India Gelatine & Chemicals Limited has recently announced significant changes in its leadership team, as approved by the company's Board of Directors.

Leadership Transitions

The company has disclosed the following key management changes:

*Subject to shareholder approval

Resignation Details

Mr. Abhay Kumar Jha has tendered his resignation from the position of Whole Time Director, citing personal reasons. His tenure with the company will conclude at the close of business hours on November 30, 2025.

New Appointment

The Board has appointed Mr. P. Velmurugan as an Additional Director in an executive capacity, effective December 1, 2025. Additionally, Mr. Velmurugan has been designated as a Whole Time Director for a period of five years, subject to shareholder approval through a postal ballot.

Professional Background of New Appointee

Mr. P. Velmurugan brings a wealth of experience to his new role:

• Experience: 27 years in pharmaceutical and specialty chemicals industries
• Expertise: Operations, project management, technology transfer, and regulatory compliance
• Previous Roles: Senior leadership positions in reputed companies including Venkata Narayana Active Ingredients, Aurobindo Pharma, and Advent Internationals Pharma Platform

Corporate Governance Actions

In light of these leadership changes, the company has also undertaken the following actions:

1. Restructuring of board committees
2. Initiation of a postal ballot process for shareholder approval of Mr. Velmurugan's appointment

These management changes reflect India Gelatine & Chemicals Limited's commitment to strategic leadership and corporate governance. The impact of these transitions on the company's future direction and performance in the specialty chemicals sector remains to be seen.

India Gelatine & Chemicals Limited (IGCL) has reported robust financial results for the second quarter of fiscal year 2025-26, along with ambitious expansion plans to boost its production capacity.

Financial Performance

For the quarter ended September 30, 2025, IGCL posted impressive growth in both revenue and profitability:

The company's performance shows a significant improvement compared to the same quarter last year, with profit more than doubling year-over-year.

Half-Year Performance

For the half-year ended September 30, 2025, IGCL reported:

Despite a slight decrease in total income, the company managed to significantly increase its profitability for the half-year period.

Expansion Plans

IGCL's Board of Directors has approved an expansion project. The key details of the expansion are:

• Current production capacity: 2,000 MT
• Proposed capacity addition: 700 MT
• Total capacity post-expansion: 2,700 MT
• Estimated investment: Rs. 80 crore
• Implementation period: Approximately 1.5 years
• Funding: Combination of internal accruals and borrowings

The expansion aims to enhance the company's Gelatine production capacity by 35%, from 2,000 MT to 2,700 MT.

Management Commentary

Vinay Kumar Jha, Executive Director of India Gelatine & Chemicals Limited, stated, "We are pleased with our performance this quarter, which reflects the strength of our business model and the growing demand for our products. The approved expansion project underscores our commitment to growth and our confidence in the future of the Gelatine market."

Outlook

With its strong financial performance and strategic expansion plans, India Gelatine & Chemicals Limited appears well-positioned for future growth. The company's focus on increasing production capacity aligns with its goal of capitalizing on market opportunities and enhancing shareholder value.