LORDSCHLONSELords Chloro Alkali LimitedMediumNeutral
Announced Thu, 28 May · 18:49 IST

Lords Chloro Alkali Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

LORDSCHLO · price

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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹142.00
prior close
₹150.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.8-3.3-4.5-1.8-4.6-7.8-10.2-9.1-8.1-7.0-5.7
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AI summary

Lords Chloro Alkali Limited reported strong financial performance for FY2025-26 with total income of Rs. 3,931.03 crore, up 44.6% from Rs. 2,718.15 crore in the previous year. Profit after tax surged to Rs. 284.87 lakh (EPS Rs. 9.94) from Rs. 61.81 lakh (EPS Rs. 2.46). The Board re-appointed M/s Nemani Garg Agarwal & Co. as Statutory Auditors for a second term of 5 years (FY2026-27 to FY2030-31), subject to shareholder approval. M/s D Karamchandani and Co. was appointed as Internal Auditor for FY2026-27, and M/s Goyal, Goyal & Associates was re-appointed as Cost Auditor. The Statutory Auditors issued an unmodified (clean) opinion, though they drew attention to a Rs. 2.15 crore shortfall in power units receivable from CGE Il Hybrid Energy Private Limited, pending confirmation.

Likely market impact

The significantly improved financial performance and clean audit opinion are positive signals for shareholders. The continuity of the existing statutory auditor and appointment of new internal auditors indicates stable governance. The power units shortfall noted by auditors warrants monitoring as confirmation is still awaited.