Khaitan Chemicals & Fertilizers Limited — Board Meeting, 23-04-2025: Outcome of Board Meeting

The Board of Directors has approved the audited financial results for the quarter and financial year ended March 31, 2025, with an unmodified opinion from the independent auditors. The outstanding qualified borrowings increased from ₹24.39 Cr to ₹204.16 Cr during the financial year. The Board decided not to declare a dividend due to an elongated working capital cycle and no profit for the year. Additionally, M/s. Ritesh Gupta & Co. has been appointed as the Secretarial Auditor for five years, while M.P. Turakhia & Associates will serve as Cost Auditor for FY 2025-26. M/s. APAS & Co. will carry out the internal audit for the same period. Furthermore, Mr. Jagdish Lal Jajoo has completed his tenure as Whole-Time Director, effective April 21, 2025.