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

Chemcon's Board has approved the financial results for the quarter ended June 30, 2025, reporting revenue of Rs 53.52 Cr and a net profit of Rs 6.39 Cr. In a strategic move, the Board also greenlit the acquisition of M/s. Shivam Petrochem Industries, a chemical manufacturer with a FY25 turnover of Rs 26.46 Cr, for up to Rs 100 Cr in cash. This aims to drive operational synergies. Additionally, Mr. Neel Snehalkumar Shah was appointed as an Independent Director for five years, pending shareholder approval. The 36th Annual General Meeting is set for September 11, 2025.