Sudarshan Chemical Industries Limited has convened its 75th Annual General Meeting (AGM) for Tuesday, August 18, 2026, at 4:00 p.m. (IST), to be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has also dispatched its Annual Report for FY26 and the AGM notice electronically to registered members, with web-links sent to those without registered email addresses. The dispatch was notified to BSE Limited and National Stock Exchange of India Limited on July 28, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM and Dividend Details

The Board of Directors, at its meeting held on May 25, 2026, recommended a Final Dividend of ₹5.00 per equity share of face value ₹2.00 each (250%) for FY 2025-26, subject to shareholder approval at the 75th AGM. The key dates for the AGM and dividend process are summarised below:

Members whose names appear in the Register of Members as on the record date of August 11, 2026, will be eligible for the dividend if approved at the AGM. The dividend payout is in accordance with the Company's Dividend Distribution Policy, which targets an annual payout in the range of 25% to 40% of standalone Profit After Tax (PAT).

Financial Performance Overview

The financial results for FY26 reflect the impact of the Heubach Group acquisition completed in March 2025, which positioned Sudarshan Chemical as a global leader in color solutions under the "ONE Sudarshan" banner. The following table summarises key financial metrics:

Consolidated revenue surged to ₹9,787 Crores, driven by the first full year of consolidation of the acquired Heubach business. The legacy Sudarshan standalone business saw revenue remain broadly stable, influenced by changes to the go-to-market and distributor model in parts of Europe and Latin America. The acquired business experienced customer destocking during parts of the year, though demand normalisation began from the fourth quarter. RIECO Industries Limited, a subsidiary, also improved performance, reporting revenue of approximately ₹268 Crores compared with ₹228 Crores in FY25, and EBITDA of ₹10 Crores compared with an EBITDA loss of ₹17 Crores in the previous year.

Global Operations and Strategic Highlights

Following the Heubach acquisition, Sudarshan Chemical now operates 19 manufacturing facilities across 11 countries in five continents, serving over 4,000 customers in more than 120 countries with a portfolio of nearly 1,600 products and 63 brands. The company has commenced SAP integration (Project Integra), consolidating four legacy SAP systems into a single unified landscape, and inaugurated a Global Capability Center (GCC) in Pune to streamline operations. On the ESG front, 56% of purchased electricity came from renewable sources, freshwater consumption was reduced by 27.28%, and 71.3% of total waste was diverted away from landfill.

Shareholder Compliance Requirements

Effective April 1, 2024, SEBI mandated that physical shareholders must update their KYC details — including PAN, nomination choice, contact details, mobile number, bank account details, and signature — to receive dividends electronically. Physical holders with unupdated folios will not receive dividends until these details are rectified. Members can update their details by submitting prescribed forms to MUFG Intime India Private Limited or contacting their Depository Participant for dematerialised holdings. The Annual Report and AGM notice were sent electronically on July 27, 2026, to members who have registered their email addresses with the company or its Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited.

Sudarshan Chemical Industries confirmed that its promoter group did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to BSE and NSE, confirms compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter group collectively holds a 8.19% stake in the company, amounting to 64,40,604 shares.

Rajesh Balkrishna Rathi, Chairman and Managing Director, stated that neither the promoter group nor any persons acting in concert created any direct or indirect encumbrance on shares during FY26. The filing provides a detailed breakdown of the shareholding held by the group as of March 31, 2026.

The largest individual shareholder within the promoter group is Rajesh Balkrishna Rathi, holding 40,50,359 shares, which translates to a 5.15% stake. The Sow Rachna Rathi Family Trust holds 12,08,250 shares, accounting for 1.54% of the equity. Other significant holdings include Manan Ajay Rathi with 5,27,900 shares (0.67%) and Balkrishna Rathi Finance Private Limited with 4,62,550 shares (0.59%).

Several members of the promoter group reported nil shareholding as of the specified date. This includes Ajay Balkrishna Rathi, Ajoy Balkrishna Rathi (HUF), Nisha Ajay Rathi, Kusum Balkrishna Rathi, and Balkrishna Jagannath Rathi (HUF). The Shri Balkrishna Rathi Family Trust also reported no shareholding.

The following table details the shareholding pattern of the promoter group: