sept 2026 for AGM.
• Notice of 44th AGM approved.

Regulatory/compliance disclosures

• Not debarred from holding director office per SEBI order.

Meeting Details

• Date: 22 August 2026; Time: not disclosed; Location: Registered Office, Hyderabad.

Key Agenda Items

• Reappointment of Shri P.V. Rao, Whole-Time Director.
• Review of affairs of the Company.

Other Notes

• No additional material notes disclosed.

Financials

• Total income from operations: 561.12 Lacs in Q1 FY27.
• Net loss after tax: 220.31 Lacs in the quarter.
• EPS: (1.34) Rs per share.

Operations status

• Manufacturing operations suspended since 30 May 2025; resume when market stabilizes.

Audit qualifications

• Ind AS 19 non-compliance; gratuity and leave encashment liabilities understated.
• Loans/advances of 26.6 Cr; recoverability uncertain.
• No physical inventory verification; inventories not properly valued.
• Trade payables and other liabilities lack confirmations; advance payments not verified.
• PPE not physically verified; disclosures may be incomplete.

Balance sheet snapshot

• Total assets: 22,967.56 Lacs.
• Total liabilities: 21,669.26 Lacs.
• Net worth: 1,298.30 Lacs.

Meeting Details

• Board meeting scheduled for 14 August 2026 at Registered Office, Hyderabad; time not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closure periods not disclosed.

Status of dematerialisation/rematerialisation

• Securities received for dematerialisation were mutilated and cancelled after verification.
• NSDL and CDSL were updated as registered owner within 15 days of receipt of DRF and share certificates.
• Details of securities were furnished to the stock exchanges.

Chrome Silicon Limited trading window closed from July 1, 2026 until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026

Director Resignation ️

• Mr. Hirak Kumar Basu resigned as Independent Director effective March 13, 2026.
• Resignation due to personal reasons and other professional commitments.
• No other material reasons for resignation were disclosed.

Board and Committee Changes

• Ceased as Chairman and member of Nomination and Remuneration, Audit, and Risk Management Committees.
• Resignation took immediate effect without regulatory or shareholder approval.
• Board and committee composition changed by his automatic cessation from three key committees.

Other Directorships

• Mr. Basu holds no directorships or committee memberships in other listed entities.