Appointment of Company Secretary and Compliance Officer
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Awaiting price reaction for this filing.
Mitsu Chem Plast Ltd's board, at its meeting on August 7, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to Rs. 8,527.86 lakhs from Rs. 8,013.27 lakhs in Q1 FY25, a growth of about 6.4%. Profit after tax increased to Rs. 131.16 lakhs (vs Rs. 108.78 lakhs), with basic EPS at Rs. 0.97 (vs Rs. 0.81), an improvement of roughly 20%. The board also appointed Ms. Gargi Sawant (ICSI member, 8+ years in corporate secretarial and compliance) as Company Secretary and Compliance Officer, designated as a Key Managerial Personnel, effective August 7, 2025. The 37th Annual General Meeting is scheduled for September 4, 2025, via video conferencing. Statutory auditors Gokhale & Sathe issued an unqualified review report on the quarterly results.
Q1 results show modest revenue growth with a healthier jump in profitability, indicating margin improvement and positive operating momentum. The CS appointment is a routine governance update with no direct bearing on stock price, while the upcoming AGM may bring dividend or strategic announcements worth watching.