StockWatch
·
Commodity Chemicals
Board Meeting27 Jul 2026, 07:30 pm

Lords Chloro Alkali Board Approves Q1 Results, ESOP Scheme

AI Summary

Lords Chloro Alkali Ltd's Board of Directors met on July 27, 2026, approving the unaudited financial results for the first quarter ended June 30, 2026. Key decisions included the approval of an Employee Stock Option Scheme (ESOP) for up to 10,00,000 options, subject to member approval. The board also approved changes to managerial remuneration, an increase in borrowing limits to ₹500 Cr, and a change in Registrar and Share Transfer Agent from Alankit Assignment Ltd to Beetal Financial & Computer Services. The 47th Annual General Meeting is scheduled for September 11, 2026.

Key Highlights

  • Approved unaudited Q1 FY27 financial results.
  • Approved Lords Chloro Alkali Employee Stock Option Scheme – 2026.
  • Increased borrowing limit to ₹500 Cr, subject to member approval.
  • Changed Registrar and Share Transfer Agent to Beetal Financial.
  • AGM scheduled for September 11, 2026.