Kemistar Corporation Limited Completes Independent Directors Meeting on March 31, 2026

1 min read     Updated on 01 Apr 2026, 02:21 AM
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Radhika SScanX News Team
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Kemistar Corporation Limited successfully concluded its mandatory independent directors meeting on March 31, 2026, completing all regulatory requirements including board performance review, chairperson evaluation, and management information flow assessment. The 15-minute meeting fulfilled SEBI LODR Regulations compliance for Financial Year 2025-26.

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Kemistar Corporation Limited has successfully concluded its independent directors meeting on March 31, 2026, fulfilling regulatory compliance requirements under SEBI regulations. The meeting was conducted from 05:15 p.m. to 05:30 p.m., focusing on comprehensive board performance evaluation and governance assessment.

Meeting Execution and Regulatory Compliance

The independent directors' meeting was held pursuant to Regulation 25(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. Company Secretary Aesha Mashru formally communicated the meeting outcome to BSE Limited, confirming completion of all regulatory obligations for Financial Year 2025-26.

Meeting Agenda and Completed Business

The independent directors successfully transacted all planned business items during their 15-minute meeting:

Business Item: Completion Status
Board Performance Review: Reviewed performance of non-independent directors and board as a whole
Chairperson Evaluation: Assessed Chairperson's performance with input from executive and non-executive directors
Information Flow Assessment: Evaluated quality, quantity and timeliness of management-to-board information flow
Meeting Duration: 05:15 p.m. to 05:30 p.m.

Corporate Governance Achievement

The successful completion of this meeting demonstrates Kemistar Corporation's commitment to maintaining robust corporate governance standards. The independent directors conducted their objective evaluation of board effectiveness and management oversight, ensuring compliance with statutory requirements.

The assessment particularly focused on evaluating whether the Board receives necessary information in appropriate quality, quantity, and timeframe to enable directors to effectively perform their duties. This evaluation process enhances overall board functionality and decision-making processes.

Company Information and Communication

Kemistar Corporation Limited operates with CIN number L24233GJ1994PLC022845 and is headquartered at 604, Manas Complex, Jodhpur Cross Road, Satellite, Ahmedabad-380015, Gujarat. The company trades on BSE under code 531163. Company Secretary Aesha Mashru (Membership No. A45737) has digitally signed and communicated the meeting outcome to regulatory authorities.

Historical Stock Returns for Kemistar Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+1.38%-5.80%+1.85%-31.47%-0.85%+71.11%

What specific governance improvements or strategic changes might emerge from the board performance evaluation findings?

How could the assessment of information flow quality impact Kemistar's future board decision-making processes and meeting structures?

Will the independent directors' evaluation lead to any changes in board composition or director responsibilities for FY 2026-27?

Kemistar Corporation Reports Q3 FY26 Financial Results with Revenue Growth

2 min read     Updated on 13 Feb 2026, 06:03 PM
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Kemistar Corporation Limited reported Q3 FY26 consolidated revenue of ₹547.91 lakhs, up 47% YoY from ₹372.77 lakhs. Nine-month revenue grew 52% to ₹1,691.10 lakhs. However, net profit declined to ₹1.35 lakhs in Q3 from ₹5.79 lakhs last year. The Board approved results on February 13, 2026, with statutory auditors completing limited review as per SEBI regulations.

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Kemistar Corporation Limited announced its unaudited consolidated and standalone financial results for the quarter ended December 31, 2025, showcasing notable revenue growth despite challenges in profitability. The Board of Directors approved these results at their meeting held on February 13, 2026.

Consolidated Financial Performance

The company's consolidated operations demonstrated strong revenue momentum during the third quarter of FY26. Revenue from operations increased significantly compared to the previous year, while the nine-month performance showed sustained growth trajectory.

Metric Q3 FY26 Q3 FY25 YoY Change 9M FY26 9M FY25 YoY Change
Revenue from Operations ₹547.91 lakhs ₹372.77 lakhs +47.0% ₹1,691.10 lakhs ₹1,111.48 lakhs +52.1%
Total Revenue ₹548.54 lakhs ₹420.43 lakhs +30.5% ₹1,694.41 lakhs ₹1,163.30 lakhs +45.7%
Net Profit ₹1.35 lakhs ₹5.79 lakhs -76.7% ₹13.44 lakhs ₹31.58 lakhs -57.4%
Basic EPS ₹0.013 ₹0.05 -74.0% ₹0.12 ₹0.29 -58.6%

Standalone Performance Analysis

The standalone financial results revealed a different performance pattern, with the company showing varied operational metrics across quarters.

Parameter Q3 FY26 Q3 FY25 9M FY26 9M FY25
Revenue from Operations ₹69.31 lakhs ₹30.74 lakhs ₹213.74 lakhs ₹186.65 lakhs
Net Profit ₹0.61 lakhs ₹0.41 lakhs ₹9.19 lakhs ₹15.96 lakhs
Basic EPS ₹0.01 ₹0.00 ₹0.09 ₹0.15

Operational Highlights

The consolidated results include performance from the subsidiary K.P. International Private Limited. Total expenses for the quarter reached ₹547.19 lakhs, with purchases of stock-in-trade representing the largest component at ₹488.24 lakhs. The company maintained a paid-up equity share capital of ₹1,075.94 lakhs with a face value of ₹10 per share.

Regulatory Compliance and Audit

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. N.S. Nanavati & Co., Chartered Accountants, conducted a limited review of both consolidated and standalone results as per Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Financial Metrics

The company's financial structure remained stable with consistent equity capital across all reporting periods. Other income for the consolidated entity was ₹0.63 lakhs in Q3 FY26 compared to ₹47.66 lakhs in the corresponding previous quarter, indicating variability in non-operational income sources.

Financial Element Q3 FY26 Previous Quarter Year Ago
Employee Benefits Expense ₹35.98 lakhs ₹30.05 lakhs ₹51.97 lakhs
Finance Costs ₹16.12 lakhs ₹9.85 lakhs ₹(16.31) lakhs
Depreciation & Amortisation ₹8.38 lakhs ₹10.31 lakhs ₹10.22 lakhs

The results demonstrate the company's operational resilience with significant revenue growth, though profitability faced pressure during the reporting period. The Board's approval of these results reflects continued commitment to transparent financial reporting and regulatory compliance.

Historical Stock Returns for Kemistar Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+1.38%-5.80%+1.85%-31.47%-0.85%+71.11%

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1 Year Returns:-0.85%