StockWatch
·
Fertilizers
Board Meeting17 Aug 2026, 06:20 pm

SPIC Declares Q1 FY27 Unaudited Financial Results

AI Summary

Southern Petrochemicals Industries Corporation Ltd (SPIC) announced the outcome of its Board Meeting held on August 14, 2026. The board approved the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026. The results were recommended by the Audit Committee and approved by the Board. Limited Review Reports from the Statutory Auditors were also enclosed. Additionally, the company announced the appointment of two Additional Directors, Thiru. P Sankar and Thiru. Sanket Balvantrao Waghe, both IAS officers and nominees of TIDCO, effective August 14, 2026, subject to shareholder approval. Mr. T K Arun was re-appointed as an Independent Director for a second term effective November 11, 2026, also subject to shareholder approval.

Key Highlights

  • SPIC declared unaudited financial results for Q1 FY27.
  • Both standalone and consolidated results were approved.
  • Two new directors appointed, subject to shareholder approval.
  • One independent director re-appointed for a second term.
  • Appointments are effective from August 14 and November 11, 2026.