Vinyl Chemicals (India) Limited — Others, 03-07-2025: Shareholders meeting
Vinyl Chemicals (India) Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. The company reported revenue of ₹625.25 Cr, primarily from trading Vinyl Acetate Monomer (VAM), with a net profit of ₹22.33 Cr, up from ₹21.85 Cr the previous year. The board proposed a dividend of ₹7 per equity share. Key management changes include appointment of Ms. Aarti Falorh as Company Secretary and Shri Sayantan Mallick as CFO in November 2024. The firm faces market and currency fluctuation risks inherent to chemical trading but maintains solid liquidity and a well-structured risk management framework. Related party transactions are mainly with promoter company Pidilite Industries Ltd., amounting to over ₹555 Cr in sales. The company follows strong corporate governance with an active board comprising executive and independent directors. Internal financial controls are adequate and operating effectively, supported by independent and statutory audits with unqualified reports. No significant legal or regulatory issues were reported, and the company continues to comply with all listing and secretarial obligations.
