Fine Organic Industries Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company’s Board of Directors also sanctioned an increase in investment limit for its wholly-owned subsidiary, Fine Organic Industries (SEZ) Private Limited, by ₹120 crore. This additional capital will support the subsidiary in establishing a new manufacturing unit, increasing the total investment to ₹420 crore.
Board Approves Financial Results and Strategic Investment
Fine Organic Industries Limited disclosed that its Board of Directors, in a meeting held on November 2, 2026, has approved the company’s unaudited standalone and consolidated financial results for the quarter and half-year period ending September 30, 2026. These results have been reviewed by the Audit Committee and are being filed as per SEBI Listing Regulations. A limited review report from the statutory auditors, M/s. CNK & Associates LLP, is also attached.
Expansion of Subsidiary Investment
In a significant strategic move, the Board also approved an increase in the investment limit for Fine Organic Industries (SEZ) Private Limited, a wholly-owned subsidiary. The investment will be enhanced by ₹120 crore, bringing the total potential investment to ₹420 crore. This increment, to be made in one or more tranches via subscription to equity or preference shares, is intended to support the subsidiary in setting up a new manufacturing unit. This expansion aligns with the company’s growth objectives and strengthens its manufacturing capabilities.
Disclosure Details
Further details pertaining to the subsidiary investment, as required by Regulation 30 of the Listing Regulations, are provided in Annexure B. The unaudited financial statements, along with the auditor’s report, have been uploaded to the company’s website at www.fineorganics.com.
Source: BSE
