Sreechem resins Limited has appointed Mr. Vivek Jain as Company Secretary cum Compliance Officer, effective January 30, 2026. The appointment was approved by the company's Board of Directors at their meeting held on January 30, 2026, marking a key addition to the company's management team.

Board Meeting Details

The Board of Directors convened on Friday, January 30, 2026, to consider and approve the appointment. The meeting was conducted efficiently within a 30-minute timeframe.

Appointee Profile and Qualifications

Mr. Vivek Jain brings relevant expertise to his new role as Company Secretary cum Compliance Officer. His professional background aligns with the compliance requirements of a listed company.

Mr. Jain is an Associate Member of the Institute of Company Secretaries of India (ICSI) and has experience heading compliance under the Companies Act, 2013, Listing Regulations, and other relevant laws related to the corporate sector. He is not related to any other Director of the Company.

Regulatory Compliance

The appointment was made in strict compliance with regulatory requirements. Sreechem Resins Limited notified BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company provided comprehensive details as required under:

• Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations
• SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Key Responsibilities and Commitments

As Company Secretary cum Compliance Officer, Mr. Jain will be designated as Key Managerial Personnel of the Company. In his consent letter, he confirmed his qualifications and commitment to discharge duties effectively.

His key responsibilities will include:

• Ensuring compliance with Companies Act, 2013
• Adherence to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
• Timely filings with various regulatory authorities
• Maintaining statutory and regulatory compliance for the listed entity

The appointment strengthens Sreechem Resins Limited's corporate governance framework and ensures continued compliance with applicable laws and regulations.

Sreechem Resins Limited , a company operating in the resin industry, has reported a widened net loss for the second quarter of the fiscal year 2026. The company's financial performance shows challenges in revenue generation and profitability.

Financial Highlights

Key Observations

Revenue and Profitability

• Sreechem Resins experienced a significant quarter-on-quarter decrease in revenue from operations, dropping from Rs. 654.22 lakhs in Q1 FY2026 to Rs. 107.80 lakhs in Q2 FY2026.
• The company's net loss expanded to Rs. 66.95 lakhs in Q2 FY2026, compared to a loss of Rs. 13.46 lakhs in the previous quarter.
• For the half-year, the cumulative loss stood at Rs. 133.25 lakhs, a substantial increase from the Rs. 30.25 lakhs loss reported in the corresponding period of the previous fiscal year.

Financial Metrics

• The basic and diluted EPS for Q2 FY2026 was reported at Rs. (1.31), reflecting the impact of the increased losses on shareholder value.
• The company's cash and cash equivalents decreased marginally to Rs. 7.83 lakhs from Rs. 8.17 lakhs, indicating a slight deterioration in liquidity.

Half-Yearly Performance

• For the first half of FY2026, Sreechem Resins reported total income of Rs. 1,517.88 lakhs, down from Rs. 1,708.43 lakhs in the same period last year, representing a year-on-year decline of approximately 11.15%.

Corporate Actions

The Board of Directors of Sreechem Resins Limited approved these unaudited financial results in their meeting held on November 12, 2025. The company has not provided specific comments on the factors contributing to the widened losses or any strategic initiatives to improve performance in the near term.

Market Implications

The reported financial results may raise concerns among investors regarding the company's operational efficiency and market position. The significant quarter-on-quarter revenue decline and expanding losses could potentially impact investor confidence and may lead to increased scrutiny of the company's business model and growth strategies.

As the resin industry continues to face various market pressures, Sreechem Resins' performance in the coming quarters will be crucial in determining its ability to navigate through the current financial headwinds and return to profitability.