Pursuant to Regulations 30 of the SEBI LODR Regulations 2015, enclosed herewith the summary of the Proceeding of 40 the Annual General Meeting of the company held today i.e. 13th September, 2025.
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Haryana Leather Chemicals Ltd held its 40th AGM on September 13, 2025 via video conferencing, attended by 44 shareholders, 5 of 8 directors, the CFO, and the Company Secretary. Six resolutions were tabled, including adoption of FY25 financial statements, declaration of dividend, re-appointment of Managing Director Pankaj Jain and Whole-time Director Sippy Jain, continuation of Non-Executive Director Vijay Kumar Garg as a special resolution, and appointment of the Secretarial Auditor for five years (FY26–FY30). The Chairperson highlighted FY25 as one of the company's best years, with total sales revenue rising from Rs 44.42 crore to Rs 49.02 crore, though exports dipped from Rs 9.71 crore to Rs 8.02 crore due to trade barriers with China and Bangladesh. The Leather Chemicals business maintained market leadership in fat liquors (NOUVOL, NANOLUX series), while the newer PVC Additives vertical (AKRELON series, launched in 2024) gained strong acceptance among Indian PVC processors.
The dividend declaration and strong revenue growth signal positive returns for shareholders, while the export dip and ongoing investment in PVC Additives and wastewater treatment suggest a focus on long-term diversification rather than near-term margin expansion.