Indo Amines Shareholders Approve Appointment of Ms. Tejaswini Dalvi as Non-Executive Director

Indo Amines has announced that its shareholders have approved the appointment of Ms. Tejaswini Dalvi (DIN: 11127538) as a Non-Executive Director of the company. The decision was made through a postal ballot conducted via remote e-voting, with results declared on August 18, 2025.

Voting Details

The voting period for the postal ballot ran from July 16, 2025, to August 14, 2025. Out of the total 4,52,03,322 votes polled, an overwhelming majority of 4,42,97,777 votes (97.99%) were cast in favor of the resolution, while 9,05,545 votes (2.00%) were against it.

Shareholder Participation

The voting process saw significant participation from various shareholder groups:

Promoter and Promoter Group: Holding 4,24,08,406 shares, this group showed 83.33% participation, with all votes cast in favor of the resolution.
Public Non-Institutional Shareholders: Demonstrated 32.69% participation, with 90.82% voting in favor.

Voting Breakdown

Category	Votes in Favor	Votes Against	% in Favor	% Against
Promoter and Promoter Group	3,53,39,524	0	100.00	0.00
Public - Institutions	0	0	0.00	0.00
Public - Non Institutions	89,58,253	9,05,545	90.82	9.18
Total	4,42,97,777	9,05,545	98.00	2.00

Scrutiny and Compliance

The postal ballot process was scrutinized by Mr. Vijay Yadav (Mem. No. FCS11990) of AVS & Associates, Practicing Company Secretaries, to ensure fairness and transparency. The resolution, which required a special majority, was passed in compliance with the Companies Act, 2013, and SEBI regulations.

Indo Amines, with a total of 36,160 shareholders as of the record date, conducted this postal ballot in accordance with the guidelines prescribed by the Ministry of Corporate Affairs and SEBI circulars for holding general meetings and conducting postal ballot processes through e-voting.

The appointment of Ms. Tejaswini Dalvi as a Non-Executive Director marks a significant addition to Indo Amines' board, reflecting the company's commitment to corporate governance and shareholder engagement.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.40%	-4.62%	-11.57%	-25.37%	-41.61%	+4.23%

Indo Amines Limited , a leading chemical manufacturing company, has announced strong financial results for the first quarter, along with several key corporate decisions.

Financial Performance

The company reported impressive standalone and consolidated financial results for Q1:

Particulars (in Rs. lakhs)	Standalone	Consolidated
Revenue from Operations	27,094.39	28,758.53
Net Profit	2,548.63	2,884.11
Earnings per Share (Rs.)	3.48	3.94

On a standalone basis, Indo Amines achieved a revenue of Rs. 27,094.39 lakhs, with a net profit of Rs. 2,548.63 lakhs. The consolidated revenue stood at Rs. 28,758.53 lakhs, with a net profit of Rs. 2,884.11 lakhs. The company's earnings per share for the quarter were Rs. 3.48 (standalone) and Rs. 3.94 (consolidated).

Asset Transfer and Exceptional Gain

During the quarter, Indo Amines transferred the rights of its leasehold land located at W-265/266A, TTC Industrial Area, Rabale, for a total consideration of Rs. 600.00 lakhs. This transaction resulted in an exceptional gain of Rs. 594.82 lakhs for the company, boosting its overall profitability for the quarter.

Corporate Decisions

The Board of Directors made several important decisions during their meeting on August 12:

Cost Auditor Reappointment: M/s. Gangan & Company, Cost Accountants, have been reappointed as the company's Cost Auditor for the upcoming financial year.
Insider Trading Policy Update: The company has revised its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information to align with recent statutory amendments under SEBI regulations.
Annual General Meeting: The 32nd Annual General Meeting (AGM) of Indo Amines Limited is scheduled for September 24. The meeting will be held through video conferencing or other audio-visual means, in accordance with the relevant circulars issued by regulatory authorities.
Dividend Recommendation: The Board has recommended a final dividend of Rs. 0.50 per equity share (face value Rs. 5 each) for the financial year ended March 31, subject to shareholder approval at the upcoming AGM.

Operational Highlights

Indo Amines continues to operate primarily in the chemicals manufacturing segment. The company's strong performance in Q1 reflects its resilience and strategic positioning in the market.

The management's decision to transfer leasehold land rights has contributed significantly to the company's profitability this quarter, demonstrating effective asset management.

Investors and stakeholders can look forward to the upcoming AGM, where they will have the opportunity to engage with the management and vote on key resolutions, including the proposed dividend.