Chemcon Speciality Chemicals Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting

Chemcon's board met and approved the financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹53.52 Cr, with a net profit of ₹6.39 Cr.

In a strategic move, the board approved acquiring M/s. Shivam Petrochem Industries, a related party firm in chemical manufacturing, for up to ₹100 Cr in cash via slump sale. This acquisition aims to expand Chemcon's core business.

The company also appointed Mr. Neel Snehalkumar Shah as an Additional Independent Director for a 5-year term. The 36th Annual General Meeting will be held virtually on September 11, 2025.