DMCC Speciality Chemicals logo

DMCC Speciality Chemicals CEO, MD, chairman, board of directors and AGM

NSE: DMCCBSE: 506405Chemicals & PetrochemicalsSmall Cap

Formerly The Dharamsi Morarji Chemical Company
Last close ₹288.95down ₹6.85 (2.32%)BSE ₹289.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹295.80.

52-week range of traded prices to 23 Oct 2026
₹191.35Low, 30 Mar 2026₹374.15High, 6 Oct 2026
Market cap
₹721 Cr1,753rd largest listed
P/E
18.0
P/B
2.9
Dividend yield
0.87%
ROE
16.8%
ROCE
19.5%
Debt to equity
0.35
Volume, NSE
1,45,09835.3% delivered

DMCC Speciality Chemicals board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonLaxmikumar Narottam GoculdasRelated to the promoter
  • Managing director and CEOBimal Lalitsingh Goculdas
  • Company Secretary and Compliance OfficerPallavi Pednekar

8 directors4 independent2 executive2 non-executive

  • Laxmikumar Narottam Goculdas · ChairpersonNon-executive · joined Mar 1992 · reappointed Sep 2024 · 1 listed board · 2 committee seats, 1 as chair
  • Mitika Laxmikumar GoculdasNon-executive · joined Nov 2011 · reappointed Sep 2025 · 1 listed board
  • Mukul Manoharlal TalyIndependent · joined Feb 2018 · reappointed Feb 2023 · 100 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Sanjeev Vishwanath JoshiIndependent · joined Feb 2018 · reappointed Feb 2023 · 100 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Bimal Lalitsingh Goculdas · Managing director and CEOExecutive · joined Apr 2018 · reappointed Apr 2023 · 1 listed board
  • Saloni Shirish JhaveriIndependent · joined Jan 2026 · reappointed Jan 2026 · 5 months as independent · 1 listed board · 1 as independent
  • Haren Devidas ParekhIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Kuldeep Kumar TiwariExecutive · joined May 2024 · reappointed May 2024 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Janaki Ashwin Patwardhan, left 17 Oct 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 15 May 20268 of 8 present4 independent · 97 days in between
    • 6 Feb 20267 of 8 present3 independent · 26 days in between
    • 10 Jan 20267 of 7 present3 independent

  • Audit Committee

    Chair Sanjeev Vishwanath Joshi

    Laxmikumar Narottam Goculdas, Haren Devidas Parekh, Mukul Manoharlal Taly

    • 15 May 20264 of 4 present3 independent · 97 days in between
    • 6 Feb 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Mukul Manoharlal Taly

    Mitika Laxmikumar Goculdas, Sanjeev Vishwanath Joshi

    • 15 May 20263 of 3 present2 independent · 97 days in between
    • 6 Feb 20263 of 3 present2 independent · 26 days in between
    • 10 Jan 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Laxmikumar Narottam Goculdas

    Sanjeev Vishwanath Joshi, Haren Devidas Parekh, Saloni Shirish Jhaveri

    • 6 Feb 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Bimal Lalitsingh Goculdas

    Mitika Laxmikumar Goculdas, Mukul Manoharlal Taly, Kuldeep Kumar Tiwari, Dilip Trimbak Gokhale, Sunil Kumar Goyal

    • 6 Feb 20266 of 6 present1 independent

  • Corporate Social Responsibility Committee

    Chair Mitika Laxmikumar Goculdas

    Mukul Manoharlal Taly, Sanjeev Vishwanath Joshi

    • 15 May 20263 of 3 present2 independent · no day in between

  • Independent Director Committee

    Chair Sanjeev Vishwanath Joshi

    Mukul Manoharlal Taly, Haren Devidas Parekh, Saloni Shirish Jhaveri

    No meeting listed in the filing.

  • Independent Directors Committee

    • 14 May 20264 of 4 present4 independent · 96 days in between

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s Rahul Gautam Divan & AssociatesPeer-review certificate valid to Feb 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

DMCC Speciality Chemicals AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.DMCC Speciality Chemicals dividend history

Annual general meeting, 11 Sep 2026

18,973 shareholders on the register on 4 Sep 2026; present: 10 promoters and 47 others; votes counted by Satish Kumar Jain / SKJ & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  3. To declare a final dividend on equity shares for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  4. To appoint a Director in place of Mr. Kuldeep Tiwari (DIN:10633725), who retires by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  5. Ratification of Cost Auditor’s Remuneration for FY 2026-27
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  6. Approval of payment of commission to the Non-Executive Directors of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  7. Approval for Enhancement of Borrowing Limits
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 52.39% · promoters 96.91% · institutions 0.02% · other public 0.47%

  8. Approval for Creation of mortgage and/or charge on all or any of the movable and/or immovable properties of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 52.38% · promoters 96.91% · institutions 0.02% · other public 0.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 15 Mar 2026, 5 resolutions

18,890 shareholders on the register on 6 Feb 2026; votes counted by Satish Kumar Jain / SKJ & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Ms. Saloni Jhaveri (DIN:02872575) as Women Non-Executive Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.61%

    Turnout: all 52.28% · promoters 96.91% · institutions 0.32% · other public 0.22%

  2. Re-appointment of Shri Bimal Lalitsingh Goculdas (DIN: 00422783) as a Managing Director and Chief Executive Officer for a period of 3 (three) years from April 01, 2026 to March 31, 2029
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.63%

    Turnout: all 51.89% · promoters 96.19% · institutions 0.32% · other public 0.22%

  3. Revision in remuneration of Shri Kuldeep Kumar Tiwari (DIN: 10633725) as a Whole-Time Director designated as “Executive Director (Operations)” of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.61%

    Turnout: all 52.28% · promoters 96.91% · institutions 0.32% · other public 0.22%

  4. To alter of Memorandum of Association.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.64%

    Turnout: all 52.28% · promoters 96.91% · institutions 0.32% · other public 0.22%

  5. To adopt new set of Article of Association
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.64%

    Turnout: all 52.28% · promoters 96.91% · institutions 0.32% · other public 0.22%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 10 Sep 2025, 7 resolutions

22,570 shareholders on the register on 3 Sep 2025; present: 10 promoters and 40 others; votes counted by Satish Kumar Jain / SKJ & Associates.The company's voting result (opens in a new tab)

  1. 1 - To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Board of Directors and the Auditors .MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

  2. 2 - To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

  3. 3 - To declare a final dividend on equity shares for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

  4. 4 - To appoint a Director in place of Ms. Mitika Laxmikumar Goculdas (DIN: 02879174), who retires by rotation, and being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.44%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

  5. 5 - Ratification of remuneration of Cost Auditors for FY 2025–26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.44%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

  6. 6 - Appointment of M/s. SKJ & Associates as Secretarial Auditors from FY 2025–26 to FY 2029–30
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.44%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

  7. 7 - Re-appointment of Dr. (Mrs.) Janaki Ashwin Patwardhan as Non-Executive Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.44%

    Turnout: all 53.85% · promoters 99.68% · institutions 4.47% · other public 0.18%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 4 Sep 2024, 5 resolutions

Present: 10 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Board of Directors and the Auditors thereon. nnMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 53.91% · promoters 100.00% · institutions 0.00% · other public 0.14%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 53.91% · promoters 100.00% · institutions 0.00% · other public 0.14%

  3. To declare a final dividend on equity shares for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 53.91% · promoters 100.00% · institutions 0.00% · other public 0.14%

  4. To appoint a Director in place of Shri Laxmikumar Narottam Goculdas (DIN: 00459347), who retires by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 53.91% · promoters 100.00% · institutions 0.00% · other public 0.14%

  5. Ratification of Cost Auditor’s Remuneration for the Financial Year 2024-2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 53.91% · promoters 100.00% · institutions 0.00% · other public 0.14%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 5 Jul 2024, 5 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Shri Haren Devidas Parekh (DIN: 00004883) as an Independent Director of the Company for a first term of five (5) consecutive years, commencing from May 23, 2024 upto May 22, 2029
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.82%

    Turnout: all 52.29% · promoters 96.91% · institutions 0.00% · other public 0.24%

  2. Appointment of Shri Kuldeep Kumar Tiwari (DIN: 10633725) as a Whole-Time Director designated as “Executive Director (Operations)” of the Company for a period of Three (3) consecutive years with effect from May 24, 2024 till May 23, 2027MoreLess
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.82%

    Turnout: all 52.29% · promoters 96.91% · institutions 0.00% · other public 0.24%

  3. Approval for waiver of excess remuneration by way of commission paid to Non-Executive Directors of the Company for the FY 2022-2023.
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.90%

    Turnout: all 52.29% · promoters 96.91% · institutions 0.00% · other public 0.24%

  4. Approval for waiver of excess managerial remuneration paid to Shri Dilip Trimbak Gokhale (DIN: 06734397), Executive Director of the Company for the FY 2023-2024.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.39%

    Turnout: all 52.29% · promoters 96.91% · institutions 0.00% · other public 0.24%

  5. Approval of payment of commission to the Non-Executive Directors of the Company.
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.39%

    Turnout: all 52.29% · promoters 96.91% · institutions 0.00% · other public 0.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 12 Sep 2023, 5 resolutions

Present: 10 promoters and 45 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 54.07% · promoters 100.00% · institutions 0.00% · other public 0.51%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 54.07% · promoters 100.00% · institutions 0.00% · other public 0.51%

  3. To appoint a Director in place of Ms. Mitika Laxmikumar Goculdas (DIN: 02879174), who retires by rotation, and being eligible, offers herself for re-appointment.n
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 54.07% · promoters 100.00% · institutions 0.00% · other public 0.51%

  4. Ratification of Cost Auditor’s Remuneration for the Financial Year 2023-2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 54.07% · promoters 100.00% · institutions 0.00% · other public 0.51%

  5. Continuation of directorship of Shri Madhu Thakorlal Ankleshwaria (DIN: 02753794), as an Independent Director of the Company.n
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 54.07% · promoters 100.00% · institutions 0.00% · other public 0.51%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Jun 2023, 3 resolutions

The company's voting result (opens in a new tab)

  1. Re-appointment of Shri Bimal Lalitsingh Goculdas (DIN: 00422783) as a ManagingnDirector and Chief Executive Officer for a period of 3 (three) years from April 01, 2023nto March 31, 2026.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.52%

    Turnout: all 51.97% · promoters 96.25% · institutions 0.00% · other public 0.31%

  2. Approval for waiver of excess managerial remuneration paid to Shri Bimal LalitsinghnGoculdas (DIN: 00422783), Managing Director & Chief Executive Officer of thenCompany.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.76%

    Turnout: all 51.97% · promoters 96.25% · institutions 0.00% · other public 0.31%

  3. Approval for waiver of excess managerial remuneration paid to Shri Dilip TrimbaknGokhale (DIN: 06734397), Executive Director of the Company.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.76%

    Turnout: all 51.97% · promoters 96.25% · institutions 0.00% · other public 0.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeAdditional Commissioner Raigarh, Mumbai CBICSince 27 Feb 2023
    Case pending before Additional Commissioner Raigarh, Mumbai CBIC
    At the filing before: 1. Appeal filed on 03.06.2023 against Demand Order of Rs. 5,31,806/- 2. Appeal order received on 09.09.2024 with Demand order 5,31,806/- 3. On 10.12.2024 we have submitted the letter to the department that we will file the appeal before the tribunal once it is open. 4. On 15.06.2026 appeal filed before the appellate TribunalMoreLess
  • Tax disputeJoint Commissioner Raigarh, Mumbai CBICSince 15 Mar 2024
    Case pending before Joint Commissioner Raigarh, Mumbai CBIC
    At the filing before: 1. Appeal filed on 14.09.2024 against Demand Order of Rs. 20,07,450/- 2. Appeal admited by Department on 21.11.2024 3. Notice of Personal hearing received on 07.01.2026 4. Appeal Order received on 29.01.2026 with Demand of Rs 20,07,450/- 5. On 10.04.2026 Intimation given to Department of Filing the appeal before the appellate Tribunal 6. On 29.06.2026 appeal filed before the appellate TribunalMoreLess
  • Tax disputeDeputy Commissioner, Divison 6 Gujarat, GST DepartmentSince 9 Apr 2024
    Case pending before Deputy Commissioner, Divison 6 Gujarat, GST Department
    At the filing before: 1. Appeal filed on 01.05.2024 against Demand order of Rs.38,18,687/- 2. Appeal admited by Department on 17.03.2025 3. Notice of Personal Hearing received on 09.12.2025 but we have taken the adjourment of 4 weeks so the second date of personal hearing received on 07.01.2026 4. Attended the Appeal hearing and submitted the reply along with required documents on 29.01.2026 5. Appeal Order AwaitedMoreLess
  • Tax disputeAdditional Commissioner Raigarh, Mumbai CBICSince 10 Mar 2026
    Case pending before Additional Commissioner Raigarh, Mumbai CBIC
    At the filing before: 1. Appeal Filed by the Department against Order in Original for Demand of Rs 1,05,98,933/- 2. Notice of Personal Hearing received on 10.03.2026 3. Attended the Appeal Hearing on 12.03.2026 explanation given but response awaited from the department. 4. Appeal Order Received on 19.05.2026 against Demand order of Rs 1,05,98,933/- 5. On 23.07.2026 appeal filed before the appellate TribunalMoreLess
  • Tax disputeSuperintendent Range II Division III CGST & C. EX. RaigadSince 11 Jun 2026
    Case pending before Superintendent Range II Division III for Adjudication.
    At the filing before: 1. ASMT 10 notice for FY 2022-23, received on 11.06.2026, concerning a demand of Rs. 56,86,077/-. 2. Reply Submitted against the Notice on 07.07.2026 3. Voluntarily met with the Inspector on July 8, 2026, to provide clarification on the points raised. During the meeting, the officer requested the submission of additional documents on or before July 31, 2026. 4. Submission of additional documents is in process.MoreLess
  • Tax disputeSuperintendent Anti-Evasion, Gr.-II CGST & C. EX. RaigadSince 15 Jun 2026
    Case pending before Superintendent Range II Division III for Adjudication.
    At the filing before: 1. GST investigation Notice received on 15.06.2026, concerning a demand of Rs. 81,62,098/- 2. Reply Submitted against the Notice on 24.06.2026 3. Attended the Personal Hearing on 08.07.2026 explanation provided against the points raised 4. Additional Documents submission done on 14.07.2026 5. File is being transferred to Superintendent Range II Division III CGST & C. EX. Raigad, the respective jurisdictional officer with lesser liability. The exact quantum is unknown at this time.MoreLess
  • Tax disputeDepartment of Customs, Alibaugh/MumbaiSince 7 Feb 2018
    Pending at CESTAT for Adjudication
    At the filing before: The Company had received Differential Duty demand of Rs. 14.33 crores (on Import of crude/un-refined Sulphur during the period 2004-2005 to 2008-2009, provisionally assessed then), at concessional rate of Basic Customs Duty in term of Entry at Sr. No. 60 of Notification No. 21/2002- Cus dated March 01, 2002 which granted concessional rate of basic customs duty on the import of “Crude or unrefined Sulphur” falling under Chapter Sub-heading No. 2503 00 of Customs Tariff). The Company had filed an Appeal before CESTAT being Appeal No. C/89904/2018 – DB dated January 02, 2019 (against the Order dated February 07, 2018 of the Commissioner (Appeals), Mumbai) and deposited an amount of Rs.1.43 crores (being the 10% of the alleged demand of differential duty of ` 14.33 crores), as a condition precedent for the Appeal before the CESTAT. The Appeal is pending at CESTAT, Mumbai, and will come up for hearing in course of time. Based on the legal advice the Company is confident to successfully succeed in the appeal.MoreLess
  • Tax disputeDepartment of Customs, Alibaugh/MumbaiSince 7 Feb 2018
    Pending at CESTAT for Adjudication
    At the filing before: The Company had imported Rock Phosphate (for the manufacture of Fertilizer viz. Single Superphosphate) and the Bill of Entry for the consignments of Rock Phosphate imported during the period 2005-2006 to 2007-2008, were provisionally assessed and goods were allowed to be cleared with “Nil” Special additional Duty (SAD for short) falling under Chapter heading, Sub-heading or tariff item “31 or any other chapter” of the first Schedule of Customs Tariff. Subsequently, the Department raised an alleged demand of ` 1.21 crores on account of the enhancement of declared value (Invoice value on which duty was assessed provisionally) and denial of “Nil” (SAD) under Notification- 20/2006-Cus dated March 01, 2006 on the alleged ground that the Company had allegedly failed to submit the relevant documents which could prove that the imported Rock Phosphate was used for the manufacturing of “fertilizer”. The Company had filed an Appeal before CESTAT being Appeal No. C/89910/2018 – DB dated January 02, 2019 (against the Order dated February 07, 2018 of the Commissioner (Appeals), Mumbai.)and deposited an amount of Rs. 12.16 lakhs being the 10% of the alleged demand of Rs. 1.21 crores. The Appeal is pending at CESTAT, Mumbai and will come up for hearing in course of time. Based on the legal advice the Company is confident to successfully succeed in the appeal.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.