Pratiksha Chemicals Approves Q2 Results, Appoints Two New Directors

2 min read     Updated on 05 Nov 2025, 05:23 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

Pratiksha Chemicals Limited announced its Q2 FY2026 results, reporting a significant profit increase to ₹659.73 lakh, up from a loss of ₹11.60 lakh in Q2 FY2025. The profit surge is attributed to extraordinary items, including a ₹543.00 lakh gain from land sale and a ₹150.00 lakh inventory impairment reversal. The company also appointed two new directors: Sumit Harjibhai Gol as Additional Executive Director and Kalpesh Kamani as Additional Non-Executive Director, effective November 5, 2025, subject to shareholder approval.

23889193

*this image is generated using AI for illustrative purposes only.

Pratiksha Chemicals Limited , a manufacturer of chemicals and pigments, has announced significant developments following its board meeting held on November 5, 2025. The company approved its unaudited financial results for the quarter and half-year ended September 30, 2025, and made key appointments to its board of directors.

Financial Performance

The company's financial results for the quarter ended September 30, 2025, reveal the following key figures:

Particulars (in ₹ Lakh) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations 217.75 165.52 334.66 391.05
Total Income 217.75 165.53 334.66 391.36
Total Expenses 294.81 177.46 630.38 399.23
Profit/(Loss) Before Tax 652.01 (11.93) 440.85 (7.87)
Profit/(Loss) After Tax 659.73 (11.60) 448.57 (11.43)

The company reported a significant increase in profit for Q2 FY2026 compared to the same period last year. This substantial rise in profit appears to be primarily due to extraordinary items, including a profit of ₹543.00 lakh from the sale of land and a reversal of impairment provision on inventory of ₹150.00 lakh.

Board Appointments

The board of directors approved the appointment of two additional directors:

  1. Mr. Sumit Harjibhai Gol (DIN: 11367027) has been appointed as an Additional Executive Director. Mr. Gol brings over a decade of experience in business operations and management. He holds a Bachelor's degree in Computer Applications (BCA) and is skilled in strategic planning, client relations, and process optimization.

  2. Mr. Kalpesh Kamani (DIN: 11366816) has been appointed as an Additional Non-Executive Director. Mr. Kamani is an accomplished IT professional with a Master's degree in Computer Applications (MCA) and over 7 years of experience in software development. He is known for his strong leadership, technical expertise, and strategic vision.

Both appointments are effective from November 5, 2025, and are subject to shareholder approval at the next General Meeting. The company has affirmed that neither Mr. Gol nor Mr. Kamani is debarred from holding the office of director by virtue of any SEBI order or other such authority.

These appointments appear to be part of Pratiksha Chemicals' strategy to strengthen its board with professionals having diverse expertise in technology and business operations.

The board meeting, which commenced at 4:30 PM and concluded at 4:50 PM, also approved the unaudited financial results along with the Statement of Assets & Liabilities, Cash Flow Statement, and Limited Review Report issued by the Statutory Auditor of the Company for the quarter and half-year ended September 30, 2025.

Investors and stakeholders should note that these financial results are subject to limited review by the company's statutory auditors.

Historical Stock Returns for Pratiksha Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%-0.66%+2.36%+4.17%-10.56%+173.35%
Pratiksha Chemicals
View in Depthredirect
like16
dislike

Pratiksha Chemicals Bolsters Leadership with New Independent Director and Secretarial Auditors

1 min read     Updated on 18 Sept 2025, 05:23 PM
scanx
Reviewed by
Suketu GalaScanX News Team
Overview

Pratiksha Chemicals announced key changes at its 34th AGM. Mr. Halubhai Vaghjibhai Rabari was appointed as Non-Executive Independent Director for a five-year term. The company also engaged M/s. A. Shah & Associates as Secretarial Auditors for FY 2025-26 to FY 2029-30. The AGM adopted financial statements for the year ended March 31, 2025, and reappointed Ms. Monika Jayeshbhai Chauhan as a Director.

19741995

*this image is generated using AI for illustrative purposes only.

Pratiksha Chemicals has announced significant changes to its leadership and compliance team, as approved at its 34th Annual General Meeting (AGM) held on September 18, 2025. The company has appointed a new Non-Executive Independent Director and a new firm of Secretarial Auditors, reinforcing its commitment to corporate governance and strategic growth.

New Independent Director Appointment

Mr. Halubhai Vaghjibhai Rabari has been appointed as a Non-Executive Independent Director for a five-year term, effective from the conclusion of the 34th AGM. Rabari brings a wealth of experience in marketing, with a particular focus on brand strategy, digital outreach, and market development across various sectors including FMCG, technology, and retail.

Key points about Mr. Rabari's appointment:

  • Tenure: Five years from the conclusion of the 34th AGM
  • Expertise: Marketing professional with a strong interest in brand strategy and digital outreach
  • Focus: Aligning marketing initiatives with broader business goals and sustainable growth
  • Approach: Known for thoughtful strategies, collaborative mindset, and data-driven insights

The company has affirmed that Mr. Rabari is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

New Secretarial Auditors

In another significant move, Pratiksha Chemicals has appointed M/s. A. Shah & Associates as its Secretarial Auditors for a five-year term, spanning from FY 2025-26 to FY 2029-30.

About A. Shah & Associates:

  • Established: Over two decades ago
  • Specialization: Comprehensive corporate legal and secretarial solutions
  • Expertise: Complex corporate matters including mergers, demergers, restructuring, and regulatory compliances
  • Client Base: Serves a range of corporates from closely held private companies to listed public entities across various industries

AGM Highlights

The 34th AGM of Pratiksha Chemicals, held via video conference, also addressed other important matters:

  1. Adoption of audited financial statements for the year ended March 31, 2025
  2. Reappointment of Ms. Monika Jayeshbhai Chauhan (DIN: 08329798) as a Director, who was retiring by rotation

The meeting, chaired by Mr. Jayesh Patel, Director and CFO of the company, commenced at 4:00 PM and concluded at 4:22 PM.

These appointments and decisions reflect Pratiksha Chemicals' commitment to strengthening its corporate structure and ensuring compliance with regulatory requirements. The addition of Mr. Rabari to the board and the engagement of A. Shah & Associates as Secretarial Auditors are expected to contribute to the company's governance practices and strategic direction in the coming years.

Historical Stock Returns for Pratiksha Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%-0.66%+2.36%+4.17%-10.56%+173.35%
Pratiksha Chemicals
View in Depthredirect
like18
dislike
More News on Pratiksha Chemicals
Explore Other Articles
19.49
+0.53
(+2.80%)