Indokem Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The Mumbai-based chemical company filed the certificate with BSE Limited on April 8, 2026, demonstrating its adherence to regulatory requirements for dematerialization processes.

Regulatory Filing Details

The certificate was submitted by Company Secretary and Compliance Officer Rajesh D. Pisal to BSE Limited, confirming compliance with depositories regulations for Q4FY26. The filing includes confirmation from the company's registrar and share transfer agent regarding proper handling of dematerialization requests during the quarter.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, served as the registrar and share transfer agent for Indokem Limited during the quarter. The registrar provided confirmation on April 3, 2026, certifying compliance with dematerialization procedures and timely processing of securities.

Compliance Confirmation

The registrar confirmed that all securities received from depository participants for dematerialization during Q4FY26 were properly processed within prescribed timelines. The confirmation covers acceptance or rejection of dematerialization requests, proper mutilation and cancellation of physical certificates, and timely substitution of depository names in the register of members.

The filing demonstrates Indokem Limited's continued commitment to regulatory compliance and proper maintenance of its shareholding records through authorized depositories and registrar services.

Indokem Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance and recovery from previous year's challenges.

Financial Performance Highlights

The company's standalone financial results showed remarkable improvement across key metrics. For the third quarter of FY26, Indokem reported significant growth in profitability while maintaining steady revenue performance.

The nine-month performance showed even more dramatic improvement, with the company achieving profitability after previous year's losses.

Consolidated Results Performance

The consolidated financial results, including subsidiaries, reflected mixed performance with revenue declining year-over-year while maintaining profitability. The consolidated net profit for Q3 FY26 stood at ₹40 lakhs compared to ₹73 lakhs in the previous year, representing a decline of 45.2%.

Operational Updates and Regulatory Compliance

The Board noted significant operational developments during the period. The Maharashtra Pollution Control Board (MPCB) had issued a temporary closure order for the company's manufacturing unit at Chikhloli MIDC, Ambernath. However, following compliance measures and representations by the company, MPCB issued restart directions dated January 14, 2026, permitting resumption of production activities subject to stipulated conditions.

The company confirmed that there was no material financial impact on account of the temporary closure of the plant during the intervening period, demonstrating effective operational management during the regulatory process.

Corporate Governance Developments

Based on recommendations from the Nomination and Remuneration Committee, the Board approved revision in remuneration for Mr. Manish Mahendra Khatau, Whole Time Director, for the period from April 1, 2026, to February 28, 2027. The proposed remuneration aligns with the company's Remuneration Policy and will be subject to shareholder approval at the forthcoming Annual General Meeting.

Impact of New Labour Codes

The company has proactively addressed the implementation of four new labour codes notified by the Government of India on November 21, 2025. These codes consolidate and rationalize 29 existing labour laws. Based on management estimates, the company has recognized the financial impact of these new Labour Codes as an expense in the current quarter and nine-month results. The assessment of other potential impacts will be undertaken upon notification of relevant rules by appropriate authorities.

The financial results were reviewed by statutory auditors CNK & Associates LLP, recommended by the Audit Committee, and approved by the Board of Directors at their meeting held on January 30, 2026.