Lords Chloro Alkali Limited has informed the Exchange about change in Management
LORDSCHLO · price
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Lords Chloro Alkali's board met on 21st July 2025 and approved several items, including Q1 FY26 results, re-appointments, and a higher borrowing limit. The company posted strong Q1 numbers with total income of Rs. 100.47 crore (up from Rs. 65.53 crore a year ago) and net profit of Rs. 10.45 crore (up from Rs. 1.95 crore), with EPS rising to Rs. 4.15 from Rs. 0.78. Independent Director Shri Sandeep Singh was re-appointed for a second 5-year term starting 1st September 2025. Cost Auditor Goyal, Goyal & Associates was re-appointed for FY26, and SSPK & Co. was appointed as new Secretarial Auditor for a 5-year term. The board also approved raising the borrowing limit to Rs. 500 crore, subject to shareholder approval, while deferring the ESOP proposal.
The sharp year-on-year jump in revenue and profits signals a strong operational quarter, which is likely to be viewed positively by investors. The higher borrowing ceiling indicates possible capex or expansion plans, while deferring the ESOP removes a near-term dilution overhang.