Alkyl Amines Chemicals Limited has informed the Exchange regarding Change in Auditors of the company.
ALKYLAMINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 2.6 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Alkyl Amines Chemicals reported strong FY25 audited results on May 9, 2025. Revenue from operations grew 9% to Rs. 1,571.82 crore (from Rs. 1,440.61 crore), while profit after tax rose about 25% to Rs. 186.14 crore (from Rs. 148.87 crore). EPS for the year stood at Rs. 36.40 versus Rs. 29.13 last year. The board recommended a final dividend of Rs. 10 per share (500%) on the Rs. 2 face value shares, subject to shareholder approval. Despite the headline about a 'change in auditors,' the statutory auditor (N. M. Raiji & Co.) continues unchanged and gave an unmodified (clean) opinion. What changed is the appointment of new internal auditors (Aneja Assurance for 3 years) and a new secretarial auditor (P. Mehta & Associates for 5 years).
Positive for shareholders: strong revenue and profit growth of around 25% in PAT, a generous 500% final dividend, and a clean audit report. The auditor changes are routine and do not signal any governance concerns.