WACKER Shareholders Approve All AGM Resolutions Amid Market Volatility

07 May 2026 CW Team

Wacker Chemie AG shareholders approved all agenda proposals by a large majority at the company’s 20th Annual Shareholders’ Meeting held online, including the decision not to distribute a dividend for the 2025 financial year following losses incurred during the period.

The company said the move aligns with its dividend policy of distributing around 50% of net profit. More than 40.3 million shares, representing 77.31% of the company’s capital stock, were represented during the meeting.

Christian Hartel said the company remains focused on strengthening competitiveness through its “PACE” cost-savings and efficiency programme, launched in October 2025. He described the initiative as the largest efficiency programme in WACKER’s history and said it would help build a stronger economic foundation while supporting long-term growth aligned with the company’s strategic priorities.

Hartel also referred to the company’s revised 2026 outlook announced in mid-April following volatility in energy and commodity markets caused by tensions in the Middle East. WACKER has raised its full-year sales forecast from low single-digit growth to high single-digit growth, driven by its strategy of passing increased raw material and energy costs on to customers.

However, the company maintained its EBITDA guidance in the range of €550 million to €700 million due to ongoing market uncertainties and volatile order intake. Hartel noted that geopolitical tensions and structural challenges facing the chemical industry in Germany and Europe continue to create pressure on the sector.

He further called on policymakers in Berlin and Brussels to create competitive conditions for the chemical industry, highlighting concerns around energy prices, bureaucracy and regulatory burdens. According to Hartel, supportive policy frameworks are critical to ensuring the long-term competitiveness of the European chemical sector.

Real Estate

21 May 2026

White Flower Developers Expands into Goa with Luxury Villas

White Flower Developers (WFD) is entering the Goa real estate market through the acquisition of three villa projects across Assagao, Tivim and Siolim in North Goa.The Assagao project comprises five luxury villas with an estimated value of Rs 600 million and a development area of 2,500 sq m. The Tivim project includes eight villas valued at around Rs 500 million, while Igreha Vaddo, a 150-year-old Portuguese-style heritage villa project in Siolim spread across 1,200 sq m, carries an estimated value of Rs 200 million.The company said the move aligns with its strategy of targeting high-potential ..

Jenika Ventures Launches Real Estate Ki Home Delivery Campaign

Jenika Ventures has launched its radio campaign, ‘Real Estate Ki Home Delivery’, aimed at simplifying the home-buying process by offering personalised property consultation and curated project options directly to customers at home.The campaign seeks to reduce the need for multiple site visits, lengthy travel and repeated property searches by enabling buyers to explore projects, receive expert guidance and evaluate options from home with their families.Jenika Ventures currently operates across New Delhi, Noida, Gurugram, Pune, Kolkata, Bengaluru and Hyderabad. The company said the campaign ..

NCR Luxury Housing Sees Rising NRI Influence

NCR’s luxury housing market is witnessing changing buyer preferences as non-resident Indians (NRIs) and globally exposed homebuyers increasingly influence residential design, amenities and project delivery standards.According to ANAROCK Research, average luxury housing prices in Delhi-NCR increased nearly 72 per cent between 2022 and 2025, rising from around Rs 13,450 per sq ft to over Rs 23,000 per sq ft. Knight Frank India also reported a 19 per cent year-on-year increase in capital values across NCR during 2025, as per industry reports.Developers across Gurugram, Dwarka Expressway and Noi..