Gem Aromatics Ltd

Gem Aromatics Ltd announced its un-audited financial results for the quarter ended June 30, 2026. Standalone revenue from operations grew 8.6% YoY to ₹83.0 Cr, with PAT increasing 11.0% to ₹7.3 Cr. However, consolidated revenue saw a 12.8% YoY increase to ₹98.9 Cr, but consolidated PAT plunged 198.6% YoY to a loss of ₹7.9 Cr. The company cited challenges in the Clove business due to floods in Madagascar impacting raw material prices and sales. Higher operating costs from a new facility and increased depreciation also affected profitability. Gem Aromatics is expanding its international presence with a subsidiary in Brazil and progressing with new product launches in cooling agents and phenol derivatives through its subsidiary Krystal Ingredients.

Gem Aromatics Limited announced the outcome of its Board Meeting held on August 13, 2026. The board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also disclosed a change in its accounting policy for inventory valuation from Weighted Average Cost to FIFO, applied prospectively from April 1, 2026, due to the complexity of its manufacturing processes. The limited review reports from the statutory auditors were also taken on record. The financial results and review reports are available on the company's website and stock exchange websites.

Gem Aromatics Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Consequently, the trading window for the company's securities will be closed from July 1, 2026, until 48 hours after the declaration of these financial results, affecting designated persons and their immediate relatives.

Gem Aromatics Ltd has dispatched letters to shareholders who have not registered their email addresses, providing a weblink to access the Notice of the 29th Annual General Meeting and the Annual Report for the financial year 2025-26. The AGM is scheduled for August 19, 2026, at 11:30 a.m. IST, to be held via Video Conferencing/Other Audio Visual Means. The weblink and exact path to the Annual Report are provided, and shareholders are encouraged to update their email addresses for future communications and to support green initiatives.

Gem Aromatics Ltd has announced its 29th Annual General Meeting (AGM) will be held on Wednesday, August 19, 2026, at 11:30 AM IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting will cover ordinary business including the adoption of audited standalone and consolidated financial statements for the financial year 2025-26, and the re-appointment of directors Mrs. Kaksha Vipul Parekh and Mr. Yash Parekh who are retiring by rotation. Special business includes the appointment of Mr. Dinesh Vasu Thekkepanakkal as a Director. The notice of the AGM has been uploaded to the company's website.

Gem Aromatics Ltd has released its Annual Report for the financial year 2025-26, coinciding with the notice for its 29th Annual General Meeting (AGM). The AGM is scheduled for August 19, 2026, to be held via video conferencing. The report highlights the company's strategic pillars: Resilience, Scaling Capabilities, and Strengthening Core. Key operational achievements include the commissioning of the Dahej facility with an investment of ₹270 Crores and a total production capacity of 10,871 MTPA. The company has also expanded into specialty segments like cooling agents and citral derivatives, with phenol derivatives upcoming. Gem Aromatics reported a market capitalization of ₹721 Crores as of March 31, 2026, and serves 269 clients globally with a total capacity of 16,171 MTPA.

Gem Aromatics Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. Designated persons and their immediate relatives are prohibited from trading during this period. The specific date for the board meeting to approve these financial results will be communicated separately.

Gem Aromatics Ltd's Board of Directors met on June 23, 2026, approving key decisions including the re-appointment of M/s. RANK & Associates as Internal Auditors for FY 2026-27 and the appointment of M/s. N. L. Bhatia & Associates as Secretarial Auditors for a five-year term starting FY 2026-27. The board also approved the incorporation of a Wholly Owned Subsidiary in Brazil, with an initial equity investment of up to ₹2 Crore and a Standby Letter of Credit of up to ₹15 Crore. The meeting commenced at 15:16 and concluded at 15:35.

Gem Aromatics Limited's Board of Directors, in a meeting held on June 23, 2026, approved the re-appointment of M/s. RANK & Associates as Internal Auditor for FY 2026-27. Additionally, M/s. N. L. Bhatia & Associates, Practicing Company Secretaries, were appointed as Secretarial Auditors for a term of five years starting FY 2026-27. The board also approved the incorporation of a Wholly Owned Subsidiary in Brazil. The meeting commenced at 15:16 and concluded at 15:35.

Gem Aromatics Limited's Board of Directors convened on June 23, 2026, approving key strategic and operational decisions. The board reappointed M/s. RANK & Associates as the company's Internal Auditor for the Financial Year 2026-27. Additionally, M/s. N. L. Bhatia & Associates, Practicing Company Secretaries, were appointed as the Secretarial Auditors for a term of five years, commencing FY 2026-27. A significant strategic move was the approval for the incorporation of a Wholly Owned Subsidiary in Brazil. The meeting commenced at 15:16 and concluded at 15:35.