Announced Sat, 23 Aug · 13:33 IST

Fineotex Chemical Limited has informed the Exchange regarding Annual Report for financial year 2024-25 and Notice of Annual General Meeting to be held on September 19, 2025

Board & Shareholder Meetings View source PDF

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AI summary

Fineotex Chemical Limited has submitted its Annual Report for FY 2024-25 to the exchanges, along with the Notice of its 22nd Annual General Meeting scheduled for Friday, September 19, 2025 at 5:00 PM (IST) via Video Conferencing. For FY25, the company posted revenue from operations of ₹53,333 lakh, profit after tax of ₹10,921 lakh, and EPS of ₹9.53 on a ₹2 face value. The AGM agenda includes confirmation of an interim dividend of ₹0.40 per share, declaration of a final dividend of ₹0.40 per share (total ₹0.80 for FY25), adoption of financial statements, and re-appointments of Mr. Surendrakumar Tibrewala as Chairman & MD, Mr. Sanjay Tibrewala as Executive Director & CFO, and two Independent Directors, each for fresh 5-year terms. The company also announced a new 15,000 MTPA plant at Ambernath expected to commence in Q2 FY26, taking total capacity to around 1,19,000 MTPA.

Likely market impact

Shareholders are looking at a total FY25 dividend of ₹0.80 per share (40% payout on ₹2 face value), with a record date of September 13, 2025. The filing is largely a routine regulatory disclosure, but the annual report reinforces the company's specialty chemicals growth story — steady revenue growth, healthy cash position of ₹35,200 lakh, and capacity expansion — which could draw positive attention from long-term investors.