Mahickra Chemicals Limited — Important, 23-05-2025: General Updates

Mahickra Chemicals has announced a board meeting on May 23, 2025. The CFO, Mr. Kalusinh Chauhan, resigned, replaced by Mr. Atul Sushilkumar Bachhawat. Consolidated revenue stood at Rs. 43.36 Cr with a profit of Rs. 1.19 Cr for the quarter and half-year. Cash levels improved to Rs. 7 lakh. The group holds a 45% stake in RCN Specialities Pvt Ltd, which posted minor losses. Financial controls and compliance remain strong according to auditors.