StockWatch
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Fertilizers
Board Meeting31 Jul 2026, 01:41 pm

Zuari Agro Chemicals Board Approves Financial Results, Extends ICD Repayment

AI Summary

Zuari Agro Chemicals Ltd announced the outcome of its Board Meeting held on July 31, 2026. The board approved the standalone and consolidated financial results for the quarter ended June 30, 2026, with a limited review report from statutory auditors M/s. K. P. Rao & Co. Additionally, the company sought and received approval for an extension of six months for the repayment of Inter Corporate Deposits (ICDs) amounting to ₹95 Crore, availed from its related party, Zuari Industries Limited. The board also appointed M/s. SNSK & Associates as the Internal Auditors for the Financial Year 2026-27. The meeting commenced at 11:30 AM IST and concluded at 1:30 PM IST. The company also made the announcement available on its website.

Key Highlights

  • Board approved Q1 FY27 standalone and consolidated financial results.
  • Extension granted for ₹95 Crore ICD repayment from Zuari Industries.
  • SNSK & Associates appointed as Internal Auditors for FY27.
  • Limited Review Report issued by statutory auditors.
  • Financial results for the quarter ended June 30, 2026, declared.