Balaji Amines Limited recommended the payment of annual dividend of INR 2.60 per equity share i.e. 130% on face value of INR 2 per share and the same will be payable after it is approved by the shareholders at the upcoming Annual General Meeting.

The board approved, re-designation of Mr. A. Prathap Reddy as Chairman & Whole-time Director of the company with effect from 14th May, 2018. The board on recommendation of Nomination and Remuneration Committee has appointed Mr. D. Ram Reddy as the Managing Director of the company for a period of 3 years with effect from 14th May, 2018.