RALLIS INDIA LTD.

Rallis India Ltd announced that its Board of Directors has agreed to relieve Mr. Bhaskar Swaminathan from his services as Chief Financial Officer (CFO) effective November 4, 2026. This change is due to Mr. Swaminathan joining another Tata Company. Concurrently, the Board has appointed Mr. Sridhar Radhakrishnan as the new CFO, also effective November 4, 2026, based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Radhakrishnan brings over 21 years of finance experience within the Tata Group.

Rallis India Ltd announced a significant management change following a Board of Directors meeting. Mr. Bhaskar Swaminathan has been relieved from his services as Chief Financial Officer (CFO) effective November 4, 2026, as he is joining another Tata company. Concurrently, Mr. Sridhar Radhakrishnan has been appointed as the new CFO, also effective November 4, 2026. The appointment follows recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Radhakrishnan brings over 21 years of finance experience across various industries within the Tata Group.

Rallis India Ltd has announced the appointment of S R B C & CO LLP as its new Statutory Auditors. This decision was approved by the Board of Directors via Circular Resolution on July 27, 2026, following a recommendation from the Audit Committee. S R B C & CO LLP will serve for a period of five consecutive years, commencing from the conclusion of the 79th Annual General Meeting (AGM) in 2027 until the conclusion of the 84th AGM in 2032, subject to shareholder approval. The current auditors, B S R & Co. LLP, will continue their duties until the conclusion of the 79th AGM in 2027, completing their second five-year term. S R B C & CO LLP is a chartered accountancy firm registered with ICAI and is part of the S. R. Batliboi & Affiliates network.

Rallis India Limited announced that Ms. Padmini Khare Kaicker and Dr. C.V. Natraj have completed their second consecutive term as Independent Directors. Their tenure concluded on July 21, 2026, and they have ceased to be directors effective July 22, 2026. This change is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided details of this change as per regulatory requirements and made the information available on its website.

SBI Mutual Fund, through its various schemes, has reduced its shareholding in Rallis India Ltd by 0.1081%, selling 2,10,237 shares. This transaction brings their total holding down to 7.1241% of the company's paid-up share capital as of July 17, 2026. The previous disclosure indicated a holding of 9.1667%. The sale was conducted via market transactions.

Rallis India Limited reported a 7% year-on-year revenue growth for the first quarter of FY27, reaching ₹1022 crore compared to ₹957 crore in the previous year. Profit After Tax (PAT) saw a significant increase of 31%, rising to ₹125 crore from ₹95 crore in the corresponding quarter of the previous year. The company attributed this performance to focused execution across businesses, improved profitability, and strategic investments in its product portfolio and capabilities. The Crop Care business grew 7% YoY, driven by the B2C segment, while the Soil & Plant Health segment increased by 10% YoY. The Seeds business reported a 6% YoY growth. The company also launched new products across its business segments.

Rallis India Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on July 20, 2026. The company's business is seasonal and can be impacted by weather and cropping patterns. The statutory auditors provided an unmodified review conclusion.

Rallis India opened FY27 with standalone revenue of ₹1,022 Cr, up 6.8% YoY (₹957 Cr), and reported net profit of ₹125 Cr versus ₹95 Cr a year ago — a headline +31.6%. That growth, however, is almost entirely a one-off. Note 6 discloses a ₹35 Cr reversal of performance-incentive and retiral provisions (from harmonising salary structures), which cut employee benefits expense to ₹52 Cr from ₹67 Cr YoY and flowed straight to the bottom line; a further ₹2 Cr came from an exceptional land-sale gain. Strip both out and adjusted PAT is roughly ₹97 Cr — essentially flat YoY. Reported NPM of 12.2% (vs 9.9%) is the artefact; underlying margin sits near 9.5%. The operating story is cost inflation, exactly as management flagged on the Q4 call. Cost of materials consumed jumped 31% YoY to ₹618 Cr against revenue growth of just 6.8%, confirming the 15-25% raw-material inflation guidance. The segment is a single Agri-Inputs business (₹1,012 Cr of the ₹1,022 Cr revenue), so there is no diversification cushion — and with a below-normal monsoon forecast, the Kharif demand that drives Q1 is the swing factor. The ₹35 Cr provision release, not price/volume, is what held margins up this quarter. Against expectations this reads as a miss. Uniresearch had modelled revenue of ~₹1,170 Cr (+22%) and PAT of ~₹142 Cr (+50%); actuals came in at ₹1,022 Cr and ₹125 Cr, short on both lines, and the revenue print undershoots management's own FY27 'double-digit growth' guide in its first quarter. The sequential swing from Q4's ₹15 Cr loss to ₹125 Cr profit is seasonal (Q1 is the peak Kharif quarter) and should not be read as momentum. The board meeting also came amid a run of senior management and independent-director changes in June; the auditor issued an unmodified limited-review conclusion.

Rallis India Ltd has announced that its Board of Directors will convene on July 20, 2026. The primary agenda for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter ending June 30, 2026. In line with SEBI regulations and the 'Tata Code of Conduct', the trading window for designated persons will be closed from June 24, 2026, to July 22, 2026, inclusive. This information is also available on the company's website.

Rallis India Ltd has received an ESG score of 72.3 for the fiscal year 2025-26 from SES ESG Research Private Limited. The score is based on data for FY 2025-26 and information available in the public domain. This ESG rating has been assigned in accordance with SEBI Listing Regulations. The company is making this information available on its website, www.rallis.com, for stakeholders' information and records.