Announced Tue, 12 Aug · 18:51 IST

Shree Pushkar Chemicals & Fertilisers Limited has informed the Exchange about change in Management

Management Changes View source PDF

SHREEPUSHK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shree Pushkar Chemicals & Fertilisers held its board meeting on August 12, 2025, and approved several items. Q1 FY26 consolidated revenue from operations rose to Rs 25,450.54 lakhs (vs Rs 19,419.89 lakhs in Q1 FY25), with net profit at Rs 1,668.00 lakhs (vs Rs 1,281.65 lakhs). Standalone revenue grew to Rs 14,365.82 lakhs and net profit to Rs 1,083.67 lakhs. The board approved the re-appointment of promoter brothers Punit Makharia (Chairman & MD) and Gautam Makharia (Joint MD) for a five-year term from April 1, 2026 to March 31, 2031, subject to shareholder approval. It also approved second-term re-appointment of two independent directors, Mrs. Barkharani Harsh Nevatia and Mr. Ishtiaq Ali. Additionally, a new cost auditor and a new secretarial auditor (for a five-year term from FY26 to FY30) were appointed. The 32nd AGM is set for September 29, 2025, with the record date for final dividend fixed at September 19, 2025.

Likely market impact

Strong Q1 results with consolidated profit growth of roughly 30% year-on-year signal healthy operational momentum. Re-appointment of promoter brothers ensures management continuity, while fresh auditor appointments and a confirmed dividend record date are routine housekeeping items that should be neutral to mildly positive for shareholders.