Privi Speciality Chemicals received a letter (the PSl Letter) from the Industries, Energy, Labour and Mining Department, Government of Maharashtra, pursuant to which the Maharashtra Government has conferred the status of `Ultra Mega Project` to the Company`s proposed expansion project for manufacture of synthetic aroma chemicals used in flavour and fragrance industries at its manufacturing facility at Maharashtra lndustrial Development Corporation, Mahad, Tal. Mahad, Dist. Raigad in Maharashtra under its Package Scheme of Incentive Policy, 2013 (PSI 2013). Subject to compliance with the conditions set out in PSI 2013, the PSI Letter received from the Maharashtra Government and other applicable laws, the Proposed Expansion Project is entitled to the following incentives: (i) electricity duty exemption for a period of 15 years from the date of commencement of production or eligibility certificate. (ii) exemption from payment of stamp duty under the Government Notification Revenue and Forest Department No. Mundrank 2013/UOR-No.19/ CR-235/ M-l dated 18 July 2018; and (iii) industrial promotion subsidy (lPS) equivalent to 75% of eligible investments under PSI 2013 made within a period of seven years from the date of start of the investment, i.e., 01 April 2018, after deducting the exclusions set out in the PSI Letter. Powered by Capital Market - Live News

Privi Speciality Chemicals announced that the 39th Annual General Meeting(AGM) of the company will be held on 1 August 2024.Powered by Capital Market - Live News

The Board of Privi Speciality Chemicals at its meeting held on 02 May 2024 has approved fund raising up to Rs 1,000 crore. Powered by Capital Market - Live News

Net profit of Privi Speciality Chemicals reported to Rs 31.02 crore in the quarter ended March 2024 as against net loss of Rs 13.68 crore during the previous quarter ended March 2023. Sales rose 21.48% to Rs 484.35 crore in the quarter ended March 2024 as against Rs 398.71 crore during the previous quarter ended March 2023.For the full year,net profit rose 327.33% to Rs 94.91 crore in the year ended March 2024 as against Rs 22.21 crore during the previous year ended March 2023. Sales rose 8.98% to Rs 1752.23 crore in the year ended March 2024 as against Rs 1607.82 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales484.35398.71 21 1752.231607.82 9 OPM %18.798.05 -18.5511.56 - PBDT73.5212.63 482 253.32139.53 82 PBT43.96-18.72 LP 129.9131.04 319 NP31.02-13.68 LP 94.9122.21 327 Powered by Capital Market - Live News

Privi Speciality Chemicals announced that the Board of Directors of the Company at its meeting held on 02 May 2024, has recommended a Final dividend of Rs.2 per share (i.e.20%), subject to the approval of the shareholders.Powered by Capital Market - Live News