Amines & Plasticizers Limited — Important, 22-11-2024: Updates

Amines & Plasticizers Limited has received notices from BSE and NSE regarding non-compliance related to the composition of its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee for the quarter ending September 30, 2024. The fines levied total ₹14,160 (cr) each, due within 15 days. The company plans to respond to the notices and seek a waiver for the fines. Despite this, the management states that there is no quantifiable impact on financial or operational activities. Investors should watch closely as the company navigates this compliance issue.