Dynemic Products Ltd

CFO resignation

• Mr. Ankit Shah, CFO, resigns effective 30 September 2026 for personal reasons and ceases to be KMP.

AGM details

• Held on 28 September 2026 at 3:00 PM; mode: VC/OAVM.
• Total shareholders on record date: 12,387.

Resolutions and outcomes

• Adopt audited financial statements and reports; passed with requisite majority.
• Re-appoint Shri R.B. Patel by rotation; passed.
• Ratify remuneration to Cost Auditors for FY2026-27; passed.
• Approve related party transactions; passed.

Dividend

• Dividend declared: Rs 150 per equity share (15%).

Director changes

• Director re-appointment: Shri Rameshbhai B. Patel offered himself for re-appointment.

Auditor updates

• Cost Auditor remuneration ratified for FY2026-27.

Related party approvals

• Approval of related party transactions.

AGM details

• AGM held on 28 September 2026; voting conducted via electronic system.

Resolutions put to vote

• Resolutions listed in the notice were placed to vote through electronic system.

Voting results

• Scrutinizer's report dated 30 September 2026 confirms voting results.

AGM details

• Held on 28 September 2026 at 15:00 IST via VC/OAVM.
• Quorum via video conference; meeting concluded at 15:20 IST.

Key resolutions & results

• Adopt audited financial statements and reports for year ended 31 March 2026 — Passed.
• Declare dividend of Rs 1.50 per equity share (15%) — Passed.
• Re-appoint director liable to retirement by rotation — Passed.
• Ratify remuneration of Cost Auditors for FY 2026-27 — Passed.
• Approve related party transaction — Passed.

Director changes

• Re-appointment of Shri Rameshbhai B. Patel as director; liable to retire by rotation.

Auditors & voting oversight

• Remuneration of Cost Auditors for FY 2026-27 ratified.
• Scrutinizer appointed to oversee voting.

Material related party transactions

• Approval of related party transaction.

Dynemic Products Ltd: Trading window closed from Thursday, 1 October 2026 till 48 hours after the declaration of unaudited financial results for the Quarter ended 30 September 2026.

Financial performance

• Revenue from operations: ₹37,842.50 lakh (₹378.42 cr) for FY2025-26.
• EBITDA: ₹5,296.00 lakh, aided by efficiency gains.
• Profit before tax: ₹2,709.00 lakh.
• Profit after tax: ₹2,030.00 lakh; EPS ₹16.33.
• Dividend proposed: ₹1.50 per equity share; outflow ₹186.43 lakh.
• PAT up 35% year over year.
• Consolidated revenue: ₹37,864.18 lakh; consolidated PAT ₹1,994.55 lakh.
• Single segment: Dyes & Dyes Intermediates; exports to 74+ markets.

Capital structure & liquidity

• Total borrowings: ₹7,274.22 lakh; cash ₹49.84 lakh.
• Net debt to equity: 29.67%.
• Equity share capital: ₹1,242.84 lakh; 12,428,387 shares.
• Undrawn working capital facilities: ₹389.09 lakh.
• Operating cash flow: ₹3,444.75 lakh.

Operations & product mix

• Dyes & Intermediates revenue: ₹11,607.50 lakh.
• Synthetic Food Colours revenue: ₹24,580.52 lakh.
• Trading Goods revenue: ₹983.36 lakh.
• Export incentives: ₹410.51 lakh.

Dividends & capital allocation

• Final dividend proposed: ₹1.50 per share; record date 11 Sep 2026.
• AGM date: 28 Sep 2026; e-voting via CDSL/NSDL.

Governance & risk management

• Rashmi Otavani resigned as independent director on 12 Jun 2025; Avani Patel appointed 13 Aug 2025.
• Four board meetings in FY2025-26; independent directors met twice.
• Secretarial audit flagged: late unaudited results, QR code in ad missing, IEPF delays.
• Audit Committee: 4 meetings; NRC: 2 meetings; CSR: 2 meetings.

Subsidiaries & related parties

• Subsidiary Cerecon Bio Sciences Private Limited: 98.10% holding.
• Associate Dynemic Holdings Pvt Ltd: 49.22% holding.
• Related party remuneration: MD ₹182.44 lakh; other KMP ₹36.98 lakh.

CSR & ESG

• CSR spend ₹13.20 lakh; average net profit ₹12.98 lakh; shortfall ₹0.22 lakh.
• Dynemic Foundation funded CSR initiatives focused on education and environment in Gujarat.

Outlook & risks

• Growth in clean-label foods and nutraceuticals supports demand.
• India to remain a preferred specialty chemicals hub.
• Regulatory risk for food colors; raw material price volatility; supply chains.