Fine Organic Industries Limited will host an in-person investor conference on September 21, 2026. The event, organized by Anand Rathi, is scheduled from 10:00 am to 4:00 pm and will feature one-on-one and group meetings with company officials.

Meeting Details

The conference aims to engage with analysts and institutional investors regarding the company's performance and outlook. Discussions during the interactions will be strictly based on publicly available information. The company has explicitly stated that no unpublished price-sensitive information (UPSI) will be shared.

Regulatory Compliance

This intimation is issued pursuant to Regulation 30 read with Schedule III (Part A) (15) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted under Regulation 30(6) of the same regulations.

Investor Presentation

Fine Organic Industries has uploaded its 'Augusts 2026' investor presentation on its official website. The document is also available on the stock exchanges for public access. Investors are advised that changes to the schedule may occur due to exigencies on the part of the host or the company.

Fine Organic Industries Limited has completed the acquisition of an 80% equity stake in Oleofine Organics SDN. BHD. The transaction was finalized on September 9, 2026, making the Malaysian entity a subsidiary.

The completion also triggers a change in control for Fine Organic Industries (Thailand) Co., Ltd. With Fine Organic Industries holding 45% and Oleofine holding 10%, the combined voting power exceeds 50%. Consequently, the Thailand entity became a subsidiary effective September 9, 2026.

Transaction Structure

The acquisition involves purchasing shares from existing shareholders of Oleofine Organics SDN. BHD. A significant portion constitutes a related-party transaction.

• 50% stake: Acquired from Smoothex Chemicals Private Limited, a promoter group entity.
• 30% stake: Acquired from other unrelated existing shareholders.

Key promoters, including Chairman Mukesh Shah, Managing Director Jayen Shah, and CEO Tushar Shah, hold directorships or membership in Smoothex. The company stated the transaction was carried out on an arm's length basis.

Financial Profile of Targets

Oleofine Organics reported consistent turnover growth over recent fiscal years. The financial data indicates a strengthening revenue base for the acquired entity.

As of January 31, 2026, the net worth of Oleofine Organics stood at RM 3,42,45,075, equivalent to approximately ₹79.65 crore.

Fine Organic Industries (Thailand) reported turnover of THB 101,172,263 (₹28.87 crore) for the fiscal year ended December 31, 2025. Its net worth as of that date was THB 122,386,736 (₹34.92 crore).

What the Numbers Show

The acquisition cost of RM 3,42,08,000 is nearly identical to Oleofine's disclosed net worth of RM 3,42,45,075 as of January 31, 2026. This parity suggests the valuation is anchored closely to book value rather than commanding a significant premium. Additionally, Oleofine's FY26 turnover represents a notable increase from the previous year, indicating operational scaling prior to the buyout.