Apcotex Industries Limited — Others, 28-01-2025: Address Change

The Board of Directors of Apcotex Industries has announced a meeting during which they approved the audited financial results for the quarter and nine months ended December 31, 2024. For this period, the company reported a total income of ₹359.93 crore and a net profit after tax of ₹10.37 crore. Additionally, they appointed Mr. Rajendra Mariwala as an Additional Non-Executive Independent Director, effective February 1, 2025, pending shareholder approval. The Board also declared an interim dividend of ₹2 per equity share, with February 3, 2025, set as the record date. Furthermore, they will shift the registered office to a new location in Navi Mumbai on March 1, 2025.

This update reinforces Apcotex’s financial stability and governance structure, which could enhance investor confidence and foster a positive outlook. The dividend declaration signals a commitment to shareholder returns, though investors should remain aware of the transition to a new office location and its operational implications.