Kanoria Chemicals Approves FY26 Results, Re-appoints Independent Director
Kanoria Chemicals & Industries Limited approved audited standalone and consolidated financial results for FY26 ended March 31, 2026. The Board recommended no dividend for FY26. Smt. Suhana Murshed's re-appointment as Independent Director for a second five-year term from June 29, 2026, was approved, pending shareholder consent.
The re-appointment of an Independent Director for a significant term and the approval of annual financial results are material events for the company.
The announcement reports routine financial results and re-appointments, with no significant positive or negative developments.
Kanoria Chemicals & Industries Limited announced the outcome of its Board Meeting held on May 25, 2026. The Board considered and approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026, along with the Auditors' Report, which contained an unmodified opinion.
The Board recommended no dividend for the Financial Year 2025-26. Additionally, Smt. Suhana Murshed was recommended for re-appointment as an Independent Director for a second term of five years, effective from June 29, 2026, subject to shareholder approval. Smt. Murshed is a corporate lawyer with over 18 years of experience, specializing in mergers and acquisitions, private equity investments, and strategic alliances.
Furthermore, M/s. Pawan Gupta & Co. was re-appointed as the Internal Auditor, and M/s. N.D. Birla & Co. was re-appointed as the Cost Auditor for the Financial Year 2026-27, as recommended by the Audit Committee. The Board Meeting commenced at 11:45 a.m. and concluded at 3:35 p.m.
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