ALPHA TRIBE

Balaji Amines LimitedOthers, 21-02-2025: Shareholders meeting

21-02-2025 | 07:31 pm

Balaji Amines Limited has announced a board meeting to address a postal ballot seeking the shareholders' approval for two key resolutions: 1) Providing a loan of up to ₹200 crore (cr) to its subsidiary, Balaji Speciality Chemicals Limited (BSCL), for principal business activities and expansion projects, and 2) Approval of material related party transactions with BSCL. The voting will occur via remote e-voting from February 22 to March 23, 2025, with results to be announced by March 25, 2025. This move is expected to support BSCL's growth ambitions, potentially enhancing investor sentiment due to the strategic investment in expanding production capabilities.

No comments yet. Be the first to comment!

All announcements from Balaji Amines Limited