Lime Chemicals Limited has announced a significant change in its key managerial personnel with the resignation of Chief Financial Officer Amol Vijay Patil and the immediate appointment of Mrs. Rutuja Shinde as his successor. The transition was disclosed to BSE Limited under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

CFO Resignation Details

Mr. Amol Vijay Patil tendered his resignation from his position as Chief Financial Officer and Key Managerial Personnel to pursue another career opportunity. His resignation became effective from the close of business hours on March 06, 2026.

In his resignation letter addressed to the Board of Directors, Patil confirmed that there were no other material reasons for his departure beyond pursuing new career opportunities. He expressed gratitude for the experience gained during his tenure with the company.

New CFO Appointment

Mrs. Rutuja Shinde has been appointed as the new Chief Financial Officer and Key Managerial Personnel, effective March 07, 2026. The appointment ensures seamless continuity in the company's financial leadership with just one day between the transitions.

Professional Background and Qualifications

Mrs. Shinde brings substantial experience to her new role, with more than 25 years of expertise in managing finance, accounts, GST, and other related financial activities. Her four-year tenure with Lime Chemicals provides her with deep institutional knowledge of the company's operations and financial structure.

The company has confirmed that Shinde has no relationships with any Director, Promoter, or Promoter Group of the company, ensuring independence in her role. Additionally, she is not debarred from holding the office of Key Managerial Personnel, meeting all regulatory requirements for the position.

Regulatory Compliance

The management change was formally communicated to BSE Limited with company code 507759, fulfilling all disclosure requirements under SEBI regulations. The notification included detailed annexures providing comprehensive information about both the resignation and appointment, along with the original resignation letter from Mr. Patil.

The transition reflects Lime Chemicals Limited's commitment to maintaining strong financial leadership while supporting career growth opportunities for its executives. With Mrs. Shinde's extensive experience and institutional knowledge, the company is well-positioned to continue its financial operations without disruption.

Lime Chemicals Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing a challenging performance with the company reporting a net loss during the period. The Board of Directors approved these results in their meeting held on February 14, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 showed a significant decline compared to the previous year. The results highlight the operational challenges faced by the calcium carbonate manufacturer during the quarter.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, also reflected similar challenges for Lime Chemicals Limited. The company's performance during this extended period showed a reversal from profitability to losses.

Operational Expenses and Cost Structure

The company's expense structure for Q3FY26 totaled Rs 164.58 lakhs compared to Rs 258.22 lakhs in the corresponding quarter of the previous year. Key expense components included purchase of stock in trade at Rs 114.97 lakhs, employee benefits expenses of Rs 17.75 lakhs, and other expenditures amounting to Rs 27.51 lakhs.

Earnings Per Share and Capital Structure

Lime Chemicals Limited reported a basic and diluted earnings per share of Rs (0.14) for Q3FY26, compared to Rs 0.09 in Q3FY25. The company maintained its paid-up equity share capital at Rs 650.47 lakhs with a face value of Rs 10 per share.

Regulatory Compliance and Business Segment

The company operates primarily in manufacturing and dealing of calcium carbonate, which constitutes its single reportable business segment. The financial results were prepared in accordance with Indian Accounting Standards and were reviewed by the Audit Committee before Board approval. The auditors provided an unmodified opinion on the unaudited standalone financial results for the quarter ended December 31, 2025.