Chemplast Sanmar Commences Commercial Production of R32 Refrigerant Gas at Mettur Swing Plant

1 min read     Updated on 19 May 2026, 05:34 AM
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Chemplast Sanmar Limited announced the commencement of commercial production of R32 Refrigerant Gas from its Swing Plant at Mettur on May 18, 2026 at 3.59 PM (IST). The disclosure was made to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed by Company Secretary & Compliance Officer P. Srinivasan, marking a significant operational development at the company's Mettur facility.

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Chemplast Sanmar Limited has announced the commencement of commercial production of R32 Refrigerant Gas from its Swing Plant at Mettur. The intimation was made to the stock exchanges on May 18, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Production Commencement Details

The company formally notified both BSE Limited and the National Stock Exchange of India Limited regarding this operational development. The key details of the announcement are as follows:

Parameter: Details
Event: Commencement of commercial production
Product: R32 Refrigerant Gas
Facility: Swing Plant, Mettur
Date & Time of Occurrence: May 18, 2026 at 3.59 PM (IST)
Regulatory Disclosure: Regulation 30, SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The intimation was submitted by P. Srinivasan, Company Secretary & Compliance Officer (Membership No. ACS 10129), on behalf of Chemplast Sanmar Limited. The disclosure was addressed to the Department of Corporate Services at BSE Limited and to the National Stock Exchange of India Limited, fulfilling the company's obligations under applicable listing regulations.

This development represents a new production milestone at the company's Mettur facility, with the Swing Plant now operational for R32 Refrigerant Gas on a commercial basis.

Historical Stock Returns for Chemplast Sanmar

1 Day5 Days1 Month6 Months1 Year5 Years
+4.60%+2.78%-4.19%-23.03%-45.40%-55.67%

How will Chemplast Sanmar's R32 refrigerant production capacity impact its market share in India's growing HVAC and cooling industry?

What is the expected revenue contribution from the R32 Refrigerant Gas production at the Mettur Swing Plant in the near-term financial quarters?

Could the R32 production expansion position Chemplast Sanmar as a key supplier amid global phase-down of higher-GWP refrigerants under the Kigali Amendment?

Chemplast Sanmar Files Newspaper Notice for Central Government Approval of Managing Director Appointment

1 min read     Updated on 18 May 2026, 11:18 PM
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Chemplast Sanmar filed a regulatory intimation under Regulation 30 of SEBI (LODR) Regulations, 2015, publishing notices in Financial Express and Dinamani newspapers on May 16, 2026, to seek Central Government approval for the appointment of Mr S Ganeshkumar as Managing Director for a 3-year term effective April 1, 2026. The appointment was previously approved by shareholders on March 22, 2026, through postal ballot via e-voting, and the filing was signed by Company Secretary P Srinivasan (ACS 10129).

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Chemplast Sanmar has issued a public notice through newspaper advertisements, informing stakeholders of its intent to apply to the Central Government for approval of the appointment of Mr S Ganeshkumar as Managing Director of the Company. The intimation was filed with stock exchanges on May 16, 2026, at 9:00 A.M. (IST), in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Statutory Notice for Managing Director Appointment

The company published advertisements in Financial Express (English) and Dinamani (Tamil) newspapers on May 16, 2026, pursuant to Section 201(2) of the Companies Act, 2013. The notice formally communicates the company's intention to seek Central Government approval under Sections 196, 197, and 201 of the Act, read with Part I of Schedule V and other applicable provisions.

The key details of the proposed appointment are as follows:

Parameter: Details
Name of Appointee: Mr S Ganeshkumar
DIN: 00088163
Designation: Managing Director
Appointment Period: 3 (three) years
Effective Date: April 1, 2026
Shareholder Approval Date: March 22, 2026
Mode of Shareholder Approval: Postal Ballot by Electronic Voting (e-voting)
Newspaper Publication Date: May 16, 2026
Publications: Financial Express (English) & Dinamani (Tamil)

Shareholder and Regulatory Process

The appointment of Mr S Ganeshkumar as Managing Director was approved by the shareholders of the company on March 22, 2026, through a postal ballot conducted via electronic voting (e-voting). Following this shareholder approval, the company is now proceeding with the statutory requirement of obtaining Central Government approval as mandated under the Companies Act, 2013.

The notice has been made available on the company's website at www.chemplastsanmar.com , as well as on the websites of BSE Limited ( www.bseindia.com ) and National Stock Exchange of India Limited ( www.nseindia.com ).

Exchange Filing and Compliance

The regulatory filing was submitted to both BSE Limited and the National Stock Exchange of India Limited. The intimation was signed by P Srinivasan, Company Secretary and Compliance Officer (Membership No. ACS 10129), on behalf of Chemplast Sanmar, confirming compliance with applicable listing and disclosure requirements.

Historical Stock Returns for Chemplast Sanmar

1 Day5 Days1 Month6 Months1 Year5 Years
+4.60%+2.78%-4.19%-23.03%-45.40%-55.67%

How might Mr S Ganeshkumar's leadership style and strategic vision differ from his predecessor, and what operational or financial changes could shareholders expect at Chemplast Sanmar over his three-year tenure?

What is the likelihood and typical timeline for Central Government approval under Sections 196, 197, and 201 of the Companies Act, 2013, and could any regulatory delays impact Chemplast Sanmar's business continuity or strategic initiatives?

Given Chemplast Sanmar's position in the specialty chemicals sector, what key industry challenges or growth opportunities is the new Managing Director likely to prioritize, particularly amid evolving global chemical supply chain dynamics?

More News on Chemplast Sanmar

1 Year Returns:-45.40%