Khaitan Chemicals and Fertilizers Limited has announced the outcomes of its Board of Directors meeting held on May 14, 2026. The meeting, which concluded in the morning, focused on enhancing the company’s financial flexibility and updating its governance framework. Key resolutions included a significant increase in borrowing limits and the authorization to create security interests on company assets to support future growth.

Specifically, the Board authorized an increase in the company’s borrowing limits under Section 180(1)(c) of the Companies Act, 2013, to an aggregate amount not exceeding INR 800 crores. To secure these borrowings, the Board also approved the creation of charges, mortgages, or hypothecations on both movable and immovable assets of the company. Furthermore, the company initiated the process to alter its Articles of Association by removing provisions related to the Common Seal.

Khaitan Chemicals and Fertilizers Limited is a prominent Indian manufacturer of Single Super Phosphate (SSP) and Sulphuric Acid, also operating in the soya and power generation sectors. In 2025, the company engaged in several corporate updates, including the appointment of Suman Jyoti Khaitan as an Independent Director and the reconstitution of its Stakeholders Relationship Committee. During the same year, the company’s promoter group increased its shareholding to 67.42%.

For the quarter ended December 31, 2025, the company reported a robust financial performance with revenue from operations reaching ₹265.73 Crores. This represented a 33.7% increase compared to the ₹198.76 Crores reported in the corresponding quarter of 2024. Net profit for the period rose by 62.9% to ₹20.44 Crores, up from ₹12.55 Crores in the previous year’s matching quarter. Significant shareholders in the company include Shradha Projects Ltd, which held a 44.71% stake as of September 2025.