Appointment of Mr. Umang Agarwal as an Additional Executive Director w.e.f. 14th November, 2025
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Associated Ceramics Limited has appointed Mr. Umang Agarwal (DIN: 09720108) as Additional Executive Director effective 14th November 2025, on the recommendation of the Nomination and Remuneration Committee. He will hold office until the next general meeting or three months, whichever is earlier, pending shareholder approval. The filing also includes un-audited financial results for H1 FY26 (half-year ended September 30, 2025), showing revenue from operations of ₹2,788.70 lakhs (up ~31% from ₹2,132.17 lakhs in H1 FY25) and profit after tax of ₹230.64 lakhs (up ~84% year-on-year). EPS rose to ₹11.28 from ₹6.15. The company operates in two segments — Refractory Items (the main revenue driver at ₹2,765.41 lakhs) and Solar Energy (still loss-making at ₹18.61 lakhs loss). No investor complaints were pending for the quarter.
The new director is related to existing promoter directors Mr. Arun Agarwal (Managing Director) and Mr. Sharad Agarwal, indicating a promoter family member joining the board, which shareholders should note for governance purposes. The strong H1 results and ~84% jump in profit are positive signals, though the solar energy segment continues to post losses.