Coromandel International earns Responsible Care Certification for all plants

1 min read     Updated on 14 Jul 2026, 01:44 PM
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Coromandel International Limited has secured the Responsible Care Certification from the Indian Chemical Council for all 18 manufacturing facilities. Valid from April 2026 to March 2029, the certification covers the company's Nutrients, Crop Protection, Specialty Nutrients, and Bio businesses. This recognition places Coromandel among a select group of companies globally meeting rigorous chemical industry standards.

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Coromandel International has been awarded the Responsible Care Certification by the Indian Chemical Council (ICC) for all 18 manufacturing facilities across its Nutrients, Crop Protection Chemicals, Specialty Nutrients, and Bio businesses. Valid from April 2026 to March 2029, the certification recognizes the company's adherence to the global chemical industry's most rigorous standards of safety, health, and environmental stewardship. This achievement places Coromandel among a select group of companies globally to meet these standards, reinforcing its commitment to responsible manufacturing practices.

The certification follows a comprehensive assessment and verification process led by the ICC. Coromandel undertook a structured improvement programme spanning manufacturing operations, business functions, and the supplier ecosystem. The company implemented focused interventions in areas such as process safety, employee wellbeing, environmental performance, product responsibility, distribution safety, and community engagement to meet the requirements of the globally recognized initiative.

Responsible Care is an initiative of the chemical industry administered globally by the International Council of Chemical Associations (ICCA) and implemented in over 70 countries. The framework is designed to help companies strengthen responsible manufacturing practices and meet evolving stakeholder expectations across the value chain.

"This certification is a testament to Coromandel's consistent focus on responsible manufacturing and high safety standards. We are making significant investments to strengthen our safety systems and environmental practices and remain committed to upholding the highest standards across all our operations," said Mr. S. Sankarasubramanian, Managing Director & CEO, Coromandel International Limited.

Coromandel International Limited reported a turnover of ₹31,827 Crores during FY 25-26. The company operates 21 manufacturing facilities across India and is part of the Murugappa Group, which recorded a turnover of INR 90,178 crore in FY 24-25.

Historical Stock Returns for Coromandel International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.66%-2.49%+1.63%-10.67%-13.65%+133.04%

How will this certification influence Coromandel International's ability to expand into export markets with stricter environmental regulations?

What specific capital expenditures are planned to maintain these standards across the remaining three facilities not yet certified?

Could this certification lead to a premium valuation or lower cost of capital for the company within the ESG-focused investment community?

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Coromandel promoters confirm no share encumbrance in FY26

1 min read     Updated on 04 Jul 2026, 12:38 PM
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Coromandel International's promoters confirmed no new share encumbrances in FY26, complying with SEBI SAST regulations. The disclosure covers a wide network of individuals and entities within the Murugappa Group, including major listed entities and trusts.

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Promoters of Coromandel International have confirmed that no new encumbrance has been created on the company's shares during the financial year 2025-26. This disclosure, submitted to the National Stock Exchange of India and BSE, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation applies to the promoters, persons belonging to the promoter group, and persons acting in concert.

The filing explicitly states that no shares have been encumbered directly or indirectly, other than those already disclosed to the company during the specified financial year. E.I.D. - Parry (India) Limited, a promoter of the target company, communicated this confirmation to the exchanges and the Audit Committee of Coromandel International Limited. The disclosure was simultaneously made to the Audit Committee in accordance with Regulation 31(5)(b) of the SEBI SAST Regulations.

The list of promoters and promoter group entities includes numerous individuals and corporate bodies within the Murugappa Group. Key individual promoters include M A M Arunachalam, Arun Alagappan, M.A.Alagappan, S Vellayan, M M Murugappan, M M Muthiah, M M Venkatachalam, and M V Subbiah. Corporate promoters listed include E.I.D. Parry (India) Limited, Tube Investments of India Limited, Carborundum Universal Limited, and Ambadi Investments Limited.

The promoter group comprises a vast array of entities such as Coromandel Chemicals Limited, Cholamandalam Investment and Finance Company Limited, CG Power and Industrial Solutions Limited, and various trusts including the AMM Foundation and Murugappa Educational and Medical Foundation. International subsidiaries like Coromandel International (Nigeria) Limited, Coromandel Australia Pty Ltd, and CUMI America Inc. are also classified under the promoter group.

The following table provides a snapshot of the key entities listed in the disclosure:

S. No. Name of the Person / PAC Category
60 E.I.D. PARRY (INDIA) Limited Promoter
71 Tube Investments of India Limited Promoter
84 Carborundum Universal Limited Promoter
66 Ambadi Investments Limited Promoter
77 Cholamandalam Investment and Finance Company Limited Promoter Group
96 CG Power and Industrial Solutions Limited Promoter Group
102 AMM Foundation Promoter Group

Historical Stock Returns for Coromandel International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.66%-2.49%+1.63%-10.67%-13.65%+133.04%

How might this clean encumbrance status impact Coromandel International's ability to raise future capital or secure loans?

Does the absence of new share encumbrance signal a shift in the Murugappa Group's leverage strategy across its other listed entities?

Could this disclosure strengthen investor confidence in the corporate governance standards of the broader promoter group?

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1 Year Returns:-13.65%