Balaji Amines Limited Announces Resignation of Senior Management Personnel

1 min read     Updated on 14 Apr 2026, 12:18 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Balaji Amines Limited has announced the resignation of Mr. Laxman Vishnudas Limkar from his position as Senior Assistant General Manager and Factory Manager, effective 11th April, 2026, due to personal reasons. The company has complied with regulatory requirements by informing BSE and NSE under Regulation 30 of SEBI Listing Regulations, providing necessary documentation including the resignation letter and acceptance.

powered bylight_fuzz_icon
37651709

*this image is generated using AI for illustrative purposes only.

Balaji amines Limited has announced the resignation of a senior management personnel, informing stock exchanges about the organizational change as required under regulatory compliance.

Senior Management Departure

Mr. Laxman Vishnudas Limkar has resigned from his position as Senior Assistant General Manager and Factory Manager due to personal reasons. The resignation became effective from 11th April, 2026, with the company receiving the formal resignation letter on 13th April, 2026.

Parameter: Details
Position: Senior Assistant General Manager & Factory Manager
Effective Date: 11th April, 2026
Reason: Personal reasons
Notice Received: 13th April, 2026

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was sent to both BSE Limited and National Stock Exchange of India Limited, along with the required documentation including the resignation letter and company's acceptance.

Resignation Timeline

According to the documentation, Mr. Limkar initially submitted his resignation on 16th January, 2026, requesting relief from his position as Senior Assistant General Manager and Factory Manager. Despite the standard three-month notice period as per employment terms, he requested to be relieved as per company policy.

Timeline: Event
16th January, 2026: Resignation submitted
11th April, 2026: Effective relief date
13th April, 2026: Stock exchange notification

Transition Management

The departing executive committed to ensuring a smooth handover of responsibilities during the transition period and extending full cooperation to facilitate an orderly transfer of duties. The company has provided all necessary documentation to stock exchanges as required under SEBI circular guidelines dated 13th July, 2023.

Historical Stock Returns for Balaji Amines

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%+7.15%+14.56%-15.04%-10.49%-38.40%

Who will replace Mr. Limkar as Factory Manager and how might this leadership change impact Balaji Amines' operational efficiency?

Could this senior management departure signal broader organizational restructuring or cost-cutting measures at Balaji Amines?

How might the loss of factory management expertise affect Balaji Amines' production capacity and delivery timelines in the near term?

Balaji Amines Announces Reconstitution and Name Change of Internal Audit Firm

1 min read     Updated on 09 Apr 2026, 02:40 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Balaji Amines Limited has announced the reconstitution of its internal audit firm, leading to a name change from M/s. Pandhare & Co. to M/s. Pandhare Bhutada & Co. The change occurred due to the induction of new partners into the firm. The company made this disclosure on 8th April, 2026, in compliance with SEBI Regulation 30, informing both BSE and NSE about this corporate development.

powered bylight_fuzz_icon
37228259

*this image is generated using AI for illustrative purposes only.

Balaji amines Limited has announced a reconstitution of its internal audit firm, resulting in a change of the firm's name. The specialty chemical company informed stock exchanges about this corporate development in compliance with regulatory disclosure requirements.

Internal Audit Firm Reconstitution

The company has disclosed that its internal audit firm has undergone reconstitution with the induction of new partners. As a result of this restructuring, the firm's name has been officially changed from M/s. Pandhare & Co. to M/s. Pandhare Bhutada & Co.

Parameter: Details
Previous Firm Name: M/s. Pandhare & Co.
New Firm Name: M/s. Pandhare Bhutada & Co.
Reason for Change: Reconstitution upon induction of new partners
Disclosure Date: 8th April, 2026

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to disclose material events and information that could impact investor decisions.

The disclosure was communicated to both major stock exchanges where the company's shares are listed - BSE Limited and National Stock Exchange of India Limited. Company Secretary and Compliance Officer Abhijeet Kothadiya signed the official communication to the exchanges.

Company Information

Balaji Amines Limited operates as a specialty chemical company with its registered office located at Balaji Towers, Hotgi Road, Aasara Chowk, Solapur, Maharashtra. The company maintains ISO certifications including ISO 45001:2018, ISO 14001:2015, and ISO 9001:2015, demonstrating its commitment to quality management systems and environmental standards.

Historical Stock Returns for Balaji Amines

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%+7.15%+14.56%-15.04%-10.49%-38.40%

Will the addition of new partners to the internal audit firm bring enhanced expertise in specialty chemicals sector compliance and risk management?

How might this internal audit firm reconstitution impact Balaji Amines' upcoming quarterly financial reporting and audit processes?

Could this change in internal audit partnership signal preparations for potential business expansion or new regulatory requirements in the chemical industry?

More News on Balaji Amines

1 Year Returns:-10.49%