Amines & Plasticizers Ltd

Amines & Plasticizers Limited — Trading Window closed for Designated Persons and their Immediate Relatives from October 01, 2026 till 48 hours after the conclusion of the Board Meeting for the approval of Unaudited Standalone & Consolidated Financial Results for the Quarter and Half Year ending September 30, 2026.

AGM Details

• AGM held on 23 September 2026 via VC/OAVM.
• Meeting duration 4:00 PM to 4:37 PM IST.
• Record date for voting eligibility was 16 September 2026.
• Remote e-voting period was 20–22 September 2026.

Key Resolutions and Outcomes

• Resolution 1 (Ordinary): Adopt standalone financial statements; passed.
• Resolution 2 (Ordinary): Adopt consolidated financial statements; passed.
• Resolution 3 (Ordinary): Dividend on equity shares declared; passed.
• Resolution 4 (Ordinary): Reappointment of Yashvardhan Ruia as Executive Director; passed.
• Resolution 5 (Special): Approval of remuneration to Hemant Kumar Ruia as CMD for remainder tenure; passed.
• Resolution 6 (Special): Revision of CMD remuneration for FY2026-27; passed.
• Resolution 7 (Special): Revision of ED remuneration for two-year term; passed.
• Resolution 8 (Special): Ratification of remuneration payable to Cost Auditors for FY2027; passed.
• Resolution 9 (Ordinary): Invitation/Acceptance/Renewal of unsecured deposits; passed.

Dividend

• Dividend on equity shares declared; amount per share not disclosed.

Director Changes

• Yashvardhan Ruia reappointed as Executive Director for two-year term (June 1, 2026–May 31, 2028).

Auditors

• Cost Auditor remuneration for FY2027 ratified; amount not disclosed.

Related Party Transactions

• No material related party transactions disclosed or approved.

Other Approvals

• No ESOPs or stock option schemes approved.

AGM Details

• Held on Sep 23, 2026 at 4:00 PM IST via VC/OAVM.
• Venue deemed to be the registered office.
• AGM concluded at 4:37 PM IST; 15 minutes for post-AGM e-voting.
• Quorum present; meeting chaired by Chairman and MD.

Resolutions & Voting

• Ordinary 1: Adopt standalone financial statements for year ended March 31, 2026.
• Outcome: Voting results to be submitted later.
• Ordinary 2: Adopt audited consolidated financial statements.
• Ordinary 3: Declare dividend for year ended March 31, 2026.
• Ordinary 4: Appoint Yashvardhan Ruia as Director by rotation; eligible for re-appointment.
• Special 5: Approve remuneration to Hemant K. Ruia for tenure Apr 1, 2027–Mar 31, 2029.
• Special 6: Approve revision of Hemant Ruia remuneration for FY 2026-27.
• Special 7: Approve revision of Yashvardhan Ruia remuneration for Jun 1, 2026–May 31, 2028.
• Ordinary 8: Ratify remuneration payable to Cost Auditors for FY 2027.
• Ordinary 9: Invite/Accept/Renew unsecured deposits from Members.

Dividend Details

• Dividend proposed; amount per share not disclosed in the filing.

Director Changes

• Yashvardhan Ruia, Executive Director, to be re-appointed as Director by rotation.

Auditor Appointments

• Cost Auditors: Remuneration for FY 2027 ratification.

Material Related Party Transactions

• No material related party transactions disclosed in this filing.

Other Material Approvals

• Unsecured deposits from Members invited/accepted/renewed.

Annual Report access and AGM notice

• Company sent AGM notice and Annual Report access link to shareholders via email where registered.
• For shareholders without registered email, web-link and exact path to Annual Report 2025-26 provided.
• Web-link to Annual Report: https://www.amines.com/pdf/annual-reports/annual-report-2025-26.pdf.
• Exact path: Investors / Disclosure under Regulation 46 / Annual Reports / Annual Report 2025-26.
• AGM scheduled on Sep 23, 2026 at 4:00 PM IST via VC/OAVM.
• Soft copy of Notice and Annual Report sent to Members with registered emails.
• If email is not registered, only web access will be available for Annual Report.
• Annual Report also available on company website and stock exchanges (BSE/NSE) and RTA portal.
• Shareholders urged to register email address: electronic form with DP/RTA; submit ISR/SH-KYC forms for physical shares.
• KYC forms available on company site and RTA download page.

Overview

• Standalone BRSR for FY2025-26 accompanying the annual report.
• Core activity: manufacturing and trading of chemicals.
• Main product lines: alkanolamines, gas treating chemicals, EO/PO derivatives, morpholine derivatives.
• Exports account for 46.68% of turnover; markets span 85 countries and 15 Indian states.

Key ESG Risks & Opportunities

• Air emissions risk from DGs/boilers; mitigated by monitoring and third-party verification; potential fines.
• GHG emissions risk; addressed via policy and reduction plan using renewables and efficiency.
• Energy management risk; targeted efficiency improvements in energy-intensive operations.
• Water and effluent management opportunity; Zero Liquid Discharge enhances water reuse.
• Waste management risk; adherence to 3R and compliant hazardous waste disposal.
• Human rights risk; governance via Code of Conduct, Whistle Blower, POSH policies.
• Diversity & inclusion opportunity; HR policies promote fair, diverse workforce.
• Community engagement opportunity; CSR activities in education, healthcare, environment.

Governance & Policy Highlights

• Board of Directors provides ESG oversight with sustainability decisions led by the MD.
• Sustainability/ESG responsibilities assigned to senior leadership; governance framework in place.
• Key policies include Code of Conduct (anti-corruption), Whistle Blower, POSH, Equal Opportunity.
• ISO 9000, ISO 14001, ISO 45001 certifications maintained.
• No external assurance; no penalties or major non-compliances in FY2025-26.

Social Responsibility & Workforce

• Total workforce: 427 (276 employees, 151 workers).
• Gender mix: employees 259 male, 17 female; workers all male.
• LTIFR: Nil; no fatalities in FY2025-26.
• 100% of BoD/KMP and employees trained on health and safety; workers likewise trained.
• Well-being spend: 0.24% of revenue; retirement benefits: PF 93.48%, ESI 39.86%.
• Differently abled access: premises accessible; equal opportunity policy in place.
• Union membership: 0% of permanent employees; 16 ITF-affiliated workers.

Environmental Performance

• Total energy: 254,573 GJ; renewable share 16,384 GJ; non-renewable 238,190 GJ.
• Energy intensity: 0.0000446 GJ per rupee turnover; PPP: 0.000911.
• Scope 1: 14,122 tCO2e; Scope 2: 2,629 tCO2e; total 16,751 tCO2e.
• GHG intensity: 0.00000294 tCO2e per rupee turnover; 0.65 tCO2e/MT.
• NOx 38.5 mg/Nm3; PM 13.1 mg/Nm3; SOx 0 mg/Nm3.
• Waste: 128.02 tonnes total; hazardous waste 128.02; incineration 3.15; landfilling 124.87.
• Certifications: ISO 9000, ISO 14001, ISO 45001; Plastic Waste Management registration.

Stakeholder Engagement & Complaints

• Key stakeholder groups: communities, investors, shareholders, employees/workers, customers.
• Engagement channels include AGM, email, stock exchange notices, reports, and website updates.
• Engagement frequency: ongoing; policy to engage and address concerns via Stakeholder Engagement Policy.
• Complaints: Nil filed during FY2025-26 across stakeholder groups.

Other Notable Metrics

• Related party transactions: purchases from related parties 0%; sales to related parties 0.56%; investments 10.70%.
• Concentration: top 10 trading houses 74.95% of purchases; 43 trading houses in total.
• Sales to top 10 dealers: 100%; 10 dealers in total.
• Sustainable sourcing: MSMEs directly 3%; within district/neighboring districts 90%.
• R&D nil; capex 47.02% of total capex; 2% capex growth implied in 2025-26.
• Product recalls: nil; data/privacy breaches: nil; cyber security policy in place.

Financial highlights

• Revenue from operations: ₹57,103.37 lakh; YoY decline from ₹66,072.75 lakh.
• EBITDA: ₹6,048.61 lakh; EBITDA margin 10.59% (Consolidated).
• Profit after tax: ₹3,653.17 lakh; EPS ₹6.64.
• Export revenue: ₹26,605.02 lakh; export share ~46.68%.
• Return on capital employed: 17.53%; interest coverage: 8.04x.

Capital structure and liquidity

• Debt to equity: 0.09x; net debt negative ₹25.93 crore (Consolidated).
• Net debt to equity: −0.09x; cash and cash equivalents ₹49.21 crore at year-end.
• Total capital base: ₹3,194.70 crore (approx. based on equity + debt levels).
• Interest cost decreased; financing costs ₹545.81 lakh (Consolidated).
• Current ratio 3.12x indicates strong short-term liquidity.

Dividend & capital allocation

• FY25-26 final dividend proposed: ₹0.50 per equity share (face ₹2).
• Record date: 11-Sep-2026; AGM on 23-Sep-2026 via VC/OAVM.
• Dividend to be paid within 30 days ofShareholders’ approval.

Operational profile

• Installed capacity of 32,760 MTPA across three units in Maharashtra.
• Capacity utilization at Turbhe unit: 85% in FY26.
• Product categories: Gas Treating, Alkanolamines, Morpholine, EO/PO derivatives.
• FY26 revenue mix: Gas Treating 44.19%, Alkanolamines 33.09%, Morpholine 10.25%, EO/PO 10.98%, Others 1.49%.

R&D, product portfolio & ESG

• R&D spend: ₹2.11 crore in FY26; 43 new products commercialised in past five years.
• Carbon capture solvents development; expansion of EO/PO derivatives.
• ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 certifications; solar plant and green energy initiatives.
• CSR spend: ₹92.51 lakh; focus on education, healthcare, nutrition.

Governance & risk management

• Board: 6 directors; 2 executive, 3 independent, 1 non-exec non-independent.
• Four board committees: Audit, Nomination & Remuneration, Stakeholders Relationship, CSR.
• Independent directors’ meeting held; board evaluated performance; governance disclosures aligned to LODR.
• Risk management framework with focus on liquidity, credit, currency, and compliance.

Outlook & strategic drivers

• Global chemical cycle still in a soft patch; India remains growth leader in chemicals.
• Domestic demand visibility improved; firm orders in the domestic market for FY27.
• Pipeline of higher-value products and oilfield additives; capital discipline intact.
• Lower cost of capital and stronger balance sheet support expansion when opportunities arise.

AGM Details

• 51st AGM on Sep 23, 2026 at 4:00 PM IST via VC/OAVM.
• Dividend record date: Sep 11, 2026; e-voting cut-off: Sep 16, 2026.

Key Resolutions

• Ordinary: Adoption of standalone financial statements and reports.
• Ordinary: Adoption of consolidated financial statements and reports.
• Ordinary: Declaration of dividend on equity shares.
• Ordinary: Re-appointment of Yashvardhan Ruia as Director by rotation.
• Special: Remuneration to Hemant Kumar Ruia for remainder of tenure (2027-29).
• Special: Revision of Hemant Kumar Ruia remuneration for 2026-27.
• Special: Revision of Yashvardhan Ruia remuneration for 2026-28.
• Ordinary: Ratification of remuneration to Cost Auditors for 2026-27.
• Ordinary: Approval of unsecured deposits from members.

Dividend

• Dividend of 0.50 per equity share proposed, subject to tax deduction.

Director Changes

• Yashvardhan Ruia to continue as Executive Director; 5-year term.
• Hemant Kumar Ruia remuneration approved for remainder of tenure (2027-29).

Auditor Appointments

• Cost Auditor M/s A. G. Anikhindi & Co. appointed for 2026-27; remuneration ₹2.40 lakh; ratification sought.

Material Related Party Transactions

• No material RPTs disclosed in this filing.

Other Material Approvals

• Approval for unsecured deposits from members up to 35% of paid-up capital; board authorized to implement.