AksharChem (India) Limited has fixed Tuesday, September 15, 2026, as the record date for determining shareholder entitlement for its 37th Annual General Meeting (AGM) and the payment of the final dividend for FY26. The payout is set at ₹0.50 per equity share of face value ₹10 each.

The Board of Directors recommended this dividend at its meeting held on May 21, 2026, subject to member approval at the upcoming AGM. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed that dividend payments will be made within 30 days of declaration to members whose names appear in the Register of Members as of the record date.

AGM Schedule and Agenda

The 37th AGM is scheduled for Tuesday, September 22, 2026, at 12:00 pm at the company’s registered office in Indrad, Gujarat. Shareholders will address ordinary business items, including the adoption of audited financial statements for FY26.

A key special business item involves ratifying the remuneration for M/s. M. I. Prajapati & Associates LLP as Cost Auditors for the financial year ending March 31, 2027. The Board approved a fee of ₹45,000 plus applicable taxes and out-of-pocket expenses.

Director Re-appointments

Shareholders will vote on the re-appointment of two directors retiring by rotation:

• Mrs. Paru M. Jaykrishna, Chairperson & Managing Director
• Mr. Sachin M. Jaykrishna, Executive Director

Both directors attended all four board meetings held during FY25-26. Mrs. Jaykrishna holds 31,22,673 equity shares through the Mrugesh Jaykrishna Family Trust-2, while Mr. Jaykrishna does not hold any shares in the company.

Voting and Record Dates

Remote e-voting via NSDL will be open from September 18, 2026, at 9:00 am until September 21, 2026, at 5:00 pm. Shareholders holding physical or dematerialized shares as of the September 15 cut-off date are eligible to vote and receive dividends if declared.

As per SEBI guidelines, shareholders holding shares in physical form must furnish KYC details, including PAN, nomination, email address, mobile number, bank account details, and specimen signature, to receive dividends electronically. Forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14 are available on the RTA's website.

What the Numbers Show

The fixed record date of September 15, 2026, establishes a clear timeline for liquidity distribution following the May 21 board recommendation. The 5% dividend yield on the ₹10 face value reflects a conservative capital return strategy, consistent with the company’s focus on cost audit compliance and director continuity rather than aggressive expansion signals in this filing.

AksharChem (India) AksharChem reported a net profit of ₹15.21 lakh for the quarter ended June 30, 2026, marking a sharp recovery from the ₹0.71 lakh profit recorded in Q1FY26. The chemical manufacturer’s revenue from operations rose 45.3% year-on-year to ₹140.87 lakh, reflecting stronger operational activity compared to the previous fiscal period.

The Board of Directors approved the unaudited financial results on August 12, 2026. Statutory auditors Talati & Talati LLP issued a limited review report, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also published an extract of its standalone unaudited financial results in Business Standard and Jay Hind newspapers on August 13, 2026, pursuant to Regulation 47 of the SEBI Listing Regulations.

Financial Performance

Revenue growth was supported by an increase in cost of materials consumed to ₹84.57 lakh from ₹54.02 lakh in Q1FY26, indicating higher production volumes. Employee benefits expense rose to ₹4.15 lakh from ₹3.52 lakh, while power and fuel costs increased to ₹18.19 lakh from ₹15.04 lakh.

Earnings per share stood at ₹18.94, compared to ₹0.89 in the corresponding quarter of FY26. Deferred tax expenses were ₹0.74 lakh for the quarter. The total comprehensive income for the period was ₹159.59 lakh.

What the Numbers Show

The divergence between revenue growth and expense management highlights improved operational leverage. While revenue surged 45.3%, total expenses grew at a slower pace of 30.2%. This gap widened the profit before tax margin significantly, turning a modest pre-tax profit of ₹10.32 lakh in Q1FY26 into ₹159.48 lakh in Q1FY27. The absence of exceptional items in the current quarter, unlike the insurance claim receipts seen in prior periods, suggests the profit improvement is driven by core operational efficiency rather than one-off gains.

Strategic Developments

AksharChem announced the successful commissioning of a ground-mounted solar power plant with a capacity of 2.40 MWp (DC) / 1.75 MWp (AC). The project, valued at ₹69.70 lakh, is located in Sardarpura, Bharuch district. Solar power generation commenced on April 24, 2026, following certification from the Gujarat Energy Development Agency (GEDA). This initiative supports the company’s captive power consumption at its Dahej factory, aiming to reduce reliance on grid power and lower operational costs.