ALPHA TRIBE

Chembond Material Technologies LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 04:50 pm

Chembond Material Technologies reported consolidated revenue of ₹202.99 Cr and net profit of ₹17.56 Cr for FY25. The board proposed a 35% dividend at ₹1.75/share, pending shareholder approval. Leadership changes include Mr. Jaywant K. Tawade joining as Additional Executive Director, Mr. Sameer V. Shah’s reappointment as Chairman & MD for three years, and resignations of Mr. Ashwin R. Nagarwadia and Mr. Nirmal V. Shah (who remains Non-executive Director). New statutory auditors M/s. Kastury & Talati will be appointed. An Employee Stock Option Scheme 2025 with 400,000 options was also introduced.

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