Reliance Chemotex Industries Ltd

Reliance Chemotex Industries Ltd trading window closed from 1 October 2026 till 48 hours after the declaration/announcement of the Un-audited Financial Results for the quarter and half year ending 30 September 2026

Director and KMP changes

• Re-appointment of Vijay Kumar Nagar as Non-Executive & Non-Independent Director; effective Sep 24, 2026.
• Profile: 37-year Finance & Accounting professional with tax, governance, ERP experience.
• Re-appointment of Ameya Shroff as Executive Director and Whole-time Director; term up to rotation.
• Profile: MIT graduate; led ERP, inventory management, and domestic marketing reforms since 2013.
• Re-appointment of Sanjiv Shroff as Managing Director for 3 years; Sep 1, 2026 to Aug 31, 2029.
• Profile: BSc Chemistry (Honours); MD since 1988; long-tenured Managing Director.
• Relationship: Ameya Shroff is son of Sanjiv Shroff; brother of Rahul Shroff.
• Not debarred: Nagar, Shroffs not debarred by SEBI or authorities.

AGM Details

• AGM held on 24 September 2026 at 11:30 AM IST via VC/OAVM.
• Cut-off date for voting eligibility: 18 September 2026; shareholders on record: 13,502.
• Mode: VC/OAVM.

Resolutions and outcomes

• Adoption of Audited Financial Statements for FY ended 31 March 2026 — passed.
• Declaration of final dividend of Rs 0.50 per equity share — passed.
• Re-appointment of Vijay Kumar Nagar as Director retiring by rotation — passed.
• Re-appointment of Ameya Shroff as Director retiring by rotation — passed.
• Ratification of remuneration payable to Cost Auditor for FY ending 31 March 2026 — passed.
• Re-appointment of Sanjiv Shroff as Managing Director for three years — passed.

Directors & MD changes

• Nagar re-appointed as Director retiring by rotation.
• Ameya Shroff re-appointed as Director retiring by rotation.
• Sanjiv Shroff re-appointed as Managing Director for three years.

Auditor & Remuneration

• Cost Auditor remuneration ratified for FY ending 31 March 2026.

Dividend Details

• Final dividend of Rs 0.50 per equity share approved.

AGM Details

• Held on 24 September 2026 via video conferencing; 11:30–11:52 IST.

Ordinary Business Resolutions

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Final dividend of Rs 0.50 per equity share declared.
• Re-appointment of Vijay Kumar Nagar as Director retiring by rotation.
• Re-appointment of Ameya Shroff as Director retiring by rotation.

Special Business Resolutions

• Remuneration of Cost Auditor ratified for FY ending 31 March 2027.
• Re-appointment of Sanjiv Shroff as Managing Director for three years.

Dividend

• Final dividend of Rs 0.50 per equity share declared.

Voting Status

• Voting results not disclosed in this document; will be intimated to stock exchanges.

Directors & Management Changes

• Two directors re-appointed (retiring by rotation).

Auditor Arrangements

• Cost Auditor remuneration ratified; no change to statutory auditors indicated.

Material Related Party Transactions

• No material RPTs disclosed in this chunk.

Other Material Approvals

• No ESOPs or charter amendments disclosed.

Financial performance

• Total income FY26: 36,583.52 Lacs.
• Revenue from operations: 36,200.58 Lacs.
• EBITDA: 4,453.77 Lacs; EBITDA margin 11.51%.
• Profit before tax: 484.05 Lacs; PAT: 526.15 Lacs.
• PAT after OCI: 584.26 Lacs; EPS 6.97 Rs.

Geography and revenue mix

• Domestic revenue: 23,357.36 Lacs; exports: 12,329.28 Lacs.
• Domestic revenue share: 65.46%; exports share: 34.54%.
• Exports accounted for 34.54% of revenue in FY26.

Operations and capacity

• Spindle capacity expanded to 68,256; 25% increase.
• Total production: 19,074 tonnes; capacity utilisation >90%.
• Water recycled: 10,000 KL; renewable energy capacity: 5 MW.
• Expanded facilities with pre-committed off-take.

Capital structure and liquidity

• Total borrowings: 26,687.40 Lacs; non-current 11,810.98; current 12,043.00.
• Unsecured loans: 5,334.55; cash & equivalents: 40.51 Lacs.
• Net debt: 25,402.87; gearing 0.64x.

Dividend and shareholder returns

• Final dividend: Rs 0.50 per equity share (5%).
• Record date: 18 Sep 2026; payout within 30 days after AGM.
• Unclaimed dividend transferred to IEPF: Rs 308,255 (820 shares).

Governance and controls

• Board consists of 7 directors; 3 exec, 3 independent, 1 non-exec.
• MD reappointed for 3 years from 01 Sep 2026 to 31 Aug 2029.
• Statutory auditors: PKMB & Co; Secretarial: Bhandari & Associates; Internal: Rajeev Amitabh & Co.

Outlook and risks

• Market shift toward value-added, technical yarns; domestic demand improving.
• ECLGS 5.0 supports working capital needs.
• Risks: inflation, tariffs, currency, raw material costs, global demand volatility.

Sustainability and ESG

• Zero-liquid discharge facility; 5 MW renewable energy capacity.
• Water conservation and energy efficiency initiatives ongoing.

AGM and disclosures

• 48th AGM on 24 Sep 2026; VC/OAVM; notice published online.
• Remote e-voting window: 21–23 Sep 2026; cut-off 18 Sep 2026.
• Dematerialisation advised; printed copies on request.

MD re-appointment

• Reason: Re-appointment as Managing Director for a 3-year term (Sept 1, 2026–Aug 31, 2029).
• Effective from September 1, 2026; shareholder approval required.
• Profile: joined in 1983; MD since 1988.
• Relatives: Rahul Shroff and Ameya Shroff are sons and Whole-time Directors.
• Not debarred from holding director office by SEBI.
• Shareholders' approval required for re-appointment.

Book closure and notice

• Register of Members and share transfer books closed Sep 18–24, 2026 (inclusive) for the AGM.
• Security type: Equity shares.

Record date and dividend

• Record date for AGM and dividend entitlement: Sep 18, 2026.
• Dividend for FY ended 31-Mar-2026 payable to holders on the record date.

E-voting

• E-voting window: 21–23 Sep 2026, 09:00–17:00 IST.