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

Chembond Material Technologies Limited has announced a board meeting in which it approved the financial results for the quarter and half-year, reporting consolidated revenue of Rs. 52.21 Cr for the quarter and Rs. 201.30 Cr for the year, with net profits of Rs. 3.36 Cr and Rs. 17.56 Cr respectively. An interim dividend of Rs. 1.75 per share (35%) has been proposed. Leadership changes include the appointment of Mr. Jaywant K. Tawade as Additional Executive Director and re-appointment of Mr. Sameer V. Shah as Chairman & MD. Key resignations and role shifts occurred as part of restructuring around the demerger effective April 2024. New statutory and secretarial auditors have been nominated pending approval. The company also plans an Employee Stock Option Scheme for 400,000 shares, focusing on streamlining operations and sharpening core business focus.