Shree Pushkar Chemicals & Fertilisers Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025 approving the following items - A. Incorporation of a Wholly Owned SubsidiaryB. Re-appointment of Internal Auditor for the financial year 2025-2026C. Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information; and Code of Conduct to regulate, monitor and report trading by its employees and other connected persons
SHREEPUSHK · price
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Shree Pushkar Chemicals & Fertilisers reported strong FY25 results with consolidated revenue from operations rising to Rs. 80,628 lakhs from Rs. 72,617 lakhs in FY24, and net profit jumping to Rs. 5,862 lakhs from Rs. 3,706 lakhs (about 58% growth). Basic EPS for FY25 stood at Rs. 18.25 vs Rs. 11.72 last year. The Board recommended a dividend of Rs. 2.00 per equity share (20%) subject to shareholder approval at the AGM. The Board also approved incorporating a new wholly owned subsidiary named 'Dyecol Color Technologies Private Limited' to serve as the marketing arm for its Dyes and Dyes Intermediates business. Additionally, M/s. RMJ & Associates LLP was re-appointed as Internal Auditor for FY26, and the Insider Trading Code was amended to align with the latest SEBI regulations. Auditors issued an unmodified opinion on both standalone and consolidated results.
Strong profit growth of around 58% and a healthy 20% dividend payout are positive for shareholders. The new wholly owned subsidiary is aimed at sharpening focus on the Dyes business, which could support future margins and segment growth.