Kanoria Chemicals & Industries Limited has launched a new 12 metric ton per day (TPD) Triacetin manufacturing facility at its existing site in GIDC, Ankleshwar, Gujarat. The launch, announced on October 7, 2026, expands the company’s specialty chemicals portfolio to meet rising demand across food, pharmaceutical, and industrial sectors.

The new capacity targets both domestic and international markets. Triacetin is a key intermediate used in food and beverage processing, pharmaceuticals, agrochemicals, resins, coatings, plastics, and adhesives. By adding this product line, the company aims to strengthen its position in value-added chemical segments.

Strategic expansion details

The facility was inaugurated in the presence of Saumya Vardhan Kanoria, Whole Time Director, and Sanjay Ojha, Chief of Manufacturing & Projects - Chemical Business. Sanjay Ojha stated that the addition enhances the company's capabilities in value-added products and supports growth initiatives aligned with its "Vision-2030" strategy.

The announcement was made via a press release filed with stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company acknowledged support from the Government of Gujarat for its manufacturing expansions.

Portfolio diversification

Kanoria Chemicals operates three chemical manufacturing facilities in Ankleshwar (Gujarat), Visakhapatnam (Andhra Pradesh), and Naidupeta (Andhra Pradesh). The company specializes in alcohol-based intermediates, phenolic resins, and specialty chemicals. This new Triacetin line adds to its existing diversified business interests spanning chemicals, renewable energy, and textiles.

The company holds several certifications, including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and RC 14001:2015. It also carries the Responsible Care Logo awarded by the Indian Chemical Council, underscoring its commitment to sustainable development and inclusive growth.

Kanoria Chemicals & Industries announced the voting results for its 66th Annual General Meeting held on September 2, 2026. The company confirmed that all proposed resolutions were passed with the requisite majority.

The meeting, conducted via video conferencing and e-voting, saw participation from 15,196 shareholders on record as of August 26, 2026. A total of 96 shareholders attended through video conferencing, comprising six from the promoter group and 90 public shareholders.

Voting Details

The company engaged Amit Choraria & Co., Chartered Accountants, as the scrutinizer for the e-voting process in compliance with Section 108 of the Companies Act, 2013 and SEBI Listing Regulations. National Securities Depository Limited (NSDL) provided the e-voting facility.

Key Resolutions

Shareholders approved the adoption of audited financial statements for the fiscal year ended March 31, 2026. The board also secured approval for the re-appointment of Hemant Kumar Khaitan as a director retiring by rotation.

Additionally, members passed a special resolution to re-appoint Suhana Murshed as an independent director for a five-year term effective June 29, 2026. The final agenda item involved ratifying the remuneration of cost auditors for FY27.

What the Numbers Show

Promoter group shareholders held 3,25,06,880 shares and cast votes representing 98.66% of outstanding shares across all resolutions. Public non-institutional shareholders, holding 1,11,18,658 shares, contributed only 0.08% of total votes polled, indicating low retail engagement relative to promoter dominance.