Khaitan Chemicals & Fertilizers , a key player in the chemicals and fertilizers sector, has taken a significant step to enhance its corporate governance structure. The company's Board of Directors has approved the reconstitution of its Stakeholders Relationship Committee, effective November 20, 2025.

Committee Restructuring

The reconstitution of the Stakeholders Relationship Committee aims to strengthen oversight, improve governance, and ensure enhanced compliance standards. A notable change in the committee's composition is the inclusion of an Executive Director, which is expected to bring a more hands-on approach to the committee's functions.

The newly reconstituted committee comprises:

Regulatory Compliance

This restructuring aligns with the compliance requirements set forth by the Securities and Exchange Board of India (SEBI) under the Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company's move demonstrates its commitment to maintaining high standards of corporate governance and transparency.

Implications for Stakeholders

The inclusion of Mr. Praveen Uniyal, a Whole Time Director, in the committee is particularly noteworthy. This addition brings an executive perspective to the committee, potentially facilitating more efficient communication between the board and the company's operational management.

The reconstitution of this critical committee underscores Khaitan Chemicals & Fertilizers' dedication to protecting and enhancing stakeholder interests. It reflects the company's proactive approach to corporate governance, which could positively impact investor confidence and stakeholder relations.

As the chemical and fertilizer industry faces evolving regulatory landscapes and market dynamics, such governance enhancements may prove crucial in navigating challenges and capitalizing on opportunities in the sector.

Khaitan Chemicals & Fertilizers has officially notified the stock exchanges of this development, in line with regulatory requirements. The company's proactive disclosure further reinforces its commitment to transparency in corporate affairs.

Khaitan Chemicals & Fertilizers Limited (KCFL) has reported a significant change in its promoter shareholding. The Majestic Packaging Co Pvt. Ltd., a promoter of KCFL, has increased its stake in the company through an open market transaction.

Key Details of the Transaction

Impact on Shareholding Structure

The acquisition has led to an increase in the aggregate shareholding of the promoter/promoter group in KCFL. Prior to this transaction, The Majestic Packaging Co Pvt. Ltd. held 2,20,79,510 shares, representing 22.76% of the company's total share capital. Post-acquisition, their holding has increased to 2,21,39,510 shares, accounting for 22.82% of the total share capital.

Regulatory Compliance

In compliance with regulatory requirements, KCFL has duly informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this change in promoter shareholding. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Background

Khaitan Chemicals & Fertilizers Limited is listed on both the BSE and NSE. The company's total issued capital stands at Rs. 9,69,89,200, consisting of 9,69,89,200 equity shares of Re. 1 each.

This increase in promoter stake may be seen as a sign of confidence in the company's future prospects. However, investors should conduct their own research and consider various factors before making investment decisions based on this development.