Pondy Oxides and Chemicals Limited's board has approved the sub-division of equity shares from a face value of ₹5 to ₹2 to enhance liquidity and encourage small investor participation. The meeting, held on May 26, 2026, also approved the appointment of Mr. Hemant Jawahar Lal as an Additional Non-Executive Independent Director for five years with immediate effect. Both decisions are subject to shareholder approval via postal ballot.

The stock split will alter the capital structure, converting every two existing shares of ₹5 each into five shares of ₹2 each. The record date for the split will be determined after shareholder approval. The board also approved altering the Capital Clause of the Memorandum of Association to reflect the new face value of ₹2. The authorized capital will increase to 10,07,50,000 equity shares of ₹2 each, while the total paid-up capital remains unchanged at ₹15,25,56,395.

Mr. Hemant Jawahar Lal (DIN: 11731104) brings over three decades of experience, having retired as Principal Chief Commissioner of Income Tax. His expertise includes International Taxation and Transfer Pricing. The board confirmed he meets the independence criteria under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of SEBI (LODR) Regulations, 2015.

Capital Structure Details

The company expects the share split process to be completed within two months of receiving shareholder approval. The postal ballot notice for both the split and the director appointment will be circulated in due course.

Pondy Oxides & Chemicals has outlined a significant capital investment plan and medium-term growth targets, announcing a ₹180 crore investment earmarked for FY27. The company has set ambitious operational and financial milestones, targeting volume growth of over 15%, revenue growth of more than 20%, and an EBITDA margin exceeding 8% by 2030.

Investment and Growth Targets

The company's announced plan reflects a structured approach to scaling operations and improving financial performance over the coming years. The key parameters of the growth roadmap are summarized below:

Key Highlights

The announced targets underscore Pondy Oxides & Chemicals' focus on the following growth priorities:

• Capital Deployment: A ₹180 crore investment planned for FY27 to support business expansion.
• Volume Expansion: A target of over 15% volume growth as part of the medium-term strategy.
• Revenue Scaling: Revenue growth of more than 20% targeted as part of the broader growth roadmap.
• Margin Improvement: EBITDA margin aimed to exceed 8% by 2030, reflecting a focus on operational efficiency alongside top-line growth.

The combination of a defined capital investment plan for FY27 and clear financial performance benchmarks through 2030 indicates that Pondy Oxides & Chemicals is pursuing a multi-year growth strategy. The targets encompass both volume-led expansion and margin enhancement, with the EBITDA margin goal of exceeding 8% by 2030 serving as a key profitability milestone for the company.