AksharChem India Limited has informed the Exchange regarding Change in Director(s) of the company.
AKSHARCHEM · price
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Awaiting price reaction for this filing.
AksharChem India reported Q1 FY26 (quarter ended June 30, 2025) unaudited results with revenue from operations rising about 13% year-on-year to Rs. 9,696 lakhs from Rs. 8,591 lakhs. However, net profit fell to Rs. 71 lakhs from Rs. 115 lakhs a year earlier, and EPS dropped to Rs. 0.89 from Rs. 1.43, mainly due to higher raw material, power, fuel and other operating costs. The board approved the re-appointment of Mrs. Paru M. Jaykrishna as Chairperson & Managing Director for three years from April 1, 2026 to March 31, 2029, subject to shareholder approval. It also re-appointed Mr. Bipin L. Makwana as Secretarial Auditor for five years covering FY 2025-26 to FY 2029-30. Statutory auditors Talati & Talati LLP issued an unmodified limited review report.
Topline growth was healthy but margin pressure saw profits decline, which is mildly negative for the stock. Continuity at the top with promoter-family MD re-appointment provides leadership stability, though it does not change the company's strategic direction.