Chembond Chemicals announced that the Board of Directors of the Company at its meeting held on 25 May 2024, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 70%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Chembond Chemicals declined 34.22% to Rs 6.71 crore in the quarter ended March 2024 as against Rs 10.20 crore during the previous quarter ended March 2023. Sales declined 0.16% to Rs 121.83 crore in the quarter ended March 2024 as against Rs 122.03 crore during the previous quarter ended March 2023.For the full year,net profit rose 76.93% to Rs 44.41 crore in the year ended March 2024 as against Rs 25.10 crore during the previous year ended March 2023. Sales rose 4.89% to Rs 461.99 crore in the year ended March 2024 as against Rs 440.44 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales121.83122.03 0 461.99440.44 5 OPM %9.6010.84 -10.687.91 - PBDT12.9314.39 -10 65.4138.45 70 PBT11.3013.08 -14 59.8633.95 76 NP6.7110.20 -34 44.4125.10 77 Powered by Capital Market - Live News

Net profit of Chembond Chemicals rose 63.44% to Rs 13.50 crore in the quarter ended December 2023 as against Rs 8.26 crore during the previous quarter ended December 2022. Sales rose 3.60% to Rs 114.60 crore in the quarter ended December 2023 as against Rs 110.62 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales114.60110.62 4 OPM %12.3610.09 - PBDT17.4012.41 40 PBT16.0211.35 41 NP13.508.26 63 Powered by Capital Market - Live News

Chembond Chemicals will hold a meeting of the Board of Directors of the Company on 25 January 2024.Powered by Capital Market - Live News

The Board of Chembond Chemicals (CCL) at its meeting held on 12 December 2023 has approved a composite scheme of arrangement providing for (i) the demerger of the construction chemicals and water technologies businesses into Chembond Chemical Specialties (CCSL) on a going concern basis; (ii) the amalgamation of Chembond Clean Water Technologies into CCSL; and (iii) the amalgamation of Chembond Material Technologies, Phiroze Sethna, and Gramos Chemicals (India) into CCL. Additionally, upon effectiveness of the composite scheme of arrangement, the corporate name of CCL shall be changed to Chembond Material Technologies, and the corporate name of CCSL to Chembond Chemicals. These actions once effective upon approval by shareholders, creditors, and regulators, will result in two listed entities aligned along business lines.Powered by Capital Market - Live News