Supreme Petrochem Limited has informed the Exchange regarding Re-Appointment of Mr Nageswaran Gopal as Manager of the Company for a further period of around 3 years w.e.f. April 20, 2026 to March 31, 2029 subject to approval of members at the ensuing AGM.
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Supreme Petrochem Limited held its Board meeting on April 24, 2026 and approved the audited financial results for FY 2025-26. Standalone revenue from operations stood at Rs. 5,32,757.43 lakhs, with profit after tax of Rs. 32,730.74 lakhs, compared to Rs. 39,052.48 lakhs in the previous year. The Board recommended a final dividend of Rs. 8 per equity share (face value Rs. 2), subject to shareholder approval at the 37th AGM scheduled for July 14, 2026. The company also announced the re-appointment of Mr. N. Gopal as Manager for 3 years from April 20, 2026 to March 31, 2029. Mr. Gopal has been with the company for about 36 years with 57 years of petrochemical experience. The statutory auditors issued an unmodified opinion, and the company continues to remain debt-free.
The re-appointment of an experienced executive like Mr. N. Gopal provides continuity in leadership and is positive for operational stability. The recommended dividend of Rs. 8 per share signals shareholder-friendly policy despite lower profits compared to the previous year.