Balaji Amines Ltd: Denied Entity List Action by DGFT

Balaji Amines Ltd has disclosed an order dated August 13, 2024, from the Director General of Foreign Trade (DGFT) placing the company on the Denied Entity List. This action is due to a violation of Export Obligation. The company received the order on August 13, 2024, and has been assigned license number 3111001781. Balaji Amines states that there is no material impact on its financials, operations, or other activities. The delay in disclosure was attributed to the company's initial view that the letter did not fall under the ambit of SEBI's disclosure regulations. A SEBI letter dated September 29, 2026, prompted the current submission.