Shiv Texchem Limited , a Mumbai-based company, has announced the resignation of its Company Secretary and Compliance Officer, Ms. Dinky Jain. The company disclosed this information in compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Details of the Resignation

Ms. Jain submitted her resignation letter on October 14, 2025, expressing her intention to explore new career opportunities beyond Shiv Texchem Limited. The company's board has acknowledged her decision and will relieve her from her duties at the close of business hours on the same date.

Company's Response

The resignation was formally communicated to the BSE Limited (formerly known as Bombay Stock Exchange) where Shiv Texchem Limited's shares are listed. Mr. Vikas Pavankumar, the Managing Director of Shiv Texchem Limited, signed the official intimation to the stock exchange.

Additional Company Information

Shiv Texchem Limited, with its registered office at 216, 2nd Floor, Kamla Space, Khira Nagar, S. V. Road, Santacruz (W), Mumbai - 400 054, operates under the Corporate Identification Number (CIN) L24110MH2005PLC152341. The company maintains its corporate office at 602/NB/C, 17D Savoy Chamber, Opp. TPS Il V.P. Road, Dattatraya Road, Santacruz(W), Mumbai - 400054.

Recent Clarification on OFAC Sanctions List

On October 13, 2025, just a day before Ms. Jain's resignation, Shiv Texchem Limited issued a clarification regarding its inclusion in the Office of Foreign Assets Control (OFAC) sanctions list. The company stated that it believes its inclusion in the list, published on October 9, 2025, under an Iran-related sanctions program, is erroneous or a case of mistaken identity. Shiv Texchem Limited has emphasized that it has no business, financial, or commercial dealings with Iran or any sanctioned jurisdictions, entities, or persons.

The company is taking steps to address this issue by appointing a U.S.-based attorney to engage with OFAC and pursue delisting under the prescribed procedures. Despite this development, Shiv Texchem Limited has assured stakeholders that its business operations continue as usual across all product lines, with suppliers, customers, and banking partners remaining fully supportive.

As the company navigates these changes, including the resignation of its Company Secretary and the OFAC list issue, investors and stakeholders will likely be watching closely for any further developments or announcements from Shiv Texchem Limited.

Shiv Texchem Limited , a key player in the hydrocarbon-based chemical distribution sector, has recently shared its investor presentation with the Bombay Stock Exchange (BSE), offering insights into the company's performance and future strategies.

Robust Financial Performance

The company has reported impressive financial results, showcasing a strong growth trajectory:

• Revenue CAGR of 37.00% from FY22 to FY25
• EBITDA CAGR of 58.00% during the same period
• PAT CAGR of 51.00% from FY22 to FY25

For the fiscal year 2025, Shiv Texchem achieved:

• Return on Equity (ROE) of 21.00%
• Return on Capital Employed (ROCE) of 14.00%
• Net debt-to-equity ratio of 0.49x

Diverse Product Portfolio and Customer Base

Shiv Texchem has established itself as a crucial link in the chemical supply chain, serving over 750 customers with more than 45 products sourced from 10+ global suppliers. The company's product range includes critical raw materials for industries such as paints and coatings, printing inks, agrochemicals, specialty polymers, pharmaceuticals, and industrial chemicals.

Strategic Infrastructure

The company operates storage and handling facilities at major ports, including Kandla, Mundra, JNPT, Mumbai, and Hazira. This strategic positioning enables efficient handling and reliable supply of chemicals to its diverse customer base.

Future Outlook

Shiv Texchem has outlined ambitious growth plans for the coming years:

The company is focusing on high-margin specialty products and securing orders in key segments to drive future growth.

Transparency and Compliance

In line with regulatory requirements, Shiv Texchem has confirmed that no unpublished price-sensitive information would be shared during the upcoming analyst and institutional investor meeting. This commitment to transparency underscores the company's adherence to market regulations and investor protection norms.

As Shiv Texchem continues to strengthen its position in the chemical distribution sector, investors and market watchers will be keen to observe how the company leverages its strategic advantages to capitalize on the growing demand for hydrocarbon-based chemicals in India's manufacturing landscape.