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.
SPLPETRO · price
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Supreme Petrochem Limited held its Board meeting on April 24, 2026 and approved several items. The company reported standalone revenue from operations of Rs. 5,32,757.43 lakhs for FY 2025-26, down from Rs. 6,00,159.64 lakhs in the previous year. Standalone profit after tax stood at Rs. 32,730.74 lakhs compared to Rs. 39,052.48 lakhs in FY 2024-25. The Board recommended a final dividend of Rs. 8 per equity share (face value Rs. 2) for FY 2025-26, subject to shareholder approval at the AGM scheduled for July 14, 2026. Additionally, Shri N. Gopal has been reappointed as Manager for 3 years from April 20, 2026 to March 31, 2029. He has been with the company for about 36 years and oversees manufacturing operations, technology, and expansion projects. The auditors gave an unmodified opinion, and the company remains debt-free.
The reappointment of Shri N. Gopal ensures continuity in leadership at a time when revenue and profits have declined year-on-year. The dividend recommendation provides some return to shareholders despite lower profitability.