Alkyl Amines Chemicals Limited has informed the Exchange regarding 'Revision in remuneration of Mr. Rakesh Goyal - Whole-time Director - Operations'.
ALKYLAMINE · price
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Alkyl Amines Chemicals reported revenue from operations of Rs. 389.41 crore in Q2 FY26, down about 6% from Rs. 414.89 crore a year ago. Net profit for the quarter fell to Rs. 42.94 crore from Rs. 47.46 crore in Q2 FY25, with basic EPS of Rs. 8.40 versus Rs. 9.28. For the first half of FY26, revenue stood at Rs. 794.94 crore and profit after tax at Rs. 92.38 crore, both slightly lower than the same period last year. The board also approved a revision in the remuneration of Mr. Rakesh S. Goyal, Whole-time Director – Operations, effective January 1, 2026 until May 31, 2027, subject to shareholder approval via postal ballot. The statutory auditor N.M. Raiji & Co. issued an unmodified limited review report on the results.
Weak Q2 numbers with declining revenue and profits may pressure the stock in the short term, though the results are unaudited and the director's continuation signals operational stability. The remuneration revision is routine and requires shareholder approval, so it is unlikely to materially affect shareholders.