Fineotex Chemical Limited has informed the Exchange regarding Change in Director(s) of the company.
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Awaiting price reaction for this filing.
Fineotex Chemical reported consolidated revenue of Rs. 13,707 lakhs for Q1 FY26, up 14.43% quarter-on-quarter, with profit after tax rising 24.34% to Rs. 2,503 lakhs and operational EBITDA growing 18.37% to Rs. 2,520 lakhs. Standalone revenue stood at Rs. 9,826 lakhs with PAT of Rs. 1,989 lakhs, while consolidated ROIC came in at around 30.72%. The company has started commercial production at its new Ambernath manufacturing facility, adding 3,00,000 sq. ft. of operational area. The board appointed Mr. Chetan Shah as an Additional Non-Executive Independent Director for five years and M/s. HSPN & Associates as Secretarial Auditor for a first term of five years. The 22nd AGM is scheduled for September 19, 2025, and an additional 58,797 stock options were granted to eligible employees under the ESOP 2020 plan.
Strong double-digit growth in revenue and profits, along with successful commissioning of new capacity, signals healthy operational momentum and is positive for shareholders. The appointment of an experienced Independent Director and a new Secretarial Auditor also strengthens governance.