Indo Amines Limited — Others, 22-05-2025: Change in Management

Indo Amines Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. Standalone revenue stood at ₹278.46 Cr and consolidated revenue at ₹285.41 Cr, with profit before tax at ₹14.38 Cr (standalone) and ₹15.25 Cr (consolidated). The Board proposed a final dividend of Rs. 0.50 per share. Key board changes include re-appointment of three directors and a new non-executive director. An ESOP plan granting up to 7.25 lakh options was approved, subject to shareholder consent. Industrial land acquisition at Dombivli East was finalized, and insurance claims related to fire damage at the W-35 plant are underway. The amalgamation of Pious Engineering Pvt. Ltd. with effect from January 1, 2023, has been completed.