StockWatch
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Commodity Chemicals
Board Meeting27 Jul 2026, 07:00 pm

Lords Chloro Alkali Board Approves Financial Results and ESOP Scheme

AI Summary

Lords Chloro Alkali Ltd announced the outcome of its Board Meeting held on July 27, 2026. The board approved the un-audited financial results for the first quarter ended June 30, 2026, along with a Limited Review Report. Key decisions included the approval of remuneration for Managing Director and Whole Time Directors, re-appointment of a Whole Time Director, and an increase in managerial remuneration limits. The company also approved a change in its Registrar and Share Transfer Agent from M/s Alankit Assignment Ltd to M/s Beetal Financial & Computer Services(P) Limited. Furthermore, the board approved an increase in borrowing limits up to ₹500 Cr and creation/modification of mortgage/charge up to ₹500 Cr. A significant approval was the Lords Chloro Alkali Employee Stock Option Scheme – 2026, allowing for up to 10,00,000 options. The 47th Annual General Meeting is scheduled for September 11, 2026.

Key Highlights

  • Board approved un-audited financial results for Q1 FY27.
  • Remuneration for MD and WTDs approved, subject to member approval.
  • Borrowing limit increased to ₹500 Cr, subject to member approval.
  • Employee Stock Option Scheme (ESOP) 2026 approved.
  • Registrar and Share Transfer Agent changed to M/s Beetal Financial.