ALPHA TRIBE

Fineotex Chemical LimitedOthers, 12-08-2025: Change in Management

12-08-2025 | 08:37 pm

Fineotex Chemical's Board has approved the financial results for the quarter. Consolidated Revenue rose 14.43% to approximately Rs. 137.07 Cr, with Profit After Tax (PAT) increasing 24.34% to about Rs. 25.03 Cr. Operational EBITDA also grew 18.37% to roughly Rs. 25.20 Cr. The company initiated commercial production at its new Ambernath facility, enhancing capacity for new products. Additionally, the board, following advice from relevant committees, approved the appointment of M/s. HSPN & Associates as Secretarial Auditor and Mr. Chetan Shah as an Independent Director, subject to shareholder approval at the Annual General Meeting on September 19. An additional 58,797 stock options were also granted.

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