Fine Organic Industries Ltd

Fine Organic Industries Ltd has announced the closure of its trading window for dealing in equity shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from October 1, 2026, until the declaration of unaudited financial results for the quarter and half-year ending September 30, 2026, plus 48 hours thereafter. During this period, directors, promoters, designated persons, and their immediate relatives are prohibited from trading the company's shares. The exact date of the board meeting to consider these financial results will be communicated later.

Fine Organic Industries Ltd has filed a disclosure regarding an inter-se transfer of shares among its promoter and promoter group members, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition, which occurred on September 7, 2026, involved no consideration as it was part of the partition of Jayen R Shah HUF. Necessary intimations under Regulations 10(5) and 10(6) were submitted on August 27, 2026, and September 8, 2026, respectively. The company also paid the prescribed fee of ₹1,77,000/- for the Regulation 10(7) disclosure on September 21, 2026.

Fine Organic Industries Limited has invested INR 55 Crores by subscribing to 1% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares (NCCPRPS) in its wholly-owned subsidiary, Fine Organic Industries (SEZ) Private Limited. The subsidiary, incorporated on October 10, 2023, has not yet commenced operations and thus has no turnover history. This investment is intended to support the subsidiary in setting up a manufacturing unit. The transaction is a cash consideration and does not alter the company's shareholding percentage in the subsidiary, which will remain wholly owned. The promoter group has no interest in this transaction, which is conducted at arm's length.

Fine Organic Industries Ltd has successfully acquired an 80% equity stake in Oleofine Organics SDN. BHD. (OFM) for ₹80.16 crores. This acquisition makes OFM a subsidiary of Fine Organic. Additionally, through this acquisition, Fine Organic, along with OFM, now controls more than half the voting power in Fine Organic Industries (Thailand) Co., Ltd. (FOIT), making FOIT also a subsidiary. The acquisition includes 50% from Smoothex Chemicals Private Limited, a related party, and 30% from other shareholders. OFM is engaged in the specialty chemicals business, with a turnover of RM 23,287,742 for the financial year ended January 31, 2026.

Fine Organic Industries Ltd has reported a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning Jayen Shah. Jayen Ramesh Shah acquired 3,06,978 equity shares from Jayen R Shah HUF through an off-market transaction as part of the HUF's partition. This acquisition falls under Regulation 10(1)(a)(ii), exempting it from an open offer due to being an inter se transfer among qualifying persons who are promoters. The transaction occurred on September 7, 2026, with no consideration paid as it was an internal transfer within the promoter group. The filing also details post-transaction shareholding, indicating Jayen Ramesh Shah's increased stake and that of other promoter group members.

Fine Organic Industries Ltd announced the execution of Share Transfer Agreements to acquire an 80% equity stake in Oleofine Organics SDN. BHD. (OFM), a Malaysian specialty chemicals company. The acquisition cost is up to RM 3,42,08,000 (approximately ₹80.28 crores). This strategic move aligns with Fine Organic's growth strategy, as OFM's business falls within the company's main line of operations. The transaction involves acquiring 50% from Smoothex Chemicals Private Limited, a related party, and the remaining 30% from unrelated shareholders. The acquisition is expected to be completed upon fulfillment of conditions precedent and will be conducted on an arm's length basis.

Fine Organic Industries Ltd has filed a disclosure regarding an inter-se transfer of 3,06,978 equity shares among its promoter and promoter group members. The transaction, involving Jayen Ramesh Shah and Jayen R Shah HUF, is scheduled for on or after September 3, 2026. This transfer is an off-market transaction pursuant to the partition of the HUF and is exempt from open offer requirements under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the aggregate holding of the promoter and promoter group remains unchanged. The transfer is compliant with Regulation 10(1)(a)(ii) of the Takeover Regulations.

Fine Organic Industries Ltd has announced a revised timeline for the completion of its acquisition of 80% paid-up capital in Oleofine Organics SDN. BHD. The acquisition, initially expected within three months from May 19, 2026, is now proposed to be completed within the next three months. This extension is attributed to procedural requirements. All other terms and conditions of the deal remain unchanged. The company has already submitted necessary disclosures as per SEBI regulations.

Fine Organic Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations surged by 18.0% year-on-year to ₹694.2 crore, driven by stable overall demand and improved export performance, which accounted for 60% of total revenue. EBITDA saw a significant increase of 42.4% YoY to ₹176.0 crore, with EBITDA margin improving to 25.3%. Profit After Tax (PAT) grew 18.0% YoY to ₹138.1 crore. The company noted elevated raw material prices and increased utility costs due to geopolitical factors. Additionally, the insurance claim for property damage and inventory losses related to the Badlapur plant fire incident was settled for ₹4.35 crore.

Fine Organic Industries Ltd announced that its Board of Directors, in a meeting held on August 07, 2026, has approved the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. The company has also submitted the Limited Review Report from its statutory auditors, M/s. CNK & Associates LLP. The financial results are available on the company's website. The board meeting commenced at 12 noon and concluded at 09:55 PM.