Hindustan Organic Chemicals
31.90
+0.57(+1.82%)
Market Cap₹214.23 Cr
PE Ratio0.43
IndustryChemicals
Company Performance:
1D+1.82%
1M+19.70%
6M-4.23%
1Y-19.14%
5Y-11.63%
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More news about Hindustan Organic Chemicals
14Mar 26
HOCL Announces Exit Opportunity for HFL Shareholders Following Delisting Process
Hindustan Organic Chemicals Limited has announced newspaper advertisements regarding exit opportunities for residual public shareholders of subsidiary Hindustan Fluorocarbons Limited following its delisting from BSE effective February 6, 2026. The exit window remains open until May 6, 2026, with Capital Square Advisors Private Limited serving as the merchant banker facilitating the process.
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14Mar 26
HOCL Announces Temporary Phenol Plant Shutdown Following BPCL LPG Supply Halt
Hindustan Organic Chemicals Limited has announced the temporary shutdown of its Phenol plant operations from March 14, 2026, afternoon onwards due to complete LPG supply discontinuation by BPCL following a Government of India directive. The company has declared this as a force majeure event while maintaining operations at its Hydrogen Peroxide plant.
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13Feb 26
Hindustan Organic Chemicals Reports Q3 FY26 Results with 94.96% Reduction in Losses
Hindustan Organic Chemicals Limited announced Q3 FY26 results showing significant improvement with net losses reduced by 94.96% to ₹397.01 lakhs compared to ₹7,876.69 lakhs in Q3 FY25. Despite revenue decline of 10.85% in the quarter, nine-month performance showed 9.56% revenue growth and 77.68% reduction in losses, reflecting the company's ongoing restructuring efforts.
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31Dec 25
Hindustan Organic Chemicals Announces Senior Management Change as Marketing Head Retires
Hindustan Organic Chemicals Limited announced the retirement of Shri P H Zubair, Chief General Manager and Head of Marketing Department, effective December 31, 2025. Shri B Balachandran, Chief General Manager, will succeed him as Head of Marketing Department. The company has filed necessary regulatory disclosures under SEBI regulations to inform stakeholders of this planned management transition due to superannuation.
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14Nov 25
HOCL Fined Rs. 6.57 Lakh by BSE for Board Composition Non-Compliance
Hindustan Organic Chemicals Limited (HOCL) has been fined Rs. 6.57 lakh plus GST by the Bombay Stock Exchange for non-compliance with regulations on board composition, quorum, and audit committee for the quarter ended June 30, 2025. HOCL has submitted a waiver application, citing that the non-compliance was due to director appointments being managed by the government. The company has since appointed Independent Directors and a woman director, achieving full compliance. The Board acknowledged the fine and waiver application in its November 13, 2025 meeting. With the appointment of Shri Sangram Kumar Mishra as CMD on October 8, 2025, the Board now meets the minimum strength requirement of six directors.
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09Sept 25
Hindustan Organic Chemicals Announces 10-Day Phenol Plant Shutdown for Maintenance
Hindustan Organic Chemicals Ltd (HOCL) will temporarily shut down its Phenol plant in Kochi, Kerala, for 10 days from September 10 to 19, 2025, for essential maintenance work on the Cumene Plant. The Hydrogen Peroxide Plant will continue normal operations. HOCL has sufficient reserve stock to meet demand, expecting no impact on sales. Operations are set to resume on September 20, 2025. The company has notified the BSE in compliance with SEBI regulations.
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16Aug 25
Hindustan Organic Chemicals Secures Rs 100 Crore Credit Facility from State Bank of India
Hindustan Organic Chemicals Limited (HOCL) has executed a loan agreement with State Bank of India (SBI) for a Rs 100 crore credit facility. The arrangement includes both fund-based and non-fund-based facilities, aimed at meeting working capital requirements and providing bank guarantee facilities. The loan is secured by a first charge on HOCL's current assets. This agreement is expected to enhance HOCL's operational capabilities and financial flexibility.
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13Aug 25
HOCL Reports Q1 Loss, Approves Cost Auditors and Sets AGM Date
Hindustan Organic Chemicals Limited (HOCL) reported a standalone net loss of Rs. 3,556.33 lakhs for Q1 FY2026, compared to a profit of Rs. 39,154.13 lakhs in Q1 FY2025. Revenue from operations decreased by 56.55% to Rs. 5,936.41 lakhs. The company's board made several decisions, including re-appointing cost auditors, appointing secretarial auditors, scheduling the 64th AGM for September 26, 2025, and approving a paid-up capital reduction.
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28Jul 25
Supreme Court Orders HOCL to Pay Rs. 43.50 Cr in 25-Year-Old Rent Dispute
Hindustan Organic Chemicals Limited (HOCL) must pay approximately Rs. 43.50 crores to settle a long-standing rent dispute with its landlord, M/s. Harchandrai & Sons, following a Supreme Court ruling. The court ordered HOCL to pay outstanding rent with 6% simple interest per annum. HOCL plans to seek legal advice from the Department of Legal Affairs through its administrative ministry. The company states this will not impact its operations but will explore further actions. HOCL has disclosed this information to BSE Limited under SEBI regulations.
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28Jul 25
Supreme Court Orders HOCL to Pay Rs. 43.50 Cr in 25-Year-Old Rent Dispute
Hindustan Organic Chemicals Limited (HOCL) has been directed by the Supreme Court of India to settle a 25-year landlord-tenant dispute. The court order requires HOCL to pay disputed rent with 6% simple interest per annum to its former landlord, M/s. Harchandrai & Sons, for office premises in Mumbai. The financial implication is approximately Rs. 43.50 crores. HOCL will seek legal advice from the government and has assured no impact on its operations. The company has informed the BSE as per SEBI regulations.
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24Mar 25
Hindustan Organic Chemicals Receives Rs 1,351.38 Crore Government Dues Waiver
The Indian government has approved a financial relief measure for Hindustan Organic Chemicals Limited (HOCL), waiving outstanding dues of Rs 1,351.38 crore. This amount significantly exceeds HOCL's current total assets of Rs 1,569.40 crore. The waiver is expected to substantially improve HOCL's balance sheet, enhance financial flexibility, boost investor confidence, and allow management to focus on operational improvements and strategic initiatives.
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22Mar 25
Hindustan Organic Chemicals Gets Rs 1,351.38 Crore Government Dues Waiver, Boosting Financial Outlook
The Indian government has approved a waiver of Rs 1,351.38 crores in dues for Hindustan Organic Chemicals Limited (HOCL). This waiver, effective September 30, 2024, includes government loans, interest, preference shares, and associated penalties. The decision is expected to significantly improve HOCL's financial position by reducing its liability burden and potentially transforming its balance sheet structure. This move could lead to an improved debt-to-equity ratio, enhanced financial flexibility, and increased market confidence for the company.
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