Latest news about Polychem
Polychem
1,904.00
-15.90(-0.83%)
Company Performance:
View Company Insights1D-0.83%
1M-6.21%
6M-10.40%
1Y-4.66%
5Y+254.96%
More news about Polychem
20Mar 26
Polychem Limited Shareholders Approve Re-appointment of Managing Director Through Postal Ballot
Polychem Limited shareholders have approved the re-appointment of Mr. Parthiv T. Kilachand as Managing Director for 3 years through postal ballot. The remote e-voting process concluded on March 18, 2026, with 99.99% of valid votes (141,818 out of 141,819 shares) supporting the resolution. The company conducted the postal ballot in compliance with Companies Act, 2013 and SEBI regulations, with Ragini Chokshi & Co. serving as scrutinizer.
16Feb 26
Polychem Limited Issues Postal Ballot Notice for Managing Director Re-appointment
Polychem Limited has issued a postal ballot notice seeking shareholder approval for re-appointing Mr. Parthiv T. Kilachand as Managing Director for three years from April 1, 2026. The remote e-voting process will run from February 17 to March 18, 2026, with NSDL providing the electronic voting platform and Ms. Ragini Chokshi serving as scrutinizer.
12Nov 25
Polychem Limited Reports Robust Financial Performance for Q2 and H1 FY2026
Polychem Limited announced its financial results for H1 FY2026, ending September 30, 2025. Standalone total income reached Rs. 1,099.03 lakhs with a net profit of Rs. 336.76 lakhs. Total assets stood at Rs. 3,797.90 lakhs. The subsidiary, Gujarat Poly Electronics Limited, reported H1 FY2026 revenue of Rs. 1,191.63 lakhs. The board approved these results on November 12, 2025, with statutory auditors providing limited review reports.
18Oct 25
Gujarat Poly Electronics Seals Rs 29 Crore Property Deal with Tirex Transmission
Gujarat Poly Electronics Limited (GPEL), a material subsidiary of Polychem Limited, has agreed to sell its leasehold rights and factory building to Tirex Transmission Private Limited for Rs 29 crore. The property, located in Gandhinagar Electronic Estate, spans 12,022.40 square metres. The sale, representing 163% of GPEL's last fiscal year turnover, has received shareholder approval and provisional transfer order from GIDC. GPEL plans to relocate operations, stating the move won't affect turnover. The transaction complies with SEBI LODR Regulations and is conducted at arm's length.
07Aug 25
Renol Polychem Makes Modest Debut on NSE SME Platform
Renol Polychem, a manufacturer of color masterbatches and industrial chemicals, listed on NSE's SME platform with a 3% grey market premium. The IPO was oversubscribed 6.83 times, raising Rs 25.77 crore at Rs 105 per share. The company's recent financials show significant growth, with revenue up 859% to Rs 62.56 crore and net profit up 226% to Rs 5 crore. IPO proceeds will fund machinery purchases, working capital, and debt repayment. Post-listing market cap stands at Rs 83.41 crore.
06Aug 25
Polychem Limited Reports Strong Q1 FY2026 Results with 118% Surge in Consolidated Net Profit
Polychem Limited announced robust financial results for Q1 FY2026. Consolidated net sales reached ₹1,293.68 crore, up from ₹1,030.87 crore in the previous quarter. Total income stood at ₹1,357.24 crore. The company's consolidated net profit surged by 118% to ₹118.38 crore. On a standalone basis, net sales were ₹619.95 crore, with a net profit after tax of ₹58.20 crore and EPS of ₹14.40. The company operates in property development, specialty chemicals, and capacitor manufacturing segments. The results were approved by the Board of Directors and reviewed by statutory auditors.
29Jul 25
Polychem's Subsidiary to Sell Land and Factory for Rs 29 Crore, Seeks Shareholder Approval
Polychem Limited's board has approved the sale of property owned by its subsidiary, Gujarat Poly Electronics Limited (GPEL), to Tirex Transmission Private Limited for Rs 29 crore. The sale includes leasehold rights to a 12,022.40 square meter plot and ownership of a factory building in Gandhinagar Electronic Estate. GPEL plans to relocate operations to maintain revenue. The transaction requires shareholder approval at an EGM scheduled for September 1, 2025, and statutory approvals from GIDC. Polychem also addressed a BSE fine for alleged non-compliance with NRC composition requirements.
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