
Coromandel Board Approves Q2 FY27 Results, Reappoints Director
Coromandel International Limited's Board of Directors convened on November 6, 2026, approving the unaudited financial results for the quarter and half-year ended September 30, 2026. The results, along with the Limited Review Report from S R Batliboi & Associates LLP, will be uploaded to the company and stock exchange websites. Additionally, the Board approved the re-appointment of Mr. Sudarshan Venu as an Independent Director for a second five-year term, commencing February 3, 2027, subject to shareholder approval via postal ballot. The company also noted the completion of a USD 9.70 Million loan-to-equity conversion for its step-down subsidiary, Baobab Mining and Chemicals Corporation S A (BMCC).
Key Highlights
- Unaudited financial results for Q2 FY27 approved.
- Mr. Sudarshan Venu re-appointed as Independent Director.
- Second term for Mr. Venu is for five years from Feb 3, 2027.
- USD 9.70 Million loan-to-equity conversion completed for subsidiary.
- Shareholder approval sought for director re-appointment.
Price Impact
More from COROMANDEL