Diamines & Chemicals Board Approves ₹40 Cr Investment in Subsidiary

Diamines & Chemicals Ltd announced the outcome of its Board Meeting held on August 05, 2026. The board approved an additional investment of ₹40 Crores in its wholly-owned subsidiary, to be funded through cash accruals and liquid funds. The investment will be made via unsecured loan, debenture, equity, or preference shares, aimed at meeting the subsidiary's capital and operational expenditure. The company also noted substantial completion of its current project, with commercial production pending optimization of the distillation process. Additionally, 2127 equity shares were allotted under the ESOP 2021 scheme, increasing the paid-up capital. The Board also approved the discontinuation of the company's Trading Division in the farming industry due to lack of business.