Alkyl Amines Chemicals has received a credit rating reaffirmation from CRISIL Ratings Limited, maintaining its strong position in the chemicals sector. The rating agency has reviewed and reaffirmed the company's existing ratings on its bank facilities, demonstrating confidence in the company's financial stability and creditworthiness.

Rating Details and Facility Coverage

CRISIL has reaffirmed comprehensive ratings covering Alkyl Amines Chemicals' total bank loan facilities worth ₹189.38 crores. The rating review encompasses both long-term and short-term credit facilities, providing a complete assessment of the company's debt profile.

Regulatory Compliance and Disclosure

The company announced this rating reaffirmation through official communications to both BSE Limited and The National Stock Exchange of India Limited. This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for investors and stakeholders.

Credit Rating Significance

The AA-/Stable long-term rating indicates a high degree of safety regarding timely servicing of financial obligations, with very low credit risk. The A1+ short-term rating represents the highest category for short-term instruments, indicating a very strong degree of safety regarding timely payment of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term.

Corporate Communication

The rating information has been made available on the company's official website at www.alkylamines.com , ensuring accessibility for all stakeholders. The disclosure was signed by Chintamani D. Thatte, General Manager (Legal) & Company Secretary & Compliance Officer, maintaining proper corporate governance standards in the communication process.

Alkyl Amines Chemicals Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the revision in remuneration for Whole-time Director-Operations, Mr. Rakesh S. Goyal. The special resolution received strong support with 99.90% of votes cast in favor of increasing his commission from 0.10% to 0.30% of net profits.

Postal Ballot Results

The voting results, declared on December 22, 2025, demonstrated strong shareholder confidence in the proposed changes:

Approved Remuneration Structure

The shareholders have approved the following commission structure for Mr. Goyal:

Other components of Mr. Goyal's remuneration package remain unchanged, including basic salary ranging from ₹6.00 lakh to ₹7.20 lakh per month with annual increments, house rent allowance at 40% of basic salary, and various benefits such as leave travel assistance, mediclaim policy premium, provident fund, and gratuity.

Voting Process Details

The e-voting process was conducted through National Securities Depository Limited (NSDL) platform from November 21, 2025, to December 20, 2025. The company dispatched postal ballot notices electronically to all eligible shareholders whose names appeared in the register as of the record date of November 14, 2025.

Executive Profile and Rationale

The revision aims to align Mr. Goyal's compensation with industry standards, considering his extensive 30-year experience in manufacturing, technology transfer, process development, quality management, and sales and marketing. Mr. Goyal holds 12,295 equity shares representing 0.02% of the company's paid-up equity share capital and serves as a member of the Risk Management Committee.

The proposal received approval from the Nomination and Remuneration Committee on October 23, 2025, followed by Board approval on November 4, 2025. The resolution is deemed effective from the last date of e-voting, December 20, 2025, with the revised commission structure taking effect from January 1, 2026.