Chemcon Speciality Chemicals Limited has informed the Exchange about reappointment of Cost Auditor and Internal Auditor
CHEMCON · price
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Chemcon Speciality Chemicals Limited held its Board meeting on May 21, 2026 and approved the audited financial statements for FY ended March 31, 2026. The statutory audit conducted by M/s Shah Mehta & Bakshi returned an unmodified (clean) opinion. The Board declared a first interim dividend of Rs. 6.50 per share, representing 65% of the face value of Rs. 10 per share, with a record date of May 28, 2026 for eligible shareholders. Additionally, the Board re-appointed M/s Chetan Gandhi & Associates as Cost Auditor and M/s Kulin Shah & Associates as Internal Auditor, both for FY 2026-27.
The clean audit opinion signals financial health and transparency, which is positive for investor confidence. The interim dividend at 65% payout demonstrates the company's cash-generating ability and shareholder-friendly approach. Routine auditor reappointments indicate continuity in governance without any red flags.