Pondy Oxides & Chemicals Limited has clarified that its recommended final dividend of ₹2 per equity share for FY26 reflects a revision consequent to a share sub-division. The Board originally proposed a dividend of ₹5 per share on May 26, 2026, before shareholders approved splitting equity shares from a face value of ₹5 to ₹2 via postal ballot on July 2, 2026.

The company confirmed in an exchange filing dated August 28, 2026, that while the absolute payout per share decreased from ₹5 to ₹2, the dividend rate remains at 100% of the revised face value. The Board formally modified the dividend amount during its meeting on August 4, 2026, when approving the Notice of the Annual General Meeting.

What the Numbers Show

The clarification resolves potential confusion regarding the reduction in the absolute dividend per share. By maintaining a 100% payout ratio relative to the new ₹2 face value, the total dividend payout remains proportionally consistent with the pre-sub-division structure. This ensures that the economic value returned to shareholders is preserved despite the mechanical adjustment in share count and face value.

Key Meeting Details

The 31st Annual General Meeting will be held on September 22, 2026, at 3:00 pm IST. Shareholders will vote on adopting audited financial statements for FY26 and approving the final dividend. Eligible shareholders are those whose names appear in the Register of Members as of September 15, 2026.

The AGM will be conducted through Video Conferencing or Other Audio-Visual Means, in compliance with Ministry of Corporate Affairs circulars. Remote e-voting via Central Depository Services Limited will commence on September 19, 2026, at 9:00 am and conclude on September 21, 2026, at 5:00 pm.

Other Business Items

• Reappointment of K. Kumaravel as Director Finance and Company Secretary, retiring by rotation.
• Ratification of remuneration for Cost Auditors M/s. Vivekanandan Unni & Associates.
• Adoption of Standalone and Consolidated Audited Financial Statements for the year ended March 31, 2026.

The Register of Members will remain closed from September 16, 2026, to September 22, 2026, for dividend payment purposes. Unclaimed dividends from previous years remain subject to transfer to the Investor Education and Protection Fund as per statutory timelines.

Pondy Oxides & Chemical Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report discloses a standalone turnover of ₹2,938.65 crore and a net worth of ₹799.85 crore. The filing outlines the company’s environmental, social, and governance performance across its operations.

The Chennai-based recycler reported significant shifts in its operational footprint and resource efficiency during the period. Exports accounted for 66% of total turnover, serving customers in 14 countries alongside domestic operations in 11 states. The company operates four plants and one office nationally, with no international locations.

Operational and Financial Overview

Lead and lead alloys remained the dominant revenue driver, contributing 76.69% of turnover. Copper products accounted for 14.36%. The company reported a paid-up capital of ₹15.26 crore (7,62,78,197 equity shares of ₹2/- each). CSR obligations were applicable under Section 135 of the Companies Act, 2013.

Environmental Performance

Energy consumption from non-renewable sources rose to 21,265 GJ in FY26, up from 19,580 GJ in FY25. However, renewable energy usage was recorded at 504 GJ, a new disclosure category. Total energy intensity per rupee of turnover improved to 0.07 from 0.10 in the prior year. Greenhouse gas emissions (Scope 1 and 2) totaled 27,183 metric tonnes of CO2 equivalent, with an emission intensity of 0.09 per rupee of turnover.

Water withdrawal increased to 23,894 kilolitres, driven by a rise in third-party water usage to 16,676 kilolitres from 8,491 kilolitres in FY25. The company implemented a Zero Liquid Discharge system across manufacturing locations. Waste generation rose to 21,760 metric tonnes, with hazardous waste constituting the majority at 18,409 metric tonnes.

Social and Governance Metrics

The company employed 227 permanent employees and engaged 469 workers (including 204 non-permanent workers) as of the end of FY26. Female representation among permanent employees stood at 11.01%, while female workers comprised 5.12% of the total workforce. The board included one woman director (16.67%), but no women were present in Key Management Personnel roles.

Turnover rates for permanent employees increased to 11.32% in FY26, up from 7.64% in FY25. Permanent worker turnover also rose sharply to 24.75% from 14.62%. The company reported zero fatalities and zero lost-time injuries for employees. Seven recordable work-related injuries were reported for workers, down from nine in the previous year.

What the Numbers Show

A notable divergence exists between capital deployment and related-party exposure. While investments in related parties decreased slightly to 89.64% of total investments from 99.50% in FY25, loans and advances to related parties remained at 100%. This indicates that while equity diversification may be occurring, all debt-like extensions continue to flow exclusively within the promoter group or associated entities.

Additionally, the concentration of purchases from trading houses fell significantly to 15% of total purchases from 57% in FY25. However, the top 10 trading houses now account for 92% of these reduced trading house purchases, up from 80%, suggesting a consolidation of supplier base despite lower overall reliance on traders.