Citichem Share Price Today

Citichem India shareholders approve all resolutions at 34th AGM

All resolutions passed with 100% votes in favour and zero against. Promoters voted 40,06,500 shares, constituting 99.31% of total votes polled. Public non-institutional shareholders cast only 28,000 votes, or 0.69% of total. Total voter turnout was 59.33% of the company's 68,00,000 outstanding shares.

Citichem India net profit falls to ₹1 crore in FY26 amid revenue drop

Net profit fell to ₹1 crore in FY26 from ₹1.2 crore in FY25. Revenue from operations halved to ₹9.4 crore due to lower trading volumes. Contingent liabilities surged to ₹2,207 crore, mostly from GST disputes. No dividend recommended as board seeks to preserve financial resources.

Citichem FY26 profit falls 18.5% to ₹1 crore on lower revenue

Citichem India Limited reported a net profit of ₹1.00 crore for the financial year ended March 31, 2026, a decline of 18.5% compared to the previous year. Revenue from operations fell 49.3% to ₹9.48 crore, while total revenue decreased to ₹15.48 crore. The Board approved the audited standalone financial results on May 30, 2026.

CITICHEM India Limited Responds to BSE Price Movement Inquiry, Confirms Regulatory Compliance

CITICHEM India Limited responded to BSE Limited's price movement inquiry dated April 13, 2026, confirming full compliance with SEBI LODR Regulations. Managing Director Arif Esmail Merchant stated that all required disclosures have been made within stipulated timelines and no undisclosed information exists that could impact the company's stock price or volume behavior.

Citichem India Limited Withdraws Proposed Preferential Issue of Convertible Warrants

Citichem India Limited has withdrawn its proposed preferential issue of convertible warrants due to adverse market conditions and failure to secure BSE approval. The proposal, initially approved by the Board on November 14, 2025, and by shareholders on December 15, 2025, was abandoned citing market volatility and regulatory challenges. The company stated the withdrawal will not materially impact operations and may explore alternative fund-raising options in the future.

Citichem India EGM Successfully Approves Rs 136.3 Crore Warrant Issue

Citichem India Limited completed its Extra-ordinary General Meeting on December 15, 2025, successfully approving the preferential issue of 4.70 million convertible warrants at Rs 29.00 per warrant, raising Rs 136.30 crore. The brief meeting saw participation from 5 shareholders and concluded with all resolutions being passed with requisite majority, paving the way for increased promoter control and strengthened financial position.