Vishnu Chemicals Limited has announced a significant addition to its board of directors, appointing Mr. Srivari Chandrasekhar as an Additional Director in the Non-executive Independent category. Following the initial board approval, the company has now formalized the postal ballot process to seek shareholder approval for this strategic appointment.

Board Resolution and Postal Ballot Approval

On December 30, 2025, Vishnu Chemicals' Board of Directors passed a circular resolution approving the postal ballot process for Mr. Chandrasekhar's appointment. The company has established a comprehensive framework for shareholder voting on this important governance matter.

Key Appointment Details

Professional Background

Mr. Chandrasekhar brings extensive experience to Vishnu Chemicals, with over 26 years in chemistry and leadership roles. His distinguished career includes serving as Secretary to Government of India, Department of Science & Technology from December 2021 to July 2023, and Director at CSIR - Indian Institute of Chemical Technology, Hyderabad from July 2015 to November 2021.

Governance and Compliance Framework

The appointment process demonstrates Vishnu Chemicals' commitment to robust corporate governance. The company has confirmed that Mr. Chandrasekhar is not related to any existing Directors or Key Managerial Personnel and is not debarred from holding directorship by any regulatory authority. The postal ballot mechanism ensures transparent shareholder participation in this important governance decision.

E-voting Process

Shareholders will have the opportunity to vote electronically through CDSL's platform, with voting rights determined as of the January 9, 2026 cut-off date. The appointment of experienced scrutinizers ensures the postal ballot process will be conducted fairly and transparently, maintaining the highest standards of corporate governance.

Vishnu Chemicals Limited has reported stellar financial results for the second quarter, showcasing robust growth across key metrics. The specialty chemicals manufacturer achieved a record quarterly revenue and significant improvements in profitability.

Financial Highlights

Key Performance Indicators

• Export Growth: Export revenues surged by 30% quarter-on-quarter, rising from ₹157.00 crores in Q1 to ₹205.00 crores in Q2.
• Balanced Sales Mix: The company maintained a balanced domestic to export sales ratio of 49:51.
• Improved Cash Flow: Operating cash flow increased by 44% year-on-year to ₹91.00 crores in H1.
• Healthy Balance Sheet: The debt-to-equity ratio stands at a comfortable 0.41.

Operational Developments

Vishnu Chemicals has commenced commercial production at its new specialty chemical plant for Strontium Carbonate at the Vizag facility. This strategic move is aimed at import substitution and tapping into global export potential, particularly in the Asia Pacific region, which accounts for over 50% of global Strontium Carbonate demand.

Management Commentary

Krishna Murthy Cherukuri, Chairman & Managing Director, stated, "Vishnu Chemicals delivered a strong performance with healthy growth in revenues, margins, and profits. Achieving a quarterly revenue of ₹400 crores plus is a milestone for our company. Our consistent improvement in profitability and scale reflects the strength of diversification, good demand for our products, and efficient cost management."

Siddartha Cherukuri, Joint Managing Director, added, "Vishnu Chemicals is pleased to report a strong performance in Q2 despite a challenging environment. The company's consistent performance and project execution abilities underscore its strong operational fundamentals and unwavering focus on manufacturing."

Outlook

With its multi-locational manufacturing excellence, focus on R&D, and commitment to sustainability, Vishnu Chemicals is well-positioned to capitalize on the growing demand for specialty chemicals. The company's emphasis on flexible product mix and process innovations continues to drive its market share expansion and operational efficiency.

Investors and stakeholders can look forward to the company's sustained growth trajectory, backed by its strong manufacturing legacy and strategic initiatives in high-value specialty applications.