Chembond Material Technologies Limited — Others, 30-05-2025: Appointment

Chembond Material Technologies has approved the financial results for the quarter and year, reporting consolidated revenue of Rs. 52.21 Cr (quarter) and Rs. 201.30 Cr (year) with net profit at Rs. 3.36 Cr (quarter) and Rs. 17.56 Cr (year). Standalone revenue and net profit were slightly lower. A dividend of Rs. 1.75 per share is proposed. Leadership changes include the appointment of Jaywant K. Tawade as additional executive director and re-appointment of Sameer V. Shah as Chairman & MD, alongside a key resignation and role adjustment. New statutory auditors are proposed after the current auditors’ resignation. A new ESOP scheme for 400,000 options was approved. The company completed restructuring by merging three subsidiaries and demerging Construction Chemicals and Water Technologies into Chembond Chemical Specialties Ltd., aiming to enhance focus and operational efficiency.