To The Members,
The Board of Directors are pleased to present the Companys Fifty-First (51st) Annual Report on the business and operations of the Company along with the Audited Financial Statements for the financial year ended March 31, 2026 .
The Boards Report is prepared based on the standalone financial statements of the Company. The Companys financial performance for the year under review, along with the previous years figures, are given hereunder:
( ? in Lakhs)
| Particulars | Consolidated 2025-26 | Consolidated 2024-25 | Standalone 2025-26 | Standalone 2024-25 |
| Total Income | 57,174.98 | 66,196.23 | 57,138.17 | 65,659.87 |
| Total Expenses excluding Depreciation, Interest, and Tax | 51,126.37 | 59,170.57 | 51,096.33 | 58,746.88 |
| Profit before Finance Cost, Depreciation & Tax (EBITDA) | 6,048.61 | 7,025.66 | 6,041.84 | 6,912.99 |
| Less: Finance Cost | 545.81 | 981.54 | 544.22 | 979.87 |
| Less: Depreciation and Amortization Expenses | 566.16 | 554.75 | 566.16 | 554.75 |
| Profit before Tax | 4,936.64 | 5,489.37 | 4,931.46 | 5,378.37 |
| Less: Tax Expenses | 1,283.47 | 1,389.22 | 1,283.47 | 1,389.22 |
| Profit for the year | 3,653.17 | 4,100.15 | 3,647.99 | 3,989.15 |
| Other Comprehensive Income for the year | -15.68 | 41.31 | -20.87 | -26.89 |
| Total Comprehensive Income for the year | 3,637.49 | 4,141.46 | 3,627.12 | 3,962.26 |
| Basic & Diluted EPS (In \u20b9 ) | 6.64 | 7.45 | 6.63 | 7.25 |
During the year under review on a consolidated basis, the Company achieved total revenue of ? 57,174.98 Lakhs , Earnings before interest, tax, depreciation and amortisation (EBITDA), before exceptional items of ? 6,048.61 Lakhs and Profit before tax (PBT), before exceptional items, of ? 4,936.64 Lakhs . On a standalone basis, the Company achieved total revenue of ? 57,138.17 Lakhs , EBITDA, before exceptional items of ? 6,041.84 Lakhs and PBT, before exceptional items, of ? 4,931.46 Lakhs .
Despite the several challenges being faced by the Chemical Industry owing to various factors such as geopolitical crises, disruption of supply chain, weak demand and lower product realisation, your company remained focused and resilient. On a consolidated basis, revenue from operations moderated to ? 571.03 crore from ? 660.73 crore in the previous year. The EBITDA margin was held at 10.59% , close to the 10.63% of the prior year, and absolute EBITDA stood at ? 60.49 crore and profit before tax at ? 49.37 crore , with net profit of ? 36.53 crore . The debt-to-equity ratio improved to 0.09 times from 0.30 times , and the finance cost fell by 44% to ? 5.46 crore .
For more details on the Consolidated and Standalone performance, please refer to the Management Discussion & Analysis forming part of this report.
For FY 2025-26, the Board of Directors has recommended a dividend of 25% i.e. ? 0.50/- per Equity Share of the Company of Face Value of ? 2/- each (Previous year ? 0.50/- per equity share of ? 2/- each i.e. 25% ).
The Dividend, subject to the approval of members at the ensuing 51st Annual General Meeting (AGM) , if declared, then total dividend outgo for the financial year 2025-26 would absorb a sum of approximately ? 275.10 Lakhs (inclusive of TDS).
The Company has fixed Friday, September 11, 2026 as the Record date for determining the entitlement of Members to dividend for the financial year ended March 31, 2026, if declared at the AGM and will be paid within the time stipulated under the Companies Act, 2013 (subject to deduction of Tax at source).
During the year, there were no changes in the share capital of the Company. The Companys Share Capital structure as on March 31, 2026 , is as follows:
| Particulars | No. of Shares | Amount (in \u20b9 ) |
| A. Authorized Share Capital | ||
| Equity Shares of \u20b9 2/- each | 6,75,00,000 | 13,50,00,000 |
| Preference Shares of \u20b9 100/- each | 2,51,000 | 2,51,00,000 |
| Total (A) | 6,77,51,000 | 16,01,00,000 |
| B. Issued, Subscribed and Paid-up Share Capital | ||
| Equity Shares of \u20b9 2/- each | 5,50,20,000 | 11,00,40,000 |
| Preference Shares of \u20b9 100/- each | Nil | Nil |
| Total (B) | 5,50,20,000 | 11,00,40,000 |
During the year under review, the Company has neither issued shares with differential voting rights nor granted any stock options or issued any sweat equity or Bonus Shares . Further, the Company has not bought back any of its securities during the year under review and hence no details/information are invited in this respect. As on March 31, 2026, none of the Directors and promoters of the Company hold instruments convertible into equity shares of the Company.
No amount was transferred to General Reserve (previous year NIL), and all other surplus is proposed to be held as retained earnings.
Further, pursuant to Section 73(2)(c) of the Companies Act, 2013, read with Rules made thereunder, the Company is required to maintain an amount equal to 20% of the Deposits maturing in the following Financial Year in the Deposit Repayment Reserve Account. Accordingly, the requirement of Deposit Repayment Reserve Account for the current Financial Year is ? 68.80 Lakhs and the Company maintained the same for FY 2026-27 .
During the year under review, the Company had revenue from Export sales of ? 26,605.00 Lakhs as compared to ? 35,069.96 Lakhs in the previous year. Export sales contributed about 46.68% of the total Turnover of the Company. The Company exports its products to more than 85+ countries globally.
The Company has its wholly owned subsidiary named Amines and Plasticizers FZ-LLC in Ras Al Khaimah, Free Trade Zone, UAE .
The highlights of performance of the abovementioned subsidiary during the year ended March 31, 2026, are as below:
| Particulars | Amount (in \u20b9 Lakhs) |
| Total Income | 357.34 |
| Total Expenses | 354.38 |
| Net Profit/(Loss) | 2.96 |
The operational performance and affairs of the subsidiary have been reviewed by the Audit Committee and Board of Directors of the Company. Pursuant to Section 129(3) of the Companies Act, 2013 (the Act), Consolidated Accounts of the Company and its subsidiary have been prepared and subjected to Audit, which is a part of this Annual Report. In accordance with Section 129(3) of the Act read with Rule 5 of the Companies (Accounts) Rules, 2014 , a statement containing the salient features of the financial statement of the subsidiary in the prescribed format AOC-1 is provided in the Financial Statement, which forms an integral part of this report. The statement also provides details of the performance and financial position of the subsidiary.
The contribution of the subsidiary to the overall performance of the Company during the year ended March 31, 2026, is as below:
| Net Assets (total assets minus total liabilities) | Share in Profit or (loss) | Share in Other Comprehensive Income | Share in Total Comprehensive Income | ||||
| As a % of Consolidated net assets | Amount | As a % of Consolidated profit or loss | Amount | As a % of Consolidated Other Comprehensive Income | Amount | As a % of Consolidated Total Comprehensive Income | Amount |
| 1.49 | 435.67 | 0.08 | 2.96 | (155.55) | 24.39 | 1.32 | 27.35 |
The above information is also provided in Note No. 44 of the consolidated financial statements.
Further, pursuant to the provisions of Section 136 of the Act, the audited financial statement, including the consolidated financial statement of the Company and all other documents required to be attached thereto, is available on the Companys website and can be accessed at https://www.amines.com/annual-report.html . The financial statements of the subsidiaries are also available on the Companys website and can be accessed at https://www.amines.com/pdf/subsidiary-account/2025-2026/subsidiaries-accounts-2025-26.pdf
As you are aware, the Company holds a stake of 26% as a statutory pre-condition in Radiance MH Sunrise Six Private Limited (Radiance) , a Solar Power producing Company to meet its energy requirements. The Radiance is engaged in the business of development, construction, operation, and maintenance of solar power plants in India and developing, constructing ground-mounted, grid-connected solar (photovoltaic) electric generating facilities. The power producer i.e. Radiance has commissioned a dedicated Solar Power Plant for the Company, and the Company receives power at a concessional rate, thereby reducing the electricity bills of the Company to a certain extent. This arrangement is facilitated by the State Govt of Maharashtra and one of the terms of Venture is that the Recipient of power must invest min 26% equity in the power producing Company (SPV) to avail this benefit of power at a reduced rate. The Company has therefore held a 26% equity stake in Radiance according to a Statutory mandate by the State Government for forming/investing in such a Special Purpose Vehicle. The Company has neither significant influence over this Company nor any participative rights in the Management of the said Company. In view thereof, Radiance MH Sunrise Six Pvt. Ltd. had not been considered as an associate Company for consolidation purpose as it is a pure investment activity in the said Company to obtain Power at a concessional rate.
The Company neither has any Foreign Direct Investment (FDI) nor has invested as any Downstream Investment in any other Company in India.
Apart from the above-disclosed, the Company does not have any Associate or Joint Venture Companies , nor has any Company become or ceased to be a Subsidiary, joint venture or associate Company during the year under review. Further, the Companys policy on determining the material subsidiary, as approved by the Board, is uploaded on the Companys website and can be accessed at https://www.amines.com/pdf/policies/policy-on-material-subsidiary.pdf .
Pursuant to Section 134(3)(a) read with Section 92(3) of the Companies Act, 2013, the Annual Return of the Company is available on the website of the Company at https://www.amines.com/annual-return.html
Re-appointment of Whole Time Director designated as Executive Director
At the 49th AGM of the Company, the members of the Company had appointed Mr. Yashvardhan Ruia (DIN: 00364888) as Whole Time Director designated as Executive Director of the Company for a period of Five (5) years w.e.f. June 01, 2025 to May 31, 2030 with a remuneration for a period of Three (3) years from June 01, 2025 to May 31, 2028 on the terms and conditions as set out in the notice of the 49th AGM.
Retirement by rotation and subsequent re-appointment
In accordance with the provisions of Section 152 of the Act, and the Companys Articles of Association, Ms. Nimisha Dutia (DIN: 06956876) , Non-Executive and Non-Independent Director, was liable to be retired by rotation at the 50th Annual General Meeting (AGM) and, being eligible had offered herself for re-appointment. Accordingly, she was re-appointed as a director by the members of the Company at the 50th Annual General Meeting held on September 25, 2025 .
No changes during the year.
No changes during the year.
Mr. Yashvardhan Ruia, (DIN: 00364888) , Whole Time Director designated as Executive Director of the Company, retires by rotation at the ensuing 51st AGM and, being eligible, has offered himself for re-appointment. The Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee (NRC) , has recommended his re-appointment to the members. As per the Secretarial Standard-2 and the Listing Regulations, a brief profile and other related information of Mr. Yashvardhan Ruia, (DIN: 00364888), Executive Director, retiring by rotation is annexed as Annexure A to the Notice of the Annual General Meeting which forms part of this Annual Report.
All the Independent Directors have submitted their disclosures to the Board that they fulfil all the requirements as stipulated in Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the Listing Regulations, so as to qualify themselves to be appointed as Independent Directors under the provisions of the Companies Act, 2013 and the relevant rules thereof. In the opinion of the Board, all the Independent Directors fulfilled the conditions of Independence, and they were independent of the management. The Independent Directors have also confirmed that they have complied with the Companys Code of Business Conduct & Ethics .
In the opinion of the Board, the Independent Directors fulfill the conditions for appointment as an Independent Directors, and they possessed the requisite integrity, experience, expertise, proficiency and qualifications to serve the Board and the Company. Further in pursuance of the provisions of Rule 6 of the Companies (Appointment and Qualifications of Directors) Rules, 2014 , all Independent Directors of the Company were registered with the IICA .
In terms of the requirements of the Listing Regulations, the Board has identified core skills, expertise and competencies of the Directors in the context of the Companys businesses for effective functioning, which are detailed in the Corporate Governance Report which forms part of this report.
Pursuant to the provisions of Section 203 of the Companies Act, 2013 (the Act), as of March 31, 2026, the Company has three (3) Key Managerial Personnel viz.:
| Sl. No. | Name | Designation |
| 1 | Mr. Hemant Kumar Ruia | Chairman & Managing Director |
| 2 | Mr. Pramod Sharma | Chief Financial Officer |
| 3 | Mr. Omkar Mhamunkar | Company Secretary & Compliance Officer |
Details of the core Senior Management Team consisting of Divisional Heads and information about them are provided in the Corporate Governance Report , which forms an integral part of the Annual Report.
The policy which lays down a framework in relation to remuneration of Directors, Key Managerial Personnel and Senior Management of the Company is already in place.
The salient features of the Policy are:
| Clause | Salient Feature |
| a) | laying down the guiding principles for ensuring Board diversity; |
| b) | determining criteria for recommending the appointment and removal of all Directors, Key Managerial Personnel and Senior Management; |
| c) | setting out a Comprehensive framework that assures fair and just remuneration to the Directors, Key Managerial Personnel, Senior Management Personnel such that the Companys business strategies, values, key priorities and goals are in harmony with their aspirations; and |
| d) | laying down the criteria for appointments of Key Managerial Personnel/Senior Management and other employees and performance evaluation which are considered by the Nomination and Remuneration Committee and the Board of Directors while making selection of the candidates. |
The details of this policy are available on the website of the Company and can be accessed at https://www.amines.com/pdf/policies/nomination-remuneration-policy.pdf and briefly explained in the Corporate Governance Report , which forms part of this Report.
The Independent Directors attend a Familiarization/Orientation Program on being inducted into the Board. Independent Directors of the Company are made aware of their role, responsibilities, and liabilities at the time of their appointment/reappointment. They are also made aware of the Companys Board and Board Committee framework, policies, and procedures. At the Board meeting, the Chairman and Managing Director/Executive Director on a regular basis, appraise to the entire Board including Independent Directors on the Companys operations and business plans, the nature of industries in which the Company operates and the model of its respective businesses and provides periodical updates on regulatory front, industry developments and any other significant matters of importance. Each member of the board, including the Independent Director, is provided with complete access to any information relating to the Company whenever they request. The Company also highlights to the Independent Directors the changes in the key regulations impacting the Company or the functioning, roles and responsibilities of the Board members.
The Company issues a formal letter of appointment to the Independent Directors, outlining their role, function, duties and responsibilities, the format of which is available on the Companys website at https://www.amines.com/pdf/policies/Draft-Term-and-conditions-of-Appointment-of-Independent-Directors.pdf . The details of familiarization program are provided in the Corporate Governance Report and is also available on the Companys website and can be accessed at https://www.amines.com/pdf/familiarisation-programme/familiarisation-programme-for-independent-directors-2026.pdf
The Board met Five (5) times during the Financial Year 2025-26 i.e. on May 27, 2025, August 12, 2025, September 30, 2025, November 13, 2025, and February 13, 2026 . The details are as under:
| Sr. No. | Date of Meeting | Total Number of Directors as on the date of meeting | Number of directors attended | % of attendance |
| 1 | May 27, 2025 | 6 | 6 | 100.00 |
| 2 | August 12, 2025 | 6 | 6 | 100.00 |
| 3 | September 30, 2025 | 6 | 6 | 100.00 |
| 4 | November 13, 2025 | 6 | 5 | 83.33 |
| 5 | February 13, 2026 | 6 | 6 | 100.00 |
The detailed composition of the Board, changes during the year, particulars of meetings held and attended by each Director and all other information required as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), hereinafter referred to as (Listing Regulations) are provided in the Corporate Governance Report , which forms part of this Report.
The Board has constituted four (4) committees , namely the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee . The Constitution of the Committees is in commensurate with the Companies Act, 2013 and the Listing Regulations.
| Sr. No. | Date of Meeting | Total number of members as on the date of meeting | Number of directors attended | % of attendance |
| 1 | May 27, 2025 | 4 | 4 | 100.00 |
| 2 | August 12, 2025 | 4 | 4 | 100.00 |
| 3 | November 13, 2025 | 4 | 4 | 100.00 |
| 4 | February 13, 2026 | 4 | 4 | 100.00 |
| Sr. No. | Date of Meeting | Total number of members as on the date of meeting | Number of directors attended | % of attendance |
| 1 | May 27, 2025 | 4 | 4 | 100.00 |
| Sr. No. | Date of Meeting | Total number of members as on the date of meeting | Number of directors attended | % of attendance |
| 1 | May 27, 2025 | 3 | 3 | 100.00 |
| Sr. No. | Date of Meeting | Total number of members as on the date of meeting | Number of directors attended | % of attendance |
| 1 | May 27, 2025 | 3 | 3 | 100.00 |
The detailed composition of the Committees, particulars of meetings held and attended by each member and all other information required as per the Listing Regulations are provided in the Corporate Governance Report , which forms part of this Report. During the year under review, there were no changes in the composition of the Committees .
Pursuant to the provisions of the Companies Act, 2013 and Regulation 17(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board on May 27, 2025 , have carried out an annual evaluation of its own performance, the performance of the individual directors including Independent Directors, Chairman and the working of its committees, based on the evaluation criteria defined by the Nomination and Remuneration Committee for the performance evaluation process.
Performance evaluation of Independent Directors was done by the entire Board, excluding the Director being evaluated . The evaluation was undertaken by way of internal assessments, based on detailed questionnaires and interactions. The performance of the Board was evaluated by the entire Board after seeking input from all the directors on the basis of criteria such as the Board composition and structure, effectiveness of board processes, information and functioning , etc. The performance of the Committees was evaluated by the Board after seeking input from the Committee members on the basis of criteria such as the composition of committees, effectiveness of Committee meetings, structure of Committee meetings, independence of the committees from the Board and contribution to the decision of the Board . The performance of Independent Directors was evaluated on the basis of Independence and non-conflict of interest, independent views and judgment and voicing opinion freely, participation at the meetings . The performance of the Individual Director was evaluated on the basis of criteria such as Qualification, Experience, Knowledge and Competency, ability to function as an effective team member, availability and attendance for the Board/Committees, Integrity, commitment and contribution to the Board . The performance of Chairman was evaluated on the basis of efficient leadership, open-minded, decisive, courteous, professionalism, able to coordinate the discussion, able to steer the meeting effectively, impartiality, commitment, and protection of shareholders interest while taking decisions .
Further, a separate meeting of Independent Directors without the presence of the Non-Independent Directors of the Company was held on February 13, 2026 , in person, wherein all Independent Directors were present. At this meeting, Independent Directors discussed and evaluated the performance of the Chairman & Managing Director, Non-Executive Non-Independent Director, Executive Directors and the Board and Committees as whole and also assessed the quality, quantity, and timeliness of the flow of information between the management of the Company and the Board that is necessary for the Board to effectively and reasonably perform its duties.
The performance of the Board, Committees, Individual directors, including Independent Directors and Chairman was found satisfactory .
The Board Evaluation Policy recommended by NRC and adopted by the Board can be accessed on the Companys website at https://www.amines.com/pdf/policies/board-evaluation-policy.pdf .
In accordance with Section 129(3) of the Companies Act, 2013 (the Act) and applicable Indian Accounting Standards, the consolidated financial statements of the Company have been prepared, which were reviewed by the Audit Committee and the Board of Directors of the Company. A statement containing the salient features of the financial statement of the Subsidiary in the prescribed format AOC-1 is annexed to the Consolidated Financial Statements in the Annual Report.
In accordance with Section 136 of the Act, the audited financial statements, including the consolidated financial statements and related information of the Company and audited accounts of its subsidiary, are available on the Companys website www.amines.com . These documents will also be available for inspection during business hours on every working day at the Registered Office & Corporate Office or by sending email to cs@amines.com till the date of the Annual General Meeting of the Company.
In accordance with the provisions of the Act and applicable provisions of Indian Accounting Standards on Consolidated Financial Statements, the Company also provides the Audited Consolidated Financial Statements in the Annual Report.
During the year under review, the Company has not provided any loans, guarantees or made any investment which falls under Section 186 of the Companies Act, 2013. Further, there were no guarantees subsisting at the beginning of the year .
Further, the subsisting loans to M/s. Amines & Plasticizers FZ LLC, Wholly Owned Foreign Subsidiary (Registration Number-RAKFTZA-FZE-4017213) has been repaid by the subsidiary during the year and there is no balance outstanding as of the year ended March 31, 2026 , for more details, please refer Note No. 5 of the standalone financial statement.
The details of investments that are subsisting are also provided in Note No. 4 to the standalone financial statements and the investment includes:
| Sl. No. | Investment |
| a) | Investment in equity shares of Amines & Plasticizers FZ LLC , Wholly Owned Foreign Subsidiary of the Company |
| b) | Investment in equity shares (26%) of Radiance MH Sunrise Six Pvt. Ltd. (CIN-U40106MH2021PTC356786) as a statutory pre-condition to meet its energy requirements |
| c) | Investment held in government securities (national saving certificate) |
The details of the same are provided in Note No. 4 to the standalone financial statements. The loans and investments do not exceed the limits prescribed under Section 186 of the Companies Act, 2013.
During the year under review, the Company has accepted unsecured Deposits from the members to the tune of ? 3,39,50,000/- (Rupees Three Crores Thirty-Nine Lakhs Fifty Thousand only). Further, the amount of renewed deposits during the year was ? 1,79,50,000/- (Rupees One Crore Seventy-Nine Lakhs Fifty Thousand Only). The balance of Deposits as on March 31, 2026, was ? 11,01,00,000/- (Rupees Eleven Crores One Lakh only) and there are no unpaid or unclaimed deposits lying with the Company.
The Company had taken approval of Members at the 50th AGM for acceptance and renewal of Deposits from Members under Section 73 of the Companies Act, 2013 (the Act) and rules made thereunder. The Company had filed DPT-1 (Circular Inviting Deposits) with the Registrar of Companies, Guwahati, Assam and subsequently circulated the same to all its shareholders through the permitted modes. The main object of raising funds through unsecured deposits is to finance some portion of Working Capital requirement and for other general corporate purposes of the Company. The Company has been timely and regularly servicing interests to its Deposit holders on a quarterly basis. There has been no default in repayment of deposits or payment of interests thereon during the year under review. The Deposits accepted by the Company during the year under review are in compliance with the requirements of Chapter V of the Act.
The Company has recommended to the members of the Company to approve the invitation/acceptance/renewal from time to time Unsecured Deposits from Members in pursuance of Section 73 of the Act read with the rules made thereunder on such terms and conditions, up to a limit not exceeding 35% of the aggregate paid-up share capital, free reserves and securities premium account of the Company, as prescribed under Rule 3(3) of the Companies (Acceptance of Deposits) Rules, 2014. A detailed explanation regarding the same is provided in the explanatory statement to the notice of the 51st Annual General Meeting , which forms a part of this Report.
| Clause | Particulars |
| a) | All contracts/arrangements/transactions entered by the Company with related parties were in the ordinary course of business and on arms length basis . |
| b) | None of the Contracts/arrangements/transactions which were entered into with related parties were material in nature . |
| c) | All the Contracts/arrangements/transactions are in accordance with the provisions of the Companies Act, 2013 (the Act) read with rules made thereunder and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). |
All Related Party Transactions are first placed before the Audit Committee for its prior/omnibus approval, which are of a foreseen and repetitive nature and thereafter referred to the Board. Pursuant to the said omnibus approval, details of related party transactions entered into were also reviewed by the Audit Committee on a quarterly basis .
All related party transactions, including related party transactions in terms of Indian Accounting Standards are mentioned in Note No. 34 to the Standalone as well as Consolidated Financial Statements and also disclosed to the Stock Exchanges on a half-yearly basis pursuant to Regulation 23(9) of the Listing Regulations. None of the transactions with any of the related parties were in conflict with the Companys interest. The policy on Related Party and Material Related Party is available on the website of the Company and can be accessed at https://www.amines.com/pdf/policies/policy-on-related-party-transaction.pdf .
As there were no material related party transactions entered into by the Company during the period under review, the provisions of Section 188 of the Act were not attracted and no disclosure was required in Form AOC-2 . The Form AOC-2 is furnished as Annexure-1 to this Report. None of the related party transactions requires approval of members under the Act and the Listing Regulations.
However, as per the provision of Section 188(2) of the Act following related party transactions falling under Section 188(1) of the Act, which are not material and entered in the ordinary course of business and on arms length basis are referred below:
| Name of Related Party | Nature of Transactions | Transaction During FY 2025-26 ( \u20b9 In Lakhs) |
| Amines & Plasticizers FZ LLC, Wholly owned subsidiary | Sale of Goods to Wholly Owned Subsidiary | 319.12 |
| Amines & Plasticizers FZ LLC, wholly owned subsidiary | Advance Received from Wholly Owned Subsidiary towards Sales | 1,491.21 |
| M/s. Jadejas & Partners (Advocates) (Earlier known as Jadeja & Advocates) | Availing of legal services | 4.96 |
Justification: Amines & Plasticizers FZ LLC, Wholly Owned Subsidiary at United Arab Emirates (UAE) and transaction with the wholly Owned Subsidiary offers strategic advantage and operational efficiency. Further, during the year, the Company has availed certain legal services from M/s. Jadejas & Partners (Advocates) (Earlier known as Jadeja & Satiya, Advocates) where Ms. Dhanyashree Jadeja is a Partner. Ms. Dhanyashree Jadeja is a renowned practicing advocate and has more than 19+ years of experience in the legal field. She being a partner of the firm, the firm is deemed to be related party in terms of Section 188 of the Companies Act, 2013. The said transaction was on arms length and in the ordinary course of business and has been approved by the Audit Committee, the Board and also by the Nomination and Remuneration Committee in terms of the proviso of Section 197(4) of the Companies Act, 2013.
In terms of Section 134(3)(l) of the Companies Act, 2013, except as disclosed in this Annual Report, there were no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relates and the date of this Report.
In accordance with the provisions of Section 139, 142 and other applicable provisions of the Companies Act, 2013 (the Act) read with the Companies (Audit and Auditors) Rules, 2014, the Company had appointed M/s. S A R A & Associates, Chartered Accountants (FRN: 120927W) as Statutory Auditors at the 47th AGM of the Company held on September 28, 2022 for a term of five (5) consecutive years to hold the office from the conclusion of the 47th AGM till the conclusion of the 52nd AGM to be held in the year 2027, at a remuneration to be recommended by the Audit Committee and approved by the Board. The Auditors have confirmed that they are not disqualified from continuing as the Auditors of the Company.
There is no audit qualification, reservation or adverse remark by the Statutory Auditors on the Financial Statements for the year under review. The Notes to the financial statements referred in the Auditors Report are self-explanatory and do not call for any further comments.
During the year under review and as on date, there were no instances of fraud reported by the auditors under sub-section (12) of Section 143 of the Act or to the Central Government.
As per the directions of the Central Government and pursuant to Section 148 of the Companies Act, 2013 (the Act) read with the Companies (Cost Records and Audit) Rules, 2014 as amended from time to time, the Management has been carrying out the audit of cost records of the Company every year.
The Cost Audit Report for the financial year 2024-25 was filed in e-Form CRA-4 with the Registrar of Companies, Ministry of Corporate Affairs, Government of India within prescribed time . The Company has made and maintained the Cost Records under Section 148 of the Companies Act, 2013 for the financial year 2025-26 .
The Board of Directors on the recommendation of the Audit Committee had appointed M/s. A. G. Anikhindi & Co., (Firm Registration No.: 100049) Cost Accountants, Kolhapur, Maharashtra as Cost Auditors to audit the cost records of the Company for the financial year 2025-26 and the Cost Auditors will provide the Cost Audit Report for Financial Year ended March 31, 2026 within the prescribed time as per the Act.
The Board of Directors on the recommendation of the Audit Committee and in terms of the provisions of Section 148 of the Act read with the Companies (Cost Records and Audit) Rules, 2014 as amended from time to time had re-appointed M/s. A. G. Anikhindi & Co., (Firm Registration No.: 100049) Cost Accountants, Kolhapur, Maharashtra as Cost Auditors to audit the cost accounts of the Company for the financial year 2026-27 at a remuneration of ? 2,40,000/- per annum plus taxes as applicable and reimbursement of out-of-pocket expenses.
A certificate from M/s. A. G. Anikhindi & Co., Cost Accountants, was received to the effect that their appointment as Cost Auditor of the Company is in accordance with the limits specified under Section 141 of the Act and Rules framed thereunder.
As required under the Companies Act, 2013, a resolution seeking members approval for ratification of the remuneration payable to the Cost Auditor forms a part of the Notice convening the 51st Annual General Meeting and the same is recommended for your consideration.
Pursuant to the provisions of Section 204 of the Companies Act, 2013 and rules made thereunder and Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had appointed Mr. Shreyas Chandrakant Athavale, Practicing Company Secretary and Proprietor of M/s. Shreyas Athavale & Co., Practicing Company Secretaries (Shreyas Athavale & Co.), ( Certificate of Practice No. 20573 ). A peer reviewed firm of Company Secretaries in practice ( ICSI Firm Registration No. S2021MH785600 ) to conduct the Secretarial Audit of the Company for the Financial Year 2025-26. The Secretarial Audit Report for the year ended March 31, 2026, in Form No. MR-3 is included as Annexure-2 and forms an integral part of this Report.
The Secretarial Audit Report does not contain any qualification, or other adverse remarks or observation .
The Company believes that long-term goals and success can be achieved only when a robust Internal Control system is in place. The Company has an effective internal financial control system which is constantly assessed and strengthened with new/revised standard operating procedures. The Companys internal financial control system is strong and commensurate with its size, scale and complexities of operations.
In terms of Section 138 of the Act, read with applicable rules thereto M/s. N. J. Mahtani & Co., Chartered Accountants were the Internal Auditors of the Company for the financial year 2025-26 and the Board of Directors of the Company on the recommendation of the Audit Committee reappointed M/s. N. J. Mahtani & Co., Chartered Accountants as the Internal Auditors of the Company for the financial year 2026-27 .
Further, Statutory Auditors in its report expressed an unmodified opinion on the adequacy and operating effectiveness of the Companys internal financial controls over financial.
The Company has adopted accounting policies which are in line with the Indian Accounting Standards notified under Section 133 and other applicable provisions, if any, of the Act read together with the Companies (Indian Accounting Standards) Rules, 2015 . During the year under review, no material or serious observations have been reported by the Internal Auditors of the Company for inefficiency or inadequacy of such controls.
The Companys Financial Statements are prepared on the basis of the Significant Accounting Policies that are selected by the Management and approved by the Audit Committee and the Board. These Accounting Policies are reviewed from time to time based on the recent circulars and clarifications received from the appropriate Authorities. In order to maintain its objectivity and independence, the Internal Auditor reports to the Chairman of the Audit Committee . The Audit Committee meets the Internal Auditors and Statutory Auditors to ascertain, inter alia, their views on the adequacy of internal control systems and keeps the Board of Directors informed of their major observations periodically. The Internal Auditor monitors & evaluates the efficacy of Internal Financial Control system in the Company, its compliance with operating system, accounting procedures & policies at all the locations of the Company. Based on the report of the Internal Audit function, corrective actions in the respective areas are undertaken and controls are strengthened. In the opinion of the Audit Committee as well as in the opinion of the Board as on March 31, 2026, the internal financial controls were adequate and operating effectively .
During the year ended March 31, 2026, ICRA Ltd (Credit Rating Agency) has provided the Credit Rating for the Bank facilities as under:
| Bank Facilities Rated | Amount | Previous Rating | Current Rating (revision in rating outlook without revision in existing rating score) |
| Long-term - Fund-based - Working capital facilities | \u20b9 100.00 Crore | [ICRA]A (Stable) Rating Reaffirmed | [ICRA]A; Rating watch with negative implications |
| Long-term - Interchangeable | ( \u20b9 42.00 Crore) | [ICRA]A (Stable) Rating Reaffirmed | [ICRA]A; Rating watch with negative implications |
| Short-term - Non-fund-based | \u20b9 29.75 Crore | [ICRA]A1 Rating Reaffirmed and Assigned for enhanced limits (Enhanced from \u20b9 28.00 Cr to \u20b9 29.75 Crore) | [ICRA]A1; Rating watch with negative implications |
| Short-term - Fund-based - Others | \u20b9 50.00 Crore | [ICRA]A1; Rating Assigned (Additional Credit facility) | [ICRA]A; Rating watch with negative implications |
| Total | \u20b9 179.75 Crore |
During the year overall bank facilities limit increased from ? 128 Cr. (as of March 31, 2025) to ? 179.75 Cr as of March 31, 2026 , with increase in Short Term non-fund-based facility from ? 28 Cr to ? 29.75 Cr and additional Short-term - Fund-based - Others facility of ? 50.00 Cr.
The Company has an ISO 9001:2015 certification , which is valid up to January 10, 2027 . The Recertification Audit as per ISO 9001-2015 standard has been conducted by Det Norske Veritas (DNV) . The focus of QMS (Quality Management System) is on continual improvement by implementing the strategic tools for business to gain a competitive advantage through products and services that are safe, reliable, and trustworthy. Besides this, understanding the needs and expectations of Interested Parties helps us to find ways to improve the products and services offered to increase customer satisfaction and reduce business risks.
Besides QMS (Quality Management System), the Company has IMS (Integrated Management System) for certifications for the Environment Management System, ISO 14001-2015 , and OH&S Management System, ISO 45001-2018 . The Recertification Audit for ISO 14001-2015 standard & ISO 45001-2018 standard which has been conducted by DNV is successful. The certification for ISO 14001-2015 is valid upto April 08, 2028 . The certification for ISO 45001-2018 is valid upto June 06, 2028 .
ISO 14001:2015 (Environmental Management System) Certification relate to conservation of natural resources resulting in maintaining clean environment, commitment to compliance and healthy atmosphere. Determination of Life Cycle Perspective is a new concept incorporated in the EMS. As such, the Company is committed to ensure Minimum impact to the environment through its operations.
ISO 45001:2018 (Occupational Health and Safety Management System) Certification gives guidance for its use, enabling to provide safe and healthy workplaces by preventing work-related injury and ill health, as well as by proactively improving its OH&S performance. Various measures have been taken by the management in order to ensure compliance in its true spirit.
The Company has obtained HALAL Certification for a few of its products. The HALAL certificate is valid up to January 26, 2028 .
Your Company has also obtained KOSHER Certification for a few of its major products. The KOSHER certificate is valid up to January 28, 2027 .
Your Company has successfully been through the verification of compliance to the EFFCI GMP, 2017 standard for the products Triethanolamine and Phenoxyethanol which is the essential requirement of two well-known global Cosmetic manufacturing customers.
Your Company has participated in the EcoVadis sustainability initiative on the global sustainability platform and has been awarded a Committed Badge as recognition of the work that the Company has undertaken to create a more sustainable world.
Your Company has joined TfS (Together for Sustainability) forces by successfully going through the TfS Assessment and Audit conducted by a TfS-approved auditing agency, INTERTEK . TfS is an initiative taken by 55 European Multinational Chemical Companies . The initiative is created to increase transparency with regard to sustainability standards in supply chains. The mission is to support in managing complexity and risks in increasingly global operations and improving the economic, social, and ecological conditions in global supply chains by engaging in dialogue with suppliers.
Your Company has voluntarily begun measuring product carbon footprints . A product carbon footprint (or PCF) is the total amount of greenhouse gas (GHG) emissions produced by a single products supply chain. It is commonly described in terms of carbon intensity. The PCFs system or product boundary at APL is cradle-to-gate .
All properties and insurable interests of the Company, including buildings, plant and machinery, equipment, stores, and spares, have been adequately insured . The Company also voluntarily obtained Directors and Officers (D&O) insurance Policy .
The industrial relations remained cordial during the year under review.
To the best of their knowledge and belief and according to the information and explanations obtained, the Directors make the following statement in terms of Section 134(3)(c) of the Companies Act, 2013 (the Act):
| Clause | Statement |
| (a) | that in the preparation of the annual accounts for the year ended March 31, 2026, the applicable accounting standards have been followed along with proper explanation relating to material departures wherever applicable, if any; |
| (b) | the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2026 and of the profit of the Company for the year under review; |
| (c) | the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; |
| (d) | the Directors have prepared the annual accounts on a going concern basis ; |
| (e) | that the Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and |
| (f) | the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively. |
Pursuant to the provisions of Section 134(3)(m) of the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014, prescribed particulars as applicable is annexed hereto as Annexure-3 and forms integral part of this Report.
The disclosure pertaining to remuneration and other details as required under Section 197(12) of the Companies Act, 2013 (the Act) read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is annexed as Annexure 4 to this Report.
The disclosure under Rules 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is provided in a separate annexure marked as Annexure 4A and forms an integral part of this annual report. However, as per first proviso to Section 136(1) of the Act and second proviso of Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Report and Financial Statements are being sent to the Members of the Company, excluding the said annexure . Members who are interested in obtaining these particulars may write to the Company Secretary at the Corporate Office of the Company or email at cs@amines.com up to the date of the ensuing 51st Annual General Meeting of the Company, during the business hours on working days.
As per the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (the POSH Act), the Company has formulated a Policy on Prevention of Sexual Harassment at Workplace for prevention, prohibition and redressal of sexual harassment at workplace and Internal Complaints Committees (ICC) have also been set up at all applicable locations of the Company to redress complaints.
The Company is committed to providing a safe and conducive work environment to all of its employees and associates. Further, the Policy also gives shelter to contract workers, probationers, temporary employees, trainees, apprentices of the Company and any person visiting the Company at its office. The Company has zero tolerance on sexual harassment at the workplace.
The Policy is also available at the website of the Company and can be accessed at https://www.amines.com/pdf/policies/PolicyOnPreventionOfSexualHarassmentAtWorkplace.pdf .
The Company has not received any sexual harassment complaints under the Act during the financial year as under:
| Sr. No. | Particulars | Nos. |
| 1. | No. of Sexual Harassment Complaints received | NIL |
| 2. | No. of Sexual Harassment Complaints disposed off | Not Applicable |
| 3. | No. of Sexual Harassment Complaints pending beyond 90 days | Not Applicable |
| 4. | No. of Sexual Harassment Complaints pending as on March 31, 2026 | Not Applicable |
During the year under review, the Company has complied with all the applicable provisions of the Maternity Benefit Act, 1961, and Rules made thereunder. The Company also ensures that no discrimination is made on recruitment or service conditions on the grounds of maternity .
| Category | Number |
| a) Male Employees | 275 |
| b) Female Employees | 17 |
| c) Transgender Employees | Nil |
Business risks and mitigation plans are reviewed, and the internal audit processes include evaluation of all critical and high-risk areas. Critical functions are reviewed periodically, and the reports are shared with Management for timely corrective actions. The major focus of the internal audit is to identify and review business risks, test and review controls, assess business processes, besides benchmark controls with best practices in the industry.
The Management is constantly working to improve its risk management setup and processes in line with a rapidly changing business environment. During the year under review, there were no risks which, in the opinion of the Board, threaten the existence of the Company . However, some of the risks that may pose challenges are set out in the Management Discussion and Analysis Report , which forms part of this Annual Report.
The risk management framework is reviewed by the Board and the Audit Committee keeps a check on overall effectiveness of the risk management of the Company and has been entrusted with:
| Clause | Responsibility |
| a) | overseeing the Companys enterprise-wide risk management framework; |
| b) | ensuring that all material Strategic and Commercial risks including Cybersecurity, Safety and Operations, Compliance, Control and Financial risks have been identified and assessed; and |
| c) | ensuring that all adequate risk mitigation measures are in place to address these risks. |
A note on risks, concerns, and mitigating factors has been given in the Management Discussion & Analysis Report , which forms part of this Annual Report.
The Company believes that ethics in the conduct of business operations are an integral part of the success and growth of an organization. It is our endeavor to conduct our business with the highest standards of professionalism following ethical conduct in line with the best governance practices.
The Company has in place a well-defined Whistle Blower Policy framed pursuant to Section 177(9), (10) of the Companies Act, 2013 and Regulation 22 of the Listing Regulations. The policy provides adequate safeguards against victimization of persons who use such a mechanism and ensures direct access to the Chairman of the Audit Committee in appropriate or exceptional cases.
This policy has been adopted, circulated and placed on the website of the Company. It ensures to provide a secure environment and encourages employees and other stakeholders of the Company to report unethical, unlawful or improper practice, acts or activities, actual or suspected fraud or violation of the Companys code of conduct. Any employee can approach his/her Divisional Chief for any such instance observed or experienced or if in case it involves Managerial Personnel, to the Managing Director and thereafter to the Audit Committee Chairman. During the year under review, no employee was denied access to the Audit Committee . The Whistle Blower Policy of the Company has been placed on the website of the Company and can be accessed at https://www.amines.com/pdf/policies/whistle-blower-policy.pdf .
The Company has formulated, adopted and implemented CSR Policy in accordance with Section 135 of the Companies Act, 2013 (Act) and the Companies (Corporate Social Responsibility Policy) Rules, 2014 (Rules) as amended which outlines about objectives, the constitution of CSR Committee, roles and responsibilities of the committee, implementation, monitoring and guiding principles etc. The CSR Policy applies to all CSR projects/programmes undertaken by the Company in India as per Schedule VII of the Act, for the time being in force.
As a part of its CSR initiative and in line with the CSR Policy, the Board has constituted the CSR Committee and has identified various sectors of the Society for Social and Charitable work based on the needs and requirements in a particular field.
During the year under review, the Management has undertaken activities as part of its CSR initiatives.
A detailed Report as required under Section 135 of the Act and Responsibility Statement of the CSR Committee on the Implementation and Monitoring of CSR Policy are annexed as Annexure-5 and Annexure-5A respectively and forms part of this Report. The CSR Policy is also placed at the website of the Company and can be accessed at https://www.amines.com/pdf/policies/corporate-social-responsibility-csr-policy.pdf .
The salient features and highlights of the CSR Policy are as below:
| Aspect | Details |
| Constitution of CSR Committee and Frequency of meeting | Three or more Directors, out of which at least one director shall be an independent director and at least one meeting of the CSR Committee to be held every financial year. |
| Roles of CSR Committee | i) To formulate, recommend CSR Policy and the activities to be undertaken towards CSR initiatives as per the Act and CSR Policy, and monitor the policy and advise any changes therein if required. ii) To formulate and recommend to the Board an annual action plan, iii) To review and recommend the amount of expenditure to be incurred on the CSR and monitor the execution and implementation of the annual action plan and to do all such acts as may be entrusted to the CSR Committee by the Board from time to time. |
| CSR Expenditure | At least two (2) per cent of the Average Net Profits of the Company made during the 3 (three) immediately preceding financial years and administrative overheads shall not exceed five percent of total CSR expenditure of the Company for the financial year. |
| Treatment of Surplus | Any surplus arising out of the CSR activities shall not form part of the business profit of the Company and shall be ploughed back into the same project or shall be transferred to the Unspent CSR Account and spent in pursuance of CSR policy and annual action plan of the Company or transfer such surplus amount to a Fund specified in Schedule VII, within a period of six months of the expiry of the financial year. |
| Treatment of Excess Amount Spent | Excess amount may be set off against the requirement to spend under sub-section (5) of section 135 up to the immediate succeeding three financial years . |
| Supervision, Monitoring and Disclosure | The members of the CSR Committee can themselves do the supervision and monitoring of the activities undertaken as a part of CSR Activities or else can also depute or delegate a director or team of person amongst the employees of the Company for the same. The Annual Report on CSR shall be disclosed as a part of the Board Report in the form as may be prescribed and providing a Responsibility Statement of the CSR Committee on the Implementation and monitoring of CSR Policy. |
The above are salient features of the CSR Policy. The detailed policy is uploaded on the website of the Company on the link provided above.
During the year under review, no significant and material order was passed by the regulators, courts, or tribunals impacting on the going concern status and the Companys operations in future.
The details of unpaid/unclaimed dividends for a period of seven (7) consecutive years and underlying shares liable to be transferred to the IEPF Authority have been mentioned in detail in the Corporate Governance Report , which forms a part of this Report.
As prescribed under Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 a separate section on Corporate Governance Practices followed by the Company, together with a Certificate from a Practicing Company Secretary confirming compliance is provided as Annexure 6 of this Report and forms part of this Report.
Disclosure under Section II of Part II of Schedule V of the Companies Act, 2013 is provided under Para 8 of the Corporate Governance Report which is annexed as Annexure 6 to the Board Report.
Management Discussion and Analysis Report for the year under review, as stipulated in Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is presented in a separate section forming part of this Report.
The Company has complied with the applicable Secretarial Standards , with respect to Meetings of the Board of Directors ( SS-1 ) and General Meetings ( SS-2 ) issued by the Institute of Company Secretaries of India from time to time.
Your Company is voluntarily disclosing the Business Responsibility and Sustainability Report for FY 2025-26 , forming an integral part of the Annual Report. This reports objective is to present an open and understandable description of our continuous progress toward corporate responsibility and sustainability. In addition to demonstrating our dedication to lowering our carbon footprint and improving social and environmental value across our supply chain, and it further demonstrates the Companys efforts to strike a balance between economic development and environmental stewardship and social responsibility.
In view of the increased cyberattack scenarios, the cyber security maturity is reviewed periodically and the processes, technology controls are being enhanced in line with the threat scenarios. The Companys technology environment is enabled with real-time security monitoring with requisite controls at various layers, starting from end-user machines to network, application and the data.
In compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board through the Nomination and Remuneration Committee (NRC) , recognizing the importance of a diverse composition, has devised a policy on Board Diversity which sets out its approach to diversity. The Board of Directors enables efficient functioning through differences in experience, perspective and skill, and fosters differentiated thought processes at the back of varied industrial and management expertise, gender, knowledge and geographical backgrounds. The Board has adopted a Board Diversity Policy.
The Board Diversity Policy has been placed on the website of the Company and can be accessed at https://www.amines.com/pdf/policies/board-diversity-policy.pdf .
The Company has in place a policy for the succession of Board and Senior Management adopted by the Board on the recommendation of the Nomination and Remuneration Committee. The said policy is available on the website of the Company and can be accessed at: https://www.amines.com/pdf/policies/succession-of-board-and-senior-management-policy.pdf
Your directors state that no disclosure or reporting is required in respect of the following matters as there were no transactions on these matters during FY 2025-26:
| Clause | Particulars |
| a) | Neither the Managing Director nor the Executive Director of the Company receives any salary or commission from any of the subsidiary of the Company. |
| b) | There has been no change in the nature of the business of the Company. |
| c) | There was no application made or proceeding pending under the Insolvency and Bankruptcy Code, 2016 . |
| d) | There was no instance of one-time settlement with any bank or financial institution. |
Your Directors place on record their sincere thanks to the shareholders, deposit holders, customers, suppliers, vendors, investors, stock exchanges, depositories, banks and other financial institutions, regulatory authorities, rating agencies, auditors, legal advisors, consultants and all other stakeholders for their continued support. Your Directors also take this opportunity to appreciate and acknowledge the efforts, hard work and contribution of the employees of the Company.
| For and on behalf of the Board of Directors | |
| Hemant Kumar Ruia | |
| Place: Mumbai | |
| Chairman & Managing Director | |
| Date: August 14_,2026 | |
| ( (DIN: 00029410) |
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
