Hindustan Organic Chemicals Limited (HOCL) has formally communicated its Board of Directors' comments to BSE regarding a fine of Rs.4,60,000 plus GST levied for non-compliance with board composition requirements during the third quarter of FY2025-26. The communication, dated May 16, 2026, was submitted by the Company Secretary & Compliance Officer following deliberations at the company's 426th Board meeting held on May 15, 2026.

Background of the BSE Fine

BSE Limited issued an e-mail dated February 27, 2026, informing Hindustan Organic Chemicals of the fine imposed for non-compliance with Regulation 17(1) — pertaining to the Composition of Board of Directors — under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"). The non-compliance pertains to the quarter ended September 30, 2025.

The key details of the regulatory action are summarised below:

Board's Position and Rationale

At its 426th Board meeting held on May 15, 2026, the Board of Directors reviewed the matter and noted that the appointment of directors at HOCL is carried out by the Ministry of Chemicals & Fertilizers, Department of Chemicals & Petrochemicals, Government of India. The board accordingly concluded that the non-compliance was beyond the control of the company, given that it is a Government of India enterprise and director appointments are governed by the central government.

Waiver Application Submitted to BSE

In light of the circumstances, the Board noted that HOCL has submitted a waiver application to BSE, requesting a complete waiver of the imposed fine. The board's decision and comments have been formally disseminated on the exchange portal in accordance with BSE's requirement that such matters be placed before the board and its observations be disclosed publicly.

The communication was signed by Subramonian H, Company Secretary & Compliance Officer of Hindustan Organic Chemicals, and digitally authenticated on May 16, 2026.

Hindustan Organic Chemicals Limited , a Government of India enterprise, has published newspaper advertisements disclosing its audited financial results (Standalone & Consolidated) for the 4th quarter and year ended March 31, 2026. The disclosure was made in compliance with Regulation 47(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and the advertisements appeared on Saturday, May 16, 2026.

Board Approval and Regulatory Compliance

The Board of Directors of Hindustan Organic Chemicals Limited, at their meeting held on Friday, May 15, 2026, considered and approved the audited financial results of the company for the 4th quarter and year ended March 31, 2026. The results were subsequently communicated to BSE Ltd. through a formal letter dated May 16, 2026, signed by Subramonian H, Company Secretary & Compliance Officer.

The key details of the regulatory filing are summarised below:

Newspaper Publications

In accordance with the regulatory requirement, the audited financial results were published as newspaper advertisements in the following publications:

• Financial Express – All India English Edition
• Kerala Kaumudi – Malayalam newspaper
• Raj Express – Hindi newspaper

Copies of the newspaper advertisements published in the Kochi region, where the company's registered office is situated, were enclosed with the filing submitted to BSE Ltd.

Access to Financial Results

The complete audited financial results, along with the audit report, have been uploaded on the company's website at https://www.hoclindia.com/financial-reports . The filing with the detailed format of the financial results is also available on the stock exchange website as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Hindustan Organic Chemicals Limited is registered at Ambalamugal, Ernakulam District, Kerala, India – 682 302, and operates as an ISO 9001, 14001, 45001 & 50001 certified unit.