Aether Industries Ltd

Aether Industries Ltd has announced that its Board of Directors will convene on October 30, 2026. The primary agenda items include the consideration and approval of the unaudited standalone and consolidated financial results for the second quarter and the first half year ended September 30, 2026. The meeting will also address other business transactions as per SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Aether Industries Ltd has announced that the proceedings initiated by the Additional Commissioner (AE), CGST & Central Excise Commissionerate, Surat, via a Demand and Show Cause Notice worth ₹4,26,16,311/- (Rupees Four Crores Twenty-six Lakhs Sixteen Thousand Three Hundred Eleven only) plus interest, have been dropped. The notice pertained to disallowing tax credit availed on various expenses made during FY 2020-21 and FY 2021-22, related to the Company's Initial Public Offer (IPO). The Authority, through an order issued on October 1, 2026, considered the availed tax-credit fair and legitimate, confirming no financial implications for Aether Industries.

Aether Industries Ltd has been assigned an ESG rating of Crisil ESG 58 by Crisil ESG Ratings & Analytics Limited, an improvement from its previous rating of Crisil ESG 51. The rating, dated September 28, 2026, categorizes the company's ESG performance as 'Adequate'. Notably, Crisil independently executed this rating based on publicly available information, as Aether Industries did not engage the agency for this purpose. The company has requested this information be taken on record.

Aether Industries Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, in compliance with SEBI regulations. The report, annexed with an Independent Assurance Statement, details the company's corporate identity, registered and corporate addresses, financial year reporting, and listed stock exchanges (NSE and BSE). It also outlines the company's paid-up capital of ₹1,32,67,98,240 and turnover of ₹9,401.69 million. The BRSR covers business activities, products/services, markets served (including 17.88% exports), employee details, and highlights material responsible business conduct issues like climate change and greenhouse gas emissions, with mitigation strategies and financial implications.

Aether Industries Ltd has filed its Annual Report for FY 2025-26, along with the Notice of its 14th Annual General Meeting (AGM), which includes e-voting instructions. The report is being dispatched electronically to shareholders and is also available on the company's website. The annual report details the company's performance, financial statements, business outlook, R&D, ESG initiatives, and corporate governance. The message from the Managing Director highlights profitable growth amidst industry headwinds and outlines future plans, including the development of Site 5 in Panoli into a world-class manufacturing facility. The company also celebrates being recognized as a Great Place to Work® in 2025.

Aether Industries Ltd has announced its 14th Annual General Meeting (AGM) will be held on Friday, September 11, 2026, at 11:00 Hrs IST via Video Conference/Other Audio Visual Means (OAVM). The notice includes details on e-voting, with the cut-off date set for September 5, 2026, and remote e-voting from September 8 to September 10, 2026. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY26, re-appointment of directors Mr. Kamalvijay Ramchandra Tulsian and Ms. Ishita Surendra Manjrekar, ratification of cost auditor remuneration for FY27 at ₹1,20,000 plus taxes, and re-appointment of Mr. Ashwin Jayantilal Desai as Managing Director for five years from October 1, 2026, with a monthly remuneration of ₹12,07,500.

SBI Mutual Fund has disclosed a reduction in its shareholding in Aether Industries Ltd. The fund sold 65,853 shares, representing 0.0496% of the paid-up share capital, on July 30, 2026. This sale brings SBI Mutual Fund's total holding down to 4.7373% from a previous 6.7735%. The transaction was conducted via market sale, with the total value of shares sold amounting to approximately ₹132.71 crore.

Aether Industries Limited and Dow Chemical International Pvt. Ltd. (Dow India) have launched a collaborative research program to develop advanced manufacturing technologies for silicones. This initiative, to be executed at Aether's Surat facilities, aims to foster indigenous technology development and manufacturing in India. The partnership includes a framework for potential commercialization and industrial-scale production, positioning it as a significant step towards meeting India's growing demand for high-performance silicone materials across various sectors like construction, mobility, electronics, healthcare, and personal care.

Aether Industries Limited and Dow Chemical International Pvt. Ltd. (Dow India) have launched a collaborative research program to develop advanced manufacturing technologies for silicones. The program, to be executed at Aether's facilities in Surat, Gujarat, aims to foster indigenous technology development and manufacturing of these high-performance materials. This partnership signifies a significant step in advancing domestic innovation in the silicone sector and establishes a framework for potential long-term commercialization and industrial-scale manufacturing. Both companies anticipate accelerating innovation and creating differentiated silicone solutions for growing market demands in India and globally.

Aether Industries Ltd announced that its Board of Directors, in a meeting held on July 31, 2026, approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The board also approved the re-appointment of Mr. Ashwin Desai as Managing Director and Ms. Purnima Desai, Mr. Rohan Desai, and Dr. Aman Desai as Whole-time Directors for a further period of 5 years, effective October 1, 2026, subject to shareholder approval. Additionally, CA Riddhi Chitaliya was appointed as Internal Auditor and M/s. PAAA & Associates as Cost Auditor for FY 2026-27. The 14th AGM is scheduled for September 11, 2026.