20 Microns Limited
Incorporated in 1987, 20 Microns Ltd is in the business of Industrial Micronised Minerals and Speciality Chemicals
What 20 files
- Others46
- Important18
- Investor Meet9
- Board Meeting8
- Updates7
- Dividend/Bonus4
20 Microns acquired 99.99% of M/s Shree Shrest Minerals for Rs 1.50 Cr. This move expands the company's captive mining operations for Quartz and Feldspar, strengthening its strategic sourcing of industrial minerals.
20 Microns' subsidiary incorporated Guizhou Twenty Microns International Trade Co., Ltd. in China, strengthening its international presence. This step-down subsidiary will focus on trading, import-export of minerals and metals. Initial cash subscription is RMB 18,00,000 for a 90% stake.
20 Microns' board approved financial results for the quarter and financial year, reporting annual standalone net profit of ₹60.23 Cr & consolidated net profit of ₹66.67 Cr. A ₹1.25/share final dividend (totaling ₹4.41 Cr) was also proposed, subject to shareholder nod.
20 Microns announced a ₹100 Cr CAPEX over 24 months for capacity expansion & operational upgrades. This strategic investment aims for 18% revenue growth by FY29-30, 200-250 bps EBITDA margin improvement, and 18-20% ROCE, bolstering market leadership.
Company seeks shareholder approval for critical business moves: enabling up to ₹50 Cr in loans/guarantees to related entities, boosting financial flexibility. Also, approval for appointing Ms. Vedika Parikh as Strategy & Transformation Associate (AI + Finance) with an annual remuneration up to ₹0.5 Cr.