DMCC Speciality Chemicals Limited has issued a comprehensive postal ballot notice to shareholders on February 11, 2026, seeking approval for significant corporate governance and leadership changes through five special resolutions.

Key Director Appointments and Re-appointments

The company is proposing three critical leadership appointments that will shape its future direction:

Leadership Profiles and Compensation

Ms. Saloni Jhaveri brings over two decades of experience in private equity, mergers and acquisitions, and corporate finance across the United States and India. Currently heading Investor Relations at NIIF, she has successfully executed numerous cross-border transactions and fundraising initiatives. Her educational background includes a Bachelor's and Master's degree in Commerce from Sydenham College and an MBA from The Pennsylvania State University.

Shri Bimal Lalitsingh Goculdas, the proposed Managing Director and CEO, will receive a comprehensive compensation package:

Shri Kuldeep Kumar Tiwari's revised compensation structure includes:

Corporate Governance Amendments

The company is proposing significant constitutional changes to modernize its governance framework:

• Memorandum of Association alterations to expand business objects including electric vehicle battery production, charging station distribution, and renewable energy generation
• New Articles of Association adoption to align with Companies Act, 2013 provisions
• Updates to replace references from Companies Act, 1956 to Companies Act, 2013

E-Voting Process and Timeline

Shareholders can participate in the decision-making process through a comprehensive e-voting system:

The company has engaged MUFG Intime India Private Limited as the Registrar and Transfer Agent for e-voting services, with SKJ & Associates appointed as the scrutinizer. The voting process is exclusively electronic, with no physical postal ballot forms being distributed.

Regulatory Compliance and Documentation

The postal ballot notice complies with Section 110 of the Companies Act, 2013, and SEBI Listing Regulations. All proposed resolutions require special resolution approval, reflecting their significance for the company's strategic direction. The notice is available on the company's website at www.dmcc.com and the RTA's platform at https://instavote.linkintime.co.in .

Shareholders whose email addresses are registered with the company or depositories will receive the notice electronically. The voting rights will be proportionate to shareholding as of the cut-off date of February 6, 2026.

Source: Exclusive content

DMCC Speciality Chemicals Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results and several key corporate governance decisions during their meeting held on February 6, 2026.

Financial Performance Highlights

DMCC Speciality Chemicals delivered strong revenue growth in Q3FY26 across both standalone and consolidated operations, though profitability faced pressure due to elevated commodity prices and margin compression.

Consolidated Performance Overview

For the nine months ended December 31, 2025, the company reported consolidated revenue of ₹403.94 crore compared to ₹306.08 crore in the corresponding period of the previous year, representing growth of 31.97%. Net profit for the nine-month period stood at ₹19.67 crore versus ₹15.06 crore in the previous year, marking an increase of 30.68%.

Standalone Results

Operational Performance and Market Dynamics

During Q3FY26, the company recorded healthy topline growth driven by continuity in the Boron business and improved realisations in the commodity chemicals segment. The operational mix showed domestic revenues contributing 86% while exports accounted for 14% of total sales.

Business Segment Performance

Commodity prices remained elevated during the quarter, particularly sulphur, which is a key raw material. The company successfully passed through price increases to customers, protecting absolute profitability, though higher revenue base from elevated commodity prices led to margin percentage moderation.

Key Board Decisions and Corporate Governance

The Board of Directors approved several significant corporate governance matters during their meeting held on February 6, 2026.

Management Re-appointment

The board also approved remuneration enhancement for Shri Kuldeep Kumar Tiwari, Executive Director (Operations), amendments to Memorandum and Articles of Association, and postal ballot authorization for shareholder approvals.

Strategic Developments and Outlook

A key positive development has been the resumption of Boron operations, which contributed partially during the quarter but has now returned to normal levels. At its present scale, the Boron business has potential to generate annual revenues in the range of ₹125 to ₹150 crore, providing meaningful diversification to the company's portfolio.

The company continues strategic efforts to reduce geographic concentration by gaining traction in Latin American markets, helping mitigate subdued demand in Europe. The solar power project at Roha, along with waste heat recovery and cogeneration facilities at Roha and Dahej, now contribute over 80% of the company's energy requirements, strengthening cost efficiency and environmental performance.