Shiv Texchem Limited has announced a key leadership appointment, naming Mr. Rakesh Narayan Todkari as the company's new Company Secretary and Compliance Officer. The appointment, effective March 13th, 2026, was formally approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee.

Board Approval and Meeting Details

The Board of Directors meeting that approved the appointment commenced at 06:14 P.M. and concluded at 07:14 P.M. on March 13th, 2026. The decision was based on recommendations made during the Nomination and Remuneration Committee meeting held on February 16th, 2026. The company has disclosed this appointment under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Appointee Profile and Qualifications

Mr. Rakesh Narayan Todkari brings substantial expertise to his new role as a qualified Company Secretary with ACS No. 40766, confirming his membership with the Institute of Company Secretaries. His educational background includes LLB and Bachelor of Commerce degrees, providing a strong foundation for corporate governance responsibilities.

Succession Details

The appointment addresses a vacancy created when Ms. Dinky Jain resigned from the Company Secretary and Compliance Officer position effective October 14th, 2025. This transition ensures continuity in the company's compliance and secretarial functions, maintaining adherence to regulatory requirements and corporate governance standards.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, demonstrating the company's commitment to transparent communication with stakeholders. The appointment ensures the company maintains its compliance framework with a qualified professional overseeing secretarial and regulatory matters.

The company has requested BSE Limited to take note of this appointment, fulfilling its obligation to keep the exchange informed of key management changes. This appointment strengthens Shiv Texchem Limited's corporate governance structure with an experienced professional leading compliance operations.

Shiv Texchem Limited has released its comprehensive investor presentation ahead of the Analyst/Institutional Investor Meeting dated March 11, 2026. The presentation provides detailed insights into the company's business model, financial performance, and strategic positioning in India's chemical supply chain sector.

Business Overview and Market Position

The company has established itself as a significant player in the chemical supply chain, serving 750+ customers with a portfolio of 65+ products across 45+ industries. Shiv Texchem operates as an end-to-end chemical supply chain solution provider, facilitating procurement and import of key chemicals from global manufacturers and suppliers for distribution to domestic clients.

Strong Financial Performance

The presentation highlights robust financial growth across key metrics from FY22 to FY25. The company achieved impressive compound annual growth rates across all major financial parameters.

For FY25, the company reported strong performance indicators with 21% ROCE, 14% ROE, and a Net Debt/Equity ratio of 0.49x, demonstrating healthy financial management and profitability.

Growth Trajectory and Milestones

Since its incorporation in 2005, Shiv Texchem has demonstrated consistent growth, achieving a revenue CAGR of 31% from FY05-FY25. The company's annual revenue crossed ₹1,000 crore milestone, with the product portfolio expanding from 2 products initially to 43 products currently.

Strategic Positioning and Competitive Advantages

The presentation emphasizes Shiv Texchem's role in addressing India's rising import dependence in chemicals, with the sector projected to have a $40-42 billion trade deficit by 2040. The company leverages several competitive advantages including a strong global supplier network, proprietary value-added tools, and comprehensive storage and handling capabilities with total capacity of 50,000-60,000 KLPA.

Key strategic partnerships include leading corporates such as Reliance Industries Ltd, Pidilite Industries Ltd, Berger Paints India Ltd, BASF, and ITC Ltd, among others.

Recent Order Wins

The company has secured significant orders in high-margin specialty segments, strengthening its market position:

Half-Yearly Financial Results

The H1FY26 results show continued growth momentum with total assets reaching ₹1,488.7 crore compared to ₹798.7 crore in FY24. The company maintains a diversified revenue base with balanced contribution across customers and products, reducing concentration risk.

Source: None/Company/INE0YRO01015/82ced78f-b73a-4495-bed8-74b3048641ed.pdf