Amines & Plasticizers Limited has announced that it has received a waiver of fines levied by both BSE and NSE, providing relief from penalties totaling Rs. 90,000 each from both exchanges. The company disclosed this development under Regulation 30 of SEBI Listing Obligations on February 26, 2026.

Background of Fine Levy

The fines were originally imposed due to vacancies in key board committees during two separate periods. The company faced penalties for gaps in its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

Waiver Process and Approval

The company had submitted waiver applications to both exchanges seeking relief from the imposed penalties. BSE, serving as the designated stock exchange for Amines & Plasticizers Limited, communicated its decision to accept the waiver application on February 26, 2026.

Under the circular dated August 26, 2025, issued by both BSE and NSE regarding 'Processing of waiver applications by the Exchanges in case of commonly listed entities', the waiver approval by BSE automatically extends to NSE as well. This streamlined process ensures that companies listed on both exchanges do not face duplicate procedures for similar relief requests.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made this information available on its official website at amines.com under the announcements section.

Company Details

Amines & Plasticizers Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. The disclosure was signed by Omkar Mhamunkar, Company Secretary & Compliance Officer (ACS – 26645), ensuring proper authorization and compliance with regulatory requirements.

Amine & Plasticizers Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results during their meeting held on February 13, 2026, following review and recommendation by the Audit Committee.

Q3FY26 Standalone Financial Performance

The company's quarterly performance showed a decline across key financial metrics compared to the same period in the previous year. Revenue from operations decreased substantially, while profitability also contracted during the quarter.

Nine-Month Standalone Performance Analysis

For the nine-month period ended December 31, 2025, the company demonstrated similar declining trends. The cumulative results provided a broader perspective on the company's operational efficiency and market position.

Consolidated Financial Results

The consolidated results, which include the wholly owned subsidiary Amine & Plasticizers FZ LLC, showed marginally different performance metrics. The consolidated revenue from operations for Q3FY26 stood at ₹14,246.39 lakhs compared to ₹19,079.38 lakhs in Q3FY25, representing a decline of 25.33%.

Cost Structure and Operational Metrics

The company's expense analysis revealed significant changes in various cost components during Q3FY26. Cost of materials consumed represented the largest expense category, totaling ₹9,531.54 lakhs compared to ₹11,473.54 lakhs in Q3FY25. Finance costs decreased substantially to ₹87.28 lakhs from ₹257.12 lakhs in the previous year quarter, indicating improved financial management.

Employee benefit expenses increased to ₹589.20 lakhs from ₹575.65 lakhs, while power, fuel and water costs declined to ₹1,082.75 lakhs from ₹1,203.39 lakhs. Other expenses showed a significant reduction to ₹1,840.45 lakhs compared to ₹2,999.70 lakhs in Q3FY25.

Regulatory Compliance and Corporate Governance

The financial results underwent limited review by SARA & Associates, Chartered Accountants, who issued unmodified review reports for both standalone and consolidated results. The company maintains its paid-up equity share capital at ₹1,100.40 lakhs with a face value of ₹2 per share.

The Board meeting commenced at 4:45 PM IST and concluded at 5:40 PM IST on February 13, 2026. The results were prepared in accordance with Indian Accounting Standards and comply with SEBI listing regulations. The company operates primarily in chemical manufacturing, which falls within a single business segment, making segment reporting under Ind AS-108 not applicable.

Management noted ongoing assessment of potential impacts from new Labour Codes notified by the Government of India in November 2025. The financial results are available on the company's website at www.amines.com/financial-result.html and on BSE and NSE websites.