ALPHA TRIBE

Sunshield Chemicals LtdOthers, 19-06-2025: AGM/EGM

19-06-2025 | 10:57 am

Sunshield Chemicals Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported strong overall revenue growth of 29.52% to ₹368.94 Cr, driven mainly by a 39.95% rise in domestic sales to ₹303.70 Cr, while exports declined by 5.73% to ₹61.30 Cr. Profit before tax fell by 32.5% to ₹18.05 Cr due to higher costs, with net profit at ₹14.58 Cr, down 22.63% on lower margins and increased expenses. The board proposes a final dividend of ₹2.5 per share. The company continues to invest in capacity expansion and R&D, focusing on specialty chemicals serving diverse industries domestically and internationally. New appointments include Mr. Mukesh Malhotra as Independent Director and M/s. Naithani & Shetty Associates as Secretarial Auditors for five years. Cost auditors’ remuneration of ₹3 Lakhs for FY 2025-26 is recommended for ratification. The company maintains prudent risk management, addressing supply chain issues and raw material availability, particularly Ethylene Oxide.

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