Mysore Petro Chemicals Ltd

BSE clarification

• Compliant with SEBI Regulation 30; all material information disclosed.
• No undisclosed information or material events known.
• Recent price movement described as market-driven.

AGM Details

• Date of AGM: 11-08-2026; meeting held through VC/OAVM.
• Shareholders on record date: 6035.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of audited financial statements; passed.
• Resolution 2 (Ordinary): Dividend for year ended 31 March 2026; approved.
• Resolution 3 (Ordinary): Re-appointment of Shri Nikunj Dhanuka; approved.

Director Changes

• Director retiring by rotation re-appointment: Shri Nikunj Dhanuka; approved.

AGM Details

• 11 Aug 2026, 3:00 PM, via VC/OAVM.
• Record date: 4 Aug 2026.
• Shareholders on cut-off: 6,035.
• Attendees via VC/OAVM: 36 (9 promoter, 27 public).
• Meeting duration: 3:00 PM to 3:25 PM.
• Scrutinizer: Shri Martinho Ferrao.
• Remote e-voting window: 8–10 Aug 2026.

Key resolutions

• Adopt audited financial statements for year ended 31 Mar 2026 with reports.
• Declare dividend for the financial year ended 31 Mar 2026.
• Re-appoint Nikunj Dhanuka (DIN 00193499) retiring by rotation.

Voting results

• All resolutions passed with requisite majority.

Dividend details

• Dividend declared for FY2026; amount not disclosed.

Director changes

• Director Nikunj Dhanuka to be re-appointed, retiring by rotation.

Financial results

• Board approved standalone and consolidated unaudited results for quarter ended 30 June 2026.
• Standalone revenue from operations: 1,143.77 lakhs; total income: 1,580.98 lakhs.
• Consolidated total income: 1,580.98 lakhs; revenue from operations: 1,143.77 lakhs.
• Standalone net profit: 296.44 lakhs; consolidated net profit: 956.07 lakhs.
• Standalone total comprehensive income: 294.76 lakhs; consolidated total comprehensive income: 947.59 lakhs.
• Consolidated tax expense: 316.48 lakhs; standalone tax expense: 96.92 lakhs.
• Share of profit from associate: Rs 879.19 lakhs; associate contributed to consolidated results.
• Raichur Phthalic Anhydride Plant closed since 2013.
• Contingent liability related to the plant: Rs 1,555.63 lakhs; no provision.
• High Court stay on Industrial Tribunal order; matter pending.
• Auditors' review: unmodified reports for standalone and consolidated results.
• Board meeting held Aug 10, 2026; 11:50–12:30.

Business profile

• Company primarily trades organic and inorganic chemicals; IND AS 108 not applicable.

Meeting Details

• Board meeting on 10 August 2026 to consider unaudited standalone and consolidated results for quarter ended June 2026.

Key Agenda Items

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

Other Notes

• Trading window closed from 1 July 2026 to 12 August 2026, re-opening on 13 August 2026.

Standalone results

• Total revenue: 6,460.28 lakhs.
• Net profit after tax: 439.59 lakhs.
• Earnings per share: 6.68.
• Revenue growth YoY: from 4,642.59 to 6,460.28 lakhs.
• Net profit swing from prior year loss of 766.47 to 439.59.
• Dividend recommended: 20% (Rs 2 per equity share).
• Dividend outgo: 131.67 lakhs for the year.
• Dematerialisation: 98.52% of shares in demat.
• Promoter holding: 72.99% as at 31 March 2026.
• Unclaimed dividend from 2018-19 to be transferred to IEPF.

Dividend & AGM

• 56th AGM scheduled for 11 August 2026 via VC/OAVM.
• Final dividend: 20% (Rs 2 per equity share).
• Dividend payout date: on/after 18 August 2026.
• Unclaimed dividend/shares to be transferred to IEPF; claim via IEPF-5.

Governance changes

• Nikunj Dhanuka to be re-appointed (retirement by rotation).
• Umang Dhanuka appointed Non-Executive Director from 25 May 2025.
• Saurabh Pandit appointed Company Secretary from 12 Feb 2026.
• Labdhi Shah ceased as Company Secretary on 5 Jan 2026.
• Uma Acharya ceased Independent Director on 24 May 2025.
• Shanti Kumar Loonker appointed Audit Committee Chair from 21 May 2025.
• Four Board meetings held during the year.
• Remuneration to Whole-time Director: 79.44 lakhs.

Subsidiaries & associate

• Q C Polymer Limited (erstwhile subsidiary) in administration since 29 Oct 2024.
• Liquidation ongoing; investigations into asset recoveries continuing.
• IG Petrochemicals Limited is an associate; holding 13.23%.

Auditors & compliance

• Statutory auditors: RMJ & Associates LLP; no qualifications.
• Secretarial auditors: Martinho Ferrao & Associates; no observations.
• Corporate governance disclosures complied; certificates included in Annual Report.

Capital structure & shareholding

• Authorised capital: Rs 1.5 crore; equity issued 65,83,488 shares.
• Paid-up share capital: Rs 658.76 lakhs.
• Promoter group holding: 72.99% as at 31 Mar 2026.
• Dematerialised shares: 98.52% of total.
• Listed on BSE; scrip code 506734.
• Unclaimed dividend from 2018-19 moved to IEPF.

Related party transactions

• IG Petrochemicals Limited is a related party; trading up to Rs 50 crore annually.
• Purchases from IG Petrochemicals: 4,988.68 lakhs in 2025-26; 2,536.39 in 2024-25.
• Remuneration to directors from related parties: 126.77 lakhs.
• Director sitting fees: 15.40 lakhs.
• Outstanding balances with related parties: trade payables 2,509.91; investments 826.92.

AGM notice and AR access

• Company dispatched letters to shareholders with unregistered emails, providing AGM notice and FY2025-26 Annual Report web-link.
• 56th AGM scheduled for 11 August 2026 at 3:00 PM IST, via Video Conference/AV Means.
• Notice and Annual Report for FY 2025-26 accessible via web-link on the company website.
• Unregistered-email holders can access the Notice and AR through the provided web-link.
• KYC updates can be made through the respective DP or by contacting the RTA Bigshare.
• This dispatch is in compliance with Regulation 36(1)(b) of SEBI Listing Regulations.