Shiv Texchem Ltd has appointed Bigshare Services Private Limited as its Registrar to an Issue and Share Transfer Agent, replacing MUFG Intime India Private Limited. The appointment is effective from June 16, 2026, following the completion of the tenure of the previous agent, which had served the company since its Initial Public Offer in 2024. The change was confirmed based on notifications received from National Securities Depository Limited and Central Depository Services (India) Limited regarding the switch in electronic connectivity.

The Board of Directors selected Bigshare Services Pvt. Ltd. after evaluating technical and financial parameters. MUFG Intime India Private Limited will continue to act as the Registrar and Share Transfer Agent until the data and charge are formally handed over to the new agent. The transition complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders are required to communicate all future investor grievances and service requests to the newly appointed Registrar. The company has provided the contact details for Bigshare Services Private Limited to facilitate this transition.

New Registrar Details

Shiv Texchem reported a 62% increase in net profit for the year ended March 31, 2026, rising to ₹778 crore from ₹481 crore in the previous year. Revenue from operations grew 26% to ₹2,77,606 crore, driven primarily by the purchase of stock-in-trade. The Board of Directors approved the audited standalone and consolidated financial results during a meeting held on May 27, 2026.

The company’s total income for the year stood at ₹2,78,208 crore, up from ₹2,20,480 crore in FY25. Total expenses increased to ₹2,67,524 crore, with finance costs rising to ₹3,497 crore from ₹2,344 crore in the prior year. Earnings per share (EPS) improved to ₹49.61 from ₹30.67 in the previous year.

Financial Performance

The profit before tax for the year ended March 31, 2026, was ₹10,684 crore, compared to ₹6,562 crore in the previous year. For the half-year ended March 31, 2026, the company reported a total comprehensive income of ₹3,486 crore. The statutory auditor, Yatin Kumar Shah, issued an unmodified opinion on the standalone financial statements.

Auditor's Emphasis of Matter

The auditor’s report highlighted an emphasis of matter regarding sanctions imposed by the Office of Foreign Assets Control (OFAC), U.S. Department of the Treasury. Consequently, certain banking transactions and financial arrangements involving U.S.-linked channels were restricted or frozen. The company has appointed U.S.-based legal counsel to engage with OFAC for the removal of its name from the list.

Additionally, the auditor was unable to obtain direct balance confirmations from Citibank regarding fixed deposits and WCDL facilities. Interest income of ₹48,18,432 on fixed deposits and interest expense of ₹10,81,328 on WCDL facilities were recognized on a provisional basis.

Board Appointment

The Board appointed Mrs. Shruti Vyas as an Additional Non-Executive Independent Director, effective May 27, 2026. She is a Chartered Accountant with over two decades of experience across the Banking, Financial, Educational, and Professional services sectors. She commenced her career with industrial training at ABN AMRO Bank during 2002–03. She is presently serving as the Chief Executive Officer of Prime Vision Professional Education, the brand operated by Edmentors Vision Private Limited, and has been a Partner at Vyas & Associates since 2007. The appointment is subject to regularization by shareholders at the ensuing Annual General Meeting.