Shree Hari Chemicals Export Limited’s Board of Directors held a meeting on August 25, 2026, to approve the re-appointment of its Chairman & Managing Director and two Whole Time Directors for three-year terms. The board also appointed an additional independent director.

The approvals are subject to shareholder consent. All appointments align with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Appointments

The board considered and approved the following changes to its composition:

Bankesh Chandra Agrawal, 74, brings over 49 years of experience in the yarn and chemical industries. Sarthak Agarwal, 34, has more than 13 years of experience in textile and chemical business. Nihit Agarwal, 32, holds a B.Tech degree and has over 10 years of industry experience.

Shri Ram Gupta, 70, is a Chartered Accountant with 44 years of experience in finance, banking, and taxation. Amrut Urkude, 54, holds a Doctorate in Management Studies and has over 30 years of experience in corporate governance and organizational leadership.

Governance Disclosures

The filing confirms that none of the directors have been debarred from holding office by SEBI or any other authority. Relationships between directors were disclosed as follows:

• Bankesh Chandra Agrawal, Sarthak Agarwal, Nihit Agarwal, and Non-executive Director Vikas Agarwal are related.
• Shri Ram Gupta and Amrut Urkude are not related to promoters or other directors.

The board meeting commenced at 12:15 pm and concluded at 6:00 pm.

Shree Hari Chemicals Export Limited's Board of Directors approved the audited standalone and consolidated financial statements for the year ended March 31, 2026. The results were reviewed by the Audit Committee and received an unmodified opinion from auditors Kailash Chand Jain & Co.

Standalone Financial Performance

On a standalone basis, the company recorded revenue from operations of Rs. 18,450.48 lakhs for FY26, compared to Rs. 14,119.58 lakhs in FY25. Total income stood at Rs. 18,756.27 lakhs. Net profit for the year declined to Rs. 422.22 lakhs from Rs. 512.40 lakhs in the previous year. Total comprehensive income for FY26 was Rs. 421.01 lakhs.

Consolidated Financial Performance

On a consolidated basis, total income for FY26 was Rs. 18,763.84 lakhs (FY25: Rs. 14,206.70 lakhs). Consolidated net profit was Rs. 411.81 lakhs versus Rs. 509.75 lakhs in FY25. Total comprehensive income attributable to owners was Rs. 410.61 lakhs.

Balance Sheet and Cash Flow

The standalone balance sheet as of March 31, 2026, reflects total assets of Rs. 10,242.83 lakhs, up from Rs. 8,662.52 lakhs. Equity share capital stood at Rs. 553.79 lakhs. The standalone cash flow statement shows cash generated from operating activities of Rs. 1,105.64 lakhs, compared to an outflow of Rs. (147.26) lakhs in the prior year. The closing cash balance was Rs. 55.37 lakhs.

Regulatory Disclosures

Pursuant to Regulation 32(1), the company confirmed no deviations in the utilization of proceeds from its Preferential Issue, which raised Rs. 14,74,59,820. Regarding the SEBI Circular on Large Corporates, outstanding qualified borrowings at the end of FY26 were Rs. 28.38 crores, with no incremental borrowing or debt securities issued during the year.