COROMANDEL INTERNATIONAL LTD.

Coromandel International Ltd has announced the closure of its trading window for dealing in the company's securities. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ending September 30, 2026. This is a standard regulatory procedure to prevent potential insider trading during periods of sensitive financial information disclosure.

Coromandel International Ltd has received an Order-in-Appeal from the Additional Commissioner (Appeals), Jodhpur, for FY 2019-20. The order confirms a demand of Rs. 71,63,421/- plus a penalty of Rs. 12,66,303/- and applicable interest. The demand is primarily due to alleged excess availment of Input Tax Credit (ITC) stemming from a mismatch between GSTR-3B and GSTR-2A. The company disputes the findings and plans to appeal to the Goods and Services Tax Appellate Tribunal, stating no significant impact on its financials or operations.

Coromandel International Limited has issued a corporate guarantee of USD 15.5 million to Citibank N.A. This guarantee supports a working capital facility of USD 14.09 million for its subsidiary, Baobab Mining & Chemicals Corporation (BMCC) in Senegal. The transaction is considered at arm's length, with Coromandel Chemicals Limited, a wholly-owned subsidiary and part of the promoter group, holding investments in BMCC. The guarantee represents a contingent liability for Coromandel International, applicable if BMCC fails to repay the working capital facility.

Coromandel International Limited has executed an agreement to convert a loan, including accrued interest, amounting to ₹108.07 Crores into equity shares of its wholly-owned subsidiary, Coromandel Chemicals Limited. The conversion is at an issue price of ₹39.95 per equity share. This transaction, approved by the Audit Committee and Board, is considered a related party transaction undertaken on an arm's length basis. The company holds a 100% stake in Coromandel Chemicals Limited.

Coromandel International's subsidiary, Dhaksha Unmanned Systems, has inaugurated a new manufacturing facility in Kancheepuram, Tamil Nadu. This facility aims to bolster India's indigenous drone capabilities across agriculture, defence, and enterprise sectors. It will serve as a collaborative platform for the drone value chain, accelerating integrated drone manufacturing. Dhaksha also launched two new agricultural drone models, DH Agrigator E10 Prime and DH Agrigator E10 Eco, supporting the 'Namo Drone Didi' program and offering affordable solutions for small farmers. The facility will also enhance defence application production and indigenisation efforts.

Coromandel International Ltd has received an Order-in-Appeal from the Joint Commissioner (Appeals), CGST Appeal Commissionerate, Jammu, for FY 2018-19. The order pertains to a tax demand of ₹1,23,51,441/- along with a penalty of ₹12,35,144/- and applicable interest. The demand is primarily based on alleged excess availment of Input Tax Credit (ITC) due to mismatches in GSTR-3B and GSTR-2A filings. The company believes it has a strong case and intends to appeal the order before the GST Appellate Tribunal, Jammu. Coromandel International stated that the order is not expected to have a significant impact on its financials, operations, or other activities.

Coromandel International Limited announced its Q1 FY27 financial results, reporting a 10% increase in total income to ₹7,792 crore on a standalone basis and 15% to ₹8,215 crore on a consolidated basis. However, net profit saw a significant decline of 26% to ₹377 crore (standalone) and ₹382 crore (consolidated). This downturn is attributed to elevated raw material costs stemming from the Middle East crisis, impacting the Fertiliser business, while subsidy rates remained inadequate. The company highlighted progress in key initiatives, including the stabilization of new acid plants and ongoing expansion projects. The Crop Protection business showed strong performance with a 20% revenue growth and 44% EBITDA increase, driven by exports and B2B sales. The retail segment also continued its growth trajectory.

Coromandel International Ltd announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors, following the recommendation of the Audit Committee, approved both standalone and consolidated results. The company also disclosed key corporate actions, including the conversion of a loan of approximately ₹108 Crores into equity shares in its wholly-owned subsidiary, Coromandel Chemicals Limited. Additionally, the Board approved the restructuring of loans amounting to USD 9.70 Million in its step-down subsidiary, Baobab Mining and Chemicals Corporation S A (BMCC), into equity or preference shares.

Coromandel International Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated results. The company also disclosed the conversion of a loan of approximately ₹108 Crores to equity in its wholly-owned subsidiary, Coromandel Chemicals Limited. Additionally, a restructuring of USD 9.70 Million in loans given to step-down subsidiary Baobab Mining and Chemicals Corporation S A (BMCC) into equity or preference shares was approved.

Coromandel International Ltd has announced that its Board of Directors will convene on July 23, 2026. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter ended June 30, 2026. The results will be presented on both a standalone and consolidated basis. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.