Himadri Speciality Chemical Limited has informed the Exchange regarding re-appointment of Mr Girish Paman Vanvari as Non- Executive Independent Director of the company w.e.f. Jun 22, 2026.
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Himadri Speciality Chemical reported strong FY2026 standalone net profit of Rs 749.70 Crores, up 34% from Rs 558.06 Crores in FY2025, with EPS at Rs 15.05 vs Rs 11.31 previously. Revenue declined marginally to Rs 4,405 Crores from Rs 4,596 Crores. The Board approved a final dividend of Rs 0.80 per share (80% of face value). Two Independent Directors - Mr. Girish Paman Vanvari and Mr. Gopal Ajay Malpani - were re-appointed for second terms of 5 years each. The company also received approval to set up a wholly owned step-down subsidiary in Guangzhou, China. Key operational milestones include commencement of a new 70,000 MTPA Speciality Carbon Black line and the company's first anode material production facility of 200 MTPA at its West Bengal plant.
The strong profit growth despite lower revenue indicates improved operational efficiency. Dividend declaration and new capacity additions signal management confidence. The China expansion and anode material entry into new business segments could drive future growth, though shareholders should note the revenue decline year-on-year.