AksharChem India Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

AksharChem has announced a board meeting on May 21, 2025, approving the audited financial results for the quarter and financial year ended March 31, 2025. The company swung to a profit of Rs. 582.64 lakhs for the year, reversing last year's loss, with revenue rising to Rs. 34,626.52 lakhs. A final dividend of Rs. 0.75 per share (7.5% on Rs. 10 face value) is proposed, subject to shareholder approval. The board also greenlit a new Memorandum of Association, pending member consent. The company is steadily recovering from a May 2024 fire, with insurance covering all losses.