Gem Aromatics Limited has informed the Exchange regarding Change in Director(s) of the company.

GEMAROMA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-4.0%1-day move

₹159.50

prior close

₹154.53

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.6+2.1+1.3+2.9-4.0-4.7-4.7-7.1-6.3-7.8+18.2+14.7+12.1—

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AI summary

Gem Aromatics Limited held a Board meeting on May 21, 2026, approving multiple items. The company appointed Mr. Dinesh Vasu Thekkepanakkal as an Additional (Whole Time) Director and Mr. Nandan Narula as an Additional (Independent) Director. Audited standalone profit for FY26 was Rs 267.09 million (down from Rs 568.54 million in FY25), while consolidated profit was Rs 14.25 million (down from Rs 533.84 million). The company completed its IPO in August 2025, raising Rs 1,628.63 million net, with all proceeds fully utilized. Executive directors waived their remuneration for FY25-26. The statutory auditor issued an unmodified opinion. M/s Y.R. Doshi & Associates was appointed as Cost Auditor for FY26-27.

Likely market impact

Two new director appointments strengthen the board, while significantly lower year-on-year profits reflect challenging business conditions. The full IPO proceeds utilization completes the fund deployment cycle.