DIAMINES & CHEMICALS LTD.-$

DACL Fine Chem Limited, a wholly-owned subsidiary of Diamines & Chemicals Ltd, has signed a binding term sheet with Kakinada SEZ Limited to acquire approximately 50 acres of freehold industrial land in Auro Industrial Park, Kakinada, Andhra Pradesh. The land will be used to set up a new chemical plant. The total consideration for the land is ₹40 crores (₹28 crores for Tranche 1 and ₹12 crores for Tranche 2), subject to final measurement. The term sheet is valid until June 30, 2027, with a definitive agreement to be negotiated separately. This move signifies a significant expansion for the company's manufacturing capabilities.

Diamines & Chemicals Ltd has announced the closure of its trading window for designated persons, their immediate relatives, and connected persons. This closure will be effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The company will provide a separate intimation regarding the date of the board meeting where these financial results will be considered.

Diamines & Chemicals Ltd, through its Registrar and Share Transfer Agent MUFG Intime India Private Limited, has launched its second "Saksham Niveshak" campaign. This 100-day initiative, running from April 1, 2026, to July 9, 2026, aims to encourage shareholders to claim unpaid dividends and update their Know Your Customer (KYC) details. Shareholders holding shares in physical mode need to submit KYC forms like ISR-1, ISR-2, SH-13, or ISR-3, while those in electronic mode must provide a self-attested copy of their Client Master Copy with updated bank details. Unclaimed dividends not claimed within seven years are transferred to the Investor Education and Protection Fund (IEPF).

Diamines & Chemicals Ltd has received trading approval from NSE and BSE for 2,69,402 equity shares of Rs. 10/- each. These shares were allotted pursuant to the conversion of warrants issued on a preferential basis. The shares are listed and admitted to dealings on the exchanges effective June 12, 2026. This allotment increases the company's listed capital to Rs. 10,05,33,920, comprising 1,00,53,392 fully paid equity shares.

Diamines & Chemicals Ltd reported a deviation in the utilization of funds raised through preferential issue for the quarter ended March 31, 2026. The company raised ₹50.58 Cr and utilized ₹12.51 Cr as of March 31, 2026, for capital expenditures, working capital, acquisition, technology investment, and general corporate purposes. The company allotted 906,390 convertible warrants on October 1, 2024, and 269,402 equity shares on March 24, 2026, upon warrant conversion.

Diamines & Chemicals Ltd. announces the re-appointment of Mr. Tanmay Godiawala as Executive Director for 3 years from February 6, 2027, and Mr. Rajendra Chhabra as Non-Executive Professional Director for 3 years from November 6, 2026, both subject to member approval. Additionally, M/s S S Puranik & Associates, M/s CNK & Associates LLP, and M/s. K. C. Mehta & Co. LLP have been re-appointed as Cost Auditor, Internal Auditor, and Tax Auditor respectively for the financial year 2026-27.

Diamines & Chemicals Ltd. has announced its audited financial results for the quarter and year ended March 31, 2026. The board also approved the reappointment of Mr. Tanmay Godiawala as Executive Director and Mr. Rajendra Chhabra as Non-Executive Director. Additionally, they approved the remuneration for Mr. Chhabra and appointed new Cost, Internal, and Tax Auditors. The trading window, which was closed from April 1, 2026, will reopen on May 21, 2026.

The Board of Directors of Diamines & Chemicals Ltd approved the reappointment of Mr. Tanmay Godiawala as Executive Director and Mr. Rajendra Chhabra as Non-Executive Director. It also approved Mr. Chhabra's remuneration exceeding 50% of total non-executive director compensation for FY26-27 and 27-28. Additionally, the board appointed M/s S S Puranik & Associates as Cost Auditor, M/s CNK & Associates LLP as Internal Auditors, and M/s. K. C. Mehta & Co. LLP as Tax Auditors for FY 2026-27. The board also approved remuneration payable to Non-Executive Directors by way of commission on net profits for FY 2026-27 to 2030-31.

Diamines & Chemicals Ltd has scheduled a Board of Directors meeting on May 18, 2026, to consider and approve the Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2026.

Diamines & Chemicals Ltd. has announced the forfeiture of ₹ 8,79,04,344/- from the non-exercise of the option to convert warrants. The company had allotted 9,06,390 convertible warrants, each convertible into one fully paid-up equity share, for an issue price of ₹ 552/- per warrant. Out of these, 6,36,988 warrants were not converted within 18 months from the date of allotment, i.e., on or before March 31, 2026, leading to their lapse and the forfeiture of the initial subscription amount of ₹ 138/- per warrant. The total amount forfeited is ₹ 8,79,04,344/-. The reconciliation of warrants as of date shows that 2,69,402 warrants were converted by promoters and non-promoters, while 6,36,988 warrants lapsed.