Alkyl Amines Chemicals Limited at its board meeting held on May 21, 2019 recommended dividend of INR 8 per equity share INR 5 each for the year ended March 31, 2019. The same will be payable after it is approved by the shareholders at the upcoming Annual General Meeting.

The Board approved appointment of Mr. Chandrashekhar R. Gupte as Additional Independent Director. He joined the Rubber Chemicals Division of Nocillimited from its inception in 1976, held important positions as Head of Internal Audit, Finance, Sales & Marketing and eventually as Chief Executive of the said Division from 1995. He was thereafter appointed the Managing Director of Nocillimited from August 2005 till August 2017. The Board noted resignation of Mr. Hemendra M. Kothari, as Director, due to personal reasons with effect from May 21, 2019.