Coromandel Interntl. Share Price 

24-JUL-2025- Inter alia, approved:- 1. Declaration of Final and Special Dividend and fixation of Record date The Board of Directors have approved a final dividend of Rs. 6/- per Equity share on the face value of Re. 1/- per equity share and additionally a special dividend of Rs. 3/- per equity share on face value of Re. 1/- each The Final and special dividend will be paid on or before, August 23, 2025, but within 30 days from the declaration of Final & Special Dividend in terms of the relevant provisions of the Companies Act, 2013. The Record Date fixed for determining the members eligible to receive the Final & Special Dividend is July 17, 2025. 2. Annual General Meeting Convening of the 63rd Annual General Meeting on July 24, 2025. 4. Appointment of Secretarial Auditor: Appointment of Sridharan & Sridharan Associates, Company Secretaries, as Secretarial Auditors of the Company for a period of five consecutive years commencing from FY 2025-26 till FY 2029-30, subject to approval of the shareholders of the Company at the ensuing Annual General Meeting. Additional information as required under Regulation 30 of Listing Regulations is enclosed as Annexure. 5. Disclosure under Regulation 30 of the Listing Regulations Issuance of corporate guarantee for an amount of up to USD 21 million in favour of one or more banks for availing banking facilities by Baobab Mining & Chemicals Corporation, Senegal. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 for the above is subject to certain further actions and hence will be provided at the appropriate time. Further to our earlier disclosure regarding the Share Purchase Agreement ('SPA') dated 25 September 2024, the Company through its Wholly Owned Subsidiary (WOS), Coromandel Chemicals Limited (CCL), has acquired additional 8.82% equity stake for a cash consideration of Rs.33.29 crores in addition to its existing stake of 45% in its associate Baobab Mining and Chemicals Corporation, S.A. (BMCC). Upon satisfactory completion of the substantive conditions, BMCC ceases to be an associate and is classified as a subsidiary of the Company. 6. Equity Infusion in Coromandel Chemicals Limited (Wholly Owned Subsidiary) The Board of Directors have approved an Equity infusion in Coromandel Chemicals Limited (Wholly Owned Subsidiary) up to Rs. 65 Crores towards exploring joint venture opportunities for gypsum-based building material products as a part of diversification and long-term strategy. 7. Amendments to Memorandum of association of the Company The Board of Directors have inter-alia approved the amendments/insertion to the object clause of the Memorandum of association of the Company, subject to approval of the Shareholders of the Company, to enable the Company to tap emerging business avenues, undertake allied activities and explore adjacent opportunities relating to our business and to rationalise the Object Clause of the MOA. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as an Annexure.