StockWatch
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Commodity Chemicals
Board Meeting27 Jul 2026, 07:20 pm

Lords Chloro Alkali Approves Financial Results, ESOP Scheme, and RTA Change

AI Summary

Lords Chloro Alkali Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved the Lords Chloro Alkali Employee Stock Option Scheme – 2026, allowing for up to 10,00,000 options. Key management remuneration changes and re-appointments were approved, subject to member approval. The company is changing its Registrar and Share Transfer Agent from M/s Alankit Assignment Ltd to M/s Beetal Financial & Computer Services(P) Limited. Additionally, the board approved an increase in borrowing limits up to ₹500 Cr and creation/modification of charges on assets up to ₹500 Cr. The 47th Annual General Meeting is scheduled for September 11, 2026.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • Employee Stock Option Scheme 2026 approved with 10 Lakh options.
  • Remuneration adjustments for MD and Whole Time Directors approved.
  • Registrar and Share Transfer Agent to change to Beetal Financial.
  • Borrowing limit increased to ₹500 Cr; AGM on September 11, 2026.