DMCC Speciality Chemicals has announced a significant change in its renewable energy strategy, terminating its agreement with one Ampyr subsidiary and entering into a new contract with another, alongside plans for a multi-million rupee investment in the sector.

Contract Shift and New Agreement

The company has terminated its Power Purchase Agreement with AMPYR Renewable Energy Resources Twelve B Private Limited, which was originally signed on May 16, 2025. This decision was made mutually, without any penalties or charges, due to a reduction in capacity of some other client.

In a strategic move, DMCC Speciality Chemicals has now entered into a fresh Power Purchase Agreement and Shareholder's Agreement with AMPYR Renewable Energy Resources Twelve A Private Limited on August 11, 2025. This shift in partners within the Ampyr group demonstrates DMCC's commitment to adapting its renewable energy strategy to changing market conditions.

Investment Plans

Alongside the new agreement, DMCC Speciality Chemicals has announced plans to invest 8.30 million rupees in Ampyr Renewable Energy. This investment underscores the company's dedication to expanding its presence in the renewable energy sector.

Shareholding and Investment Details

As part of the new agreement, DMCC will make an initial investment of Rs. 83.34 lakhs to acquire a 1.94% stake in AMPYR Renewable Energy Resources Twelve A Private Limited. The company has stated that any incremental acquisitions will be intimated in due course.

About the New Partner

AMPYR Renewable Energy Resources Twelve A Private Limited is a relatively new player in the green energy sector, focusing on solar power. Incorporated on November 1, 2023, the company is still in its early stages, with operations currently in process. As a result, there is no turnover history available for the past three years.

Regulatory Compliance

This strategic shift has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. DMCC has assured that all necessary approvals for the acquisition will be obtained as and when required.

Market Impact

While the immediate market impact of this move remains to be seen, it represents a clear indication of DMCC Speciality Chemicals' commitment to renewable energy and its willingness to adapt its strategies in this rapidly evolving sector.

The company's decision to switch partners within the Ampyr group, coupled with its investment plans, suggests a careful approach to expanding its renewable energy portfolio while managing potential risks associated with new ventures in the sector.

As the renewable energy landscape continues to develop in India, DMCC's strategic maneuvers may position it favorably to capitalize on the growing demand for clean energy solutions.

DMCC Speciality Chemicals Limited (formerly known as The Dharamsi Morarji Chemical Company Limited) has announced a 25% dividend and reported robust financial results for the first quarter of fiscal year 2026. The company's board of directors made these announcements during a meeting held on August 7, 2025.

Dividend Announcement

The company has set August 22, 2025, as the record date for the payment of a 25% dividend, which translates to Rs 2.50 per equity share with a face value of Rs 10 each. This dividend recommendation is subject to approval at the upcoming Annual General Meeting (AGM) scheduled for September 10, 2025.

Key dates related to the dividend payment include:

• Record Date: August 22, 2025
• E-voting Period: September 7, 2025 (9:00 am) to September 9, 2025 (5:00 pm)
• E-voting Cut-off Date: September 3, 2025

If approved at the AGM, the dividend will be paid within 30 days, subject to tax deduction at source. Shareholders whose names appear in the Register of Members on the record date will be eligible for the dividend.

Q1 FY2026 Financial Highlights

DMCC Speciality Chemicals has reported strong financial results for the quarter ended June 30, 2025:

The company has shown remarkable year-on-year growth across all key financial metrics. Net sales increased by 48.88% to Rs 12,702.32 lakhs, while the total income rose by 48.96% to Rs 12,739.76 lakhs. The profit before tax saw a significant jump of 485.87% to Rs 1,102.66 lakhs, and the net profit surged by 459.47% to Rs 775.31 lakhs. The earnings per share (EPS) also improved substantially from Rs 0.56 to Rs 3.11.

Other Key Developments

Board Reappointment

The board has re-appointed Dr. (Mrs.) Janaki Ashwin Patwardhan as a Non-Executive Independent Director for a second term of five years, from May 21, 2026, to May 20, 2031. This reappointment is subject to shareholder approval at the upcoming AGM.

Consolidated Results

The consolidated financial results closely mirror the standalone figures, indicating strong performance across the group's operations.

Operational Update

The company reported a planned maintenance shutdown at its Roha Plant from April 2 to April 22, 2025.

DMCC Speciality Chemicals Limited continues to demonstrate robust financial health and shareholder value creation through its dividend policy and strong quarterly performance. Investors and stakeholders will be keenly watching the upcoming AGM for the formal approval of these significant announcements.