Alkyl Amines Chemicals Limited Approves Q3 Results and Announces Key Director Re-designations

Alkyl Amines Chemicals Limited Approves Q3 Results and Announces Key Director Re-designations

Alkyl Amines Chemicals Limited Approves Q3 Results and Announces Key Director Re-designations​

Alkyl Amines Chemicals Limited announced key changes in its leadership structure and shared the unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the performance figures alongside several significant re-designations of senior executives.

The company’s board meeting on August 4, 2026, reviewed and approved the unaudited financial results, which were accompanied by an Auditor's Limited Review Report. Management also detailed changes to the roles of several directors following the recommendation of internal committees.

Quarterly Financial Performance​

For the quarter ended June 30, 2026, Alkyl Amines Chemicals Limited reported a total revenue of ₹537.31 Crores. The company reported a profit for the period after tax of ₹94.63 Crores.

The financial figures for the respective periods are detailed below:

ParticularsJune 30, 2026 (Unaudited)March 31, 2026 (Audited)June 30, 2025 (Unaudited)
Total Revenue537.31 Crores395.18 Crores413.49 Crores
Profit before Tax124.67 Crores60.78 Crores66.34 Crores
Total Tax Expenses30.04 Crores15.41 Crores16.90 Crores
Profit after Tax94.63 Crores45.37 Crores49.44 Crores

Leadership Changes and Director Re-designations​

The Board approved several re-designations of directors, effective from October 1, 2026, as part of the company's plan for sustained growth and succession planning.

Mr. Yogesh M. Kothari, Chairman and Managing Director, was re-designated as Executive Chairman of the Company under the category of Whole-time Director (Executive Director). This role is effective from October 1, 2026, until March 31, 2030, on the same terms and conditions of appointment.

Mr. Kirat M. Patel was re-designated as the Joint Managing Director of the Company. His tenure in this capacity is set from October 1, 2026, until December 31, 2029. Similarly, Mr. Suneet Y. Kothari was designated as a Joint Managing Director, effective from October 1, 2026, up to the end of his existing term on December 31, 2029.

Furthermore, Mr. Rakesh Goyal was re-designated and appointed as Executive Director - Operations of the Company for a term of five consecutive years, starting April 1, 2027, through March 31, 2032.

Governance and Insider Trading Window​

The Board also approved the payment of Commission to Non-Executive Directors at a rate not exceeding 1% of the net profits of the company for a period of five years starting from the financial year commencing April 1, 2027.

Following the announcement of the unaudited Financial Results for the quarter ended June 30, 2026, the Trading Window for Designated Persons, Immediate Relatives of Designated Persons and Connected Persons will open from August 7, 2026.

The company confirmed that Mr. Yogesh M. Kothari, Mr. Kirat M. Patel, Mr. Suneet Y. Kothari, and Mr. Rakesh Goyal are not debarred from holding the office of Director by any regulatory authority. The board meeting commenced at 12:45 P.M. and concluded at 2:10 P.M.

ALKYLAMINE Stock Price Movement​

Alkyl Amines Chemicals Limited rallies strongly at ₹1980.6 as of 2:42 PM today, fueled by a sharp 8.56% surge in live trading. The gain reflects robust market activity, with the stock having seen 449,551 shares recorded in trade so far.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top