Lords Chloro Alkali Board Approves Q1 Results, ESOP Scheme

Lords Chloro Alkali Ltd's Board of Directors met on July 27, 2026, approving the un-audited financial results for the quarter ended June 30, 2026. The board also approved the payment of remuneration to Managing Director Mr. Ajay Virmani and Whole Time Director Mr. Madhav Dhir, effective April 1, 2027, subject to member approval. Re-appointment and remuneration for Whole Time Director Mr. Deepak Mathur for a 3-year term from February 19, 2027, was also approved. Key decisions included increasing borrowing limits to ₹500 Cr, creating/modifying mortgages up to ₹500 Cr, and approving the Lords Chloro Alkali Employee Stock Option Scheme – 2026, allowing for up to 10,00,000 options. A change in Registrar and Share Transfer Agent from M/s Alankit Assignment Ltd to M/s Beetal Financial & Computer Services(P) Limited was also announced. The 47th Annual General Meeting is scheduled for September 11, 2026.