Balaji Amines Limited disclosed that Rajendrakumar Mohanprasad Tapadiya concluded his tenure as Independent Director of its material subsidiary, Balaji Speciality Chemicals Limited. The cessation took effect from the close of business hours on September 28, 2026.

The departure follows the completion of his second term on the subsidiary's board. The filing was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Cessation Details

The company confirmed that Tapadiya served as an Independent Director at Balaji Speciality Chemicals Limited from September 28, 2026, until the conclusion of his term on the same date. His role ended officially upon the expiry of the second term allowed under regulatory norms for independent directors.

The Board and Management of Balaji Speciality Chemicals extended their appreciation for his contributions during the tenure. No resignation letter was filed, as the exit was due to the natural expiration of the appointment period rather than a voluntary resignation or removal.

Regulatory Disclosure

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited. The details provided align with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, regarding director appointments and cessations.

Corporate Governance Context

Balaji Amines operates through multiple manufacturing units across Maharashtra and Telangana. The governance structure includes oversight of material subsidiaries such as Balaji Speciality Chemicals. The completion of a second term for an independent director is a standard procedural event in corporate governance cycles, ensuring periodic refreshment of board perspectives.

Balaji Amines Limited commenced commercial production at its Acetonitrile (ACN) plant in Solapur on September 24, 2026. The facility now operates with an enhanced installed capacity of 1,440 tonnes per month (TPM).

The commissioning marks the completion of the expansion and modernisation programme for the unit located at Chincholi MIDC. The company utilised advanced technology to upgrade the plant, which serves both domestic and international markets.

Capacity and market scope

The newly commissioned plant is part of the company's Unit III operations. The move strengthens Balaji Amines' position in the speciality chemicals sector by increasing supply availability for key industrial applications.

Regulatory compliance

The intimation was filed with BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms the date of launch as September 24, 2026. No specific country names were listed for international launches in the initial filing, marked as NA.