Financial Results for Q1 FY27 (Quarter Ended June 30, 2026)

  • Revenue from operations: ₹10,634.64 lakh
  • Other income: ₹22.36 lakh
  • Total income: ₹10,657.00 lakh
  • Total expenses: ₹9,028.49 lakh
  • Cost of raw materials consumed: ₹3,068.38 lakh
  • Employee benefits expenses: ₹625.96 lakh
  • Depreciation and amortization: ₹412.01 lakh
  • Finance costs: ₹242.39 lakh
  • Power and fuel charges: ₹4,282.05 lakh
  • Other expenses: ₹791.50 lakh
  • Profit before tax: ₹1,628.51 lakh
  • Tax expenses: ₹133.15 lakh
  • Current tax: ₹353.01 lakh
  • Deferred tax: ₹(219.86) lakh
  • Profit for the period: ₹1,495.36 lakh
  • Total comprehensive income: ₹1,503.69 lakh
  • Earnings per share (Basic and Diluted): ₹5.22
  • Paid-up equity share capital: ₹2,865.39 lakh (face value ₹10 per share)

Board Approvals and Corporate Actions

1. Unaudited Financial Results: Approved Q1 FY27 results with Limited Review Report from Statutory Auditors Nemani Garg Agarwal & Co.

2. Management Remuneration:

  • Payment of remuneration to Mr. Ajay Virmani (DIN: 00758726), Managing Director, effective April 1, 2027, subject to shareholder approval
  • Payment of remuneration to Mr. Madhav Dhir (DIN: 07227587), Whole-Time Director, effective April 1, 2027, subject to shareholder approval
  • Reappointment of Mr. Deepak Mathur (DIN: 07092786) as Whole-Time Director for 3 years from February 19, 2027, subject to shareholder approval
  • Increase in managerial remuneration limit, subject to shareholder approval

3. Registrar and Share Transfer Agent Change:

  • From M/s Alankit Assignment Ltd to M/s Beetal Financial & Computer Services(P) Limited
  • Alankit will continue until completion of data transition, electronic connectivity shifting, and confirmations from NSDL and CDSL
  • Formal documentation and agreement execution to be completed in due course

4. Borrowing Limit Increase:

  • Increase borrowing limit to ₹500.00 crore, exceeding limits under Section 180(1)(C) of Companies Act, 2013
  • Subject to shareholder approval at ensuing AGM

5. Charge Creation:

  • Creation/modification of mortgage/charge over movable and immovable properties up to ₹500 crore under Section 180(1)(a)
  • Subject to shareholder approval at ensuing AGM

6. Employee Stock Option Scheme 2026:

  • Scheme name: Lords Chloro Alkali Employee Stock Option Scheme 2026
  • Maximum options: 10,00,000 options convertible into equal number of equity shares (face value ₹10 each)
  • Administered by Nomination and Remuneration Committee
  • Implementation through direct route via fresh allotment from company
  • Exercise price linked to market price with possible discount at committee's discretion
  • Minimum vesting period: 1 year from grant date
  • Maximum vesting period: 3 years from grant date
  • Exercise period: Maximum 2 years from last vesting date
  • Appointment of M/s Corporate Professionals Capital Private Limited (INM000011435) as merchant banker for implementation

7. Annual Reports and AGM:

  • Approved Board's Report, Corporate Governance Report, Management Discussion & Analysis for FY2026
  • 47th Annual General Meeting scheduled for Friday, September 11, 2026

Meeting Details

  • Board meeting commenced at 4:30 PM and concluded at 6:45 PM on July 27, 2026
  • Digitally signed by Pankaj Mishra, Company Secretary