Lords Chloro Alkali Limited Approves Q1 Results, Changes RTA, and Greenlights Employee Stock Option Scheme

Lords Chloro Alkali Limited Approves Q1 Results, Changes RTA, and Greenlights Employee Stock Option Scheme​

Lords Chloro Alkali Limited held its Board of Directors meeting on July 27, 2026, during which it approved the un-audited financial results for the first quarter ended June 30, 2026. The board also ratified several significant corporate decisions, including increasing borrowing limits, changing the Registrar and Share Transfer Agent (RTA), and approving a new Employee Stock Option Scheme.

The company's financial performance for the quarter reflected in the statements includes total income of 10,657.00, derived from revenue from operations at 10,634.64 and other income of 236. Expenses totaled 9,028.49, resulting in a profit before tax of 1,628.51.

A detailed summary of the Q1 financial results is provided below:


The Board also reviewed the results, which were carried out subject to a limited review by Statutory Auditors. The company's operations fall within a single business segment: Chloro alkali sector/production of Caustic Soda.

Key Corporate Approvals and Operational Changes​

During the meeting, several critical operational and governance decisions were made:

• Director Remuneration: The remuneration payment for Mr. Ajay Virmani (Managing Director) and Mr. Madhav Dhir (Whole Time Director), effective from April 1, 2027, was approved, subject to member approval in the ensuing Annual General Meeting (AGM).
• Re-appointment: Mr. Deepak Mathur was re-appointed as Whole Time Director for a further term of three years, effective February 19, 2027, subject to AGM approval.
• Financial Limits: The Board approved an increase in the borrowing limit up to Rs. 500.00 Cr and created/modified a mortgage or charge over movable and immovable properties up to Rs. 500 Cr, both pending member approval at the AGM.
• RTA Change: The company decided on changing its Registrar and Share Transfer Agent (RTA) from M/s Alankit Assignment Ltd to M/s Beetal Financial & Computer Services (P) Limited.

Employee Stock Option Scheme Approved​

The board approved the Lords Chloro Alkali Employee Stock Option Scheme - 2026. The scheme details are as follows:

• Maximum Options: The maximum number of options that may be granted shall not exceed 10,00,000 (Ten Lakh) Options.
• Share Value: These options shall be convertible into a maximum of 10,00,000 Equity Shares, each having a face value of Rs. 10/-.
• Implementation: The scheme will be administered by the Nomination and Remuneration Committee and implemented through the direct route via fresh allotment from the Company.

The meeting concluded with the announcement that the notice for the 47th Annual General Meeting (AGM) would be convened on Friday, September 11, 2026.

LORDSCHLO Stock Price Movement​

Lords Chloro Alkali Limited rallied significantly on Monday, with shares closing at ₹157.86 after gaining 7.35%. The stock saw substantial activity that day, trading across 135,332 shares.