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Balaji Amines Ltd

NSE: BALAMINES BSE: 530999

₹1833.30

(7.29%)

Mon, 25 May 2026, 10:32 am

Company History

1988

  • BALAJI AMINES LIMITED was promoted by the KPR Group for the manufacture of speciality chemicals products, viz. Methyl Amines and Ethyl Amines.

1991

  • The company started commercial production from 1-3-1991, initially with the manufacture of Methyl Amines alone.

1992

  • The manufacture of Ethyl Amines was started from 1-8-1992.

2003

  • Balaji Amines acquired Bhagyanagar Chemicals.

2007

  • The company issued bonus shares in the ratio of 1:1.

2008

  • Balaji Amines Ltd recommended a dividend of 15% on equity shares.

2009

  • Balaji Amines Limited announced commercial production of a niche product, Polyvinyl Pyrrolidone (PVK K-30), under the brand name BOLIDONE.
  • Balaji Amines Ltd was awarded a Certificate of Merit for Outstanding Export Performance for the year 2005-2006 by Chemexcil.

2010

  • Balaji Amines Ltd recommended a dividend of Rs. 2.50 per equity share i.e. 25%.
  • The company split its face value of shares from Rs 10 to Rs 2.

2011

  • Balaji Amines Ltd recommended the payment of a dividend of Rs. 0.60 per equity share i.e. 30%.

2012

  • Arati S. Dudhawale was appointed as the Company Secretary and also acted as the Compliance Officer of the Company.
  • Balaji Amines Ltd was awarded best manufacturer-exporter at ECGC-D & B Indian Exporter Excellence Awards 2012.

2013

  • Balaji Amines inaugurated a five-star hotel, Balaji Sarovar Premiere, on October 12, 2013.
  • BAL was awarded by Chemexcil for Outstanding Export Performance.

2014

  • BAL recommended the payment of an annual dividend of Re.1/- per equity share i.e 50%.

2021

  • Commissioning of the first phase of the Green field project of the company at Unit - IV, MIDC, Chincholi, Solapur.

2022

  • Commencement of commercial production of DMC at MIDC, Chincholi, Solapur.

2024

  • The Company commenced commercial production of a new Methylamines plant.

2025

  • Balaji Amines commenced commercial production/operations of ISOPROPYLAMINE.