Chemplast Sanmar Adverse Business Impact
Chemplast Sanmar reported a fire incident causing estimated Plant & Machinery damage of Rs. 5 Crore. The company is currently assessing losses and implementing corrective measures.
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- ₹5.00 Cr
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Chemplast Sanmar reported a fire incident causing estimated Plant & Machinery damage of Rs. 5 Crore. The company is currently assessing losses and implementing corrective measures.
Chemplast Sanmar's EDC plant at Karaikal has recommenced operations following the provisional revocation of the prohibition order. The company is now restoring normalcy.
Chemplast Sanmar Ltd announced the immediate resignation of Non-Executive Non-Independent Director V S Radhakrishnan effective September 15, 2026, citing professional preoccupations.
Mirae Asset Mutual Fund, a non-promoter, disposed of 19,983 Chemplast Sanmar shares in the open market. Its stake fell from 0.25% to 0.24% of total capital.
Chemplast Sanmar received Central Government approval for the appointment of Mr. Ganeshkumar Subramanian as Managing Director for a three-year term effective April 1, 2026.
Chemplast Sanmar Limited issued a formal clarification denying a recent news report claiming that it had entered an agreement to acquire Symed Labs Limited.
Chemplast Sanmar reported Q1 FY27 revenue of INR 1,125 crores, but faced a net loss of INR 176 crores due to high-cost VCM inventory and pricing volatility in PVC.
Chemplast Sanmar held its 42nd Annual General Meeting on August 7, 2026. All five ordinary resolutions presented in the notice were passed with requisite majority.
Chemplast Sanmar Limited successfully concluded its 42nd Annual General Meeting on August 7, 2026. Key business items transacted included approval of financial statements and director appointments.