CHD Chemicals Ltd has accepted the resignation of Mrs. Santosh Rani from its Board of Directors, effective June 22, 2026. The resignation, submitted due to personal reasons and other commitments, was accepted by the Board and is effective immediately from the stated date. The company confirmed there are no material reasons for the departure beyond those cited in the resignation letter.

The disclosure was made to BSE Ltd under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that Rani served as a Non-Executive, Non-Independent Director prior to her exit.

Rani held membership on several key committees during her tenure. Her roles included positions on the Audit Committee, the Nomination & Remuneration Committee, and the Stakeholder Committee.

In her resignation letter dated June 22, 2026, Rani confirmed there were no material reasons for her departure other than personal reasons. She expressed gratitude to the Board and management for their support and cooperation during her tenure.

The following table details the directorship change:

CHD Chemicals reported a widened net loss of ₹31.38 crore for the financial year ended March 31, 2026, compared to a loss of ₹19.64 crore in the previous year. Revenue from operations declined 23.7% to ₹525.32 crore from ₹688.45 crore in FY25. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditor, GAMS & Associates LLP, issued an adverse opinion on the standalone financial statements. The report states that the company prepared its financial statements in accordance with the Accounting Standards specified under Section 133 of the Companies Act, 2013, rather than the mandated Indian Accounting Standards (Ind AS). Consequently, the financial statements do not give a true and fair view as they were not prepared using the applicable financial reporting framework. The effects of these departures on assets, liabilities, and equity have not been determined by management.

Financial Performance for FY26

For the quarter ended March 31, 2026, the company reported a net loss of ₹1.66 crore, compared to a profit of ₹6.57 crore in the same quarter of the previous year. Revenue for Q4FY26 stood at ₹153.26 crore, slightly up from ₹143.68 crore in Q4FY25.

Balance Sheet Highlights

The total assets of the company decreased to ₹2,007.48 crore as of March 31, 2026, from ₹2,124.60 crore in the previous year. Current assets declined to ₹1,949.73 crore, driven by a reduction in trade receivables and cash & cash equivalents. Borrowings increased to ₹577.63 crore from ₹494.99 crore in FY25. The net worth of the company stood at ₹1,280.56 crore, down from ₹1,311.95 crore in the prior year.