
Quarterly Result6 Nov 2026, 03:17 pm
Coromandel International Board Approves Unaudited Financial Results
AI Summary
Coromandel International Limited's Board of Directors, in a meeting held on November 6, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The results are available on standalone and consolidated bases and were accompanied by a Limited Review Report from statutory auditors M/s. S R Batliboi & Associates LLP. The Board also approved the re-appointment of Mr. Sudarshan Venu as an Independent Director for a second five-year term, subject to shareholder approval. Additionally, the conversion of a USD 9.70 Million loan into equity for step-down subsidiary Baobab Mining and Chemicals Corporation S A (BMCC) has been completed.
Key Highlights
- Unaudited financial results for Q2 FY27 approved.
- Standalone and consolidated results declared.
- Re-appointment of Mr. Sudarshan Venu as Independent Director approved.
- USD 9.70 Million loan conversion to equity completed.
- Results subject to Limited Review Report by auditors.
Price Impact
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