Camex Ltd — Others, 10-07-2025: Others

Camex Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a decline in revenue to ₹133.65 Cr from ₹141.81 Cr and a drop in profit to ₹1.89 Cr from ₹3.46 Cr in the previous year. The business faced a fire incident at its leased wax plant in Ankleshwar, causing an estimated loss of ₹2.07 Cr in inventories and fixed assets, which is insured and under claim. Production of wax and plastic chemicals has commenced at a new leased facility since September 2024. The company continues to focus on dyes, chemicals, fiberglass, and related products, expecting growth driven by rising demand in textiles, plastics, and construction sectors. Key management changes include appointment of new directors and re-appointment of the Managing Director with a monthly salary of ₹5 Lacs. Related party transactions mainly involve rent, remuneration, and loans. The company maintains adequate internal controls and compliance systems, with no material regulatory or legal issues impacting operations.