BALAMINESNSEBalaji Amines Limited· Chemicals & PetrochemicalsHighNegative
Announced Mon, 13 Apr, 2026 · 18:08 IST

Balaji Amines Limited has informed the Exchange about Intimation of Resignation of Senior Management Personnel of the Company.

Kmp ResignedManagement Changes View source PDFExplain this filing

BALAMINES · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+4.2%Reaction day
₹1085.20
prior close
₹1103.95
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+2.5%+1.7% vs market
Specialty Chemicals peers, median of 91sector+2.3%+1.9% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.9 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.4
10m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+4.2+2.5+1.7+2.3+1.9
Next day
+5.5+3.7+1.8+3.6+1.9
2d
+5.3+5.0+0.4+4.2+1.1
3d
+5.0+4.4+0.7+3.7+1.4
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+10.8+5.5+5.3+4.9+6.0
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+12.6+6.9+5.7+5.6+7.0
1w
+15.4+5.1+10.3+4.3+11.1
15d
+41.4+12.0+29.3+10.2+31.1
1m
+55.9+7.6+48.3+7.7+48.2
2m
+92.0+13.7+78.3+7.4+84.6
3m
+112.5+18.7+93.8+7.4+105.1
UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 91Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Laxman Vishnudas Limkar has resigned as Senior Assistant General Manager and Factory Manager of Balaji Amines Limited with effect from 11th April 2026. The resignation was received on 13th April 2026 and was submitted due to personal reasons. The resignation letter was originally dated 16 January 2026, indicating the notice period was served over approximately three months. This is a senior management personnel (KMP) level role, responsible for factory operations. The company has disclosed this under SEBI's Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

While this is not a top-level executive departure, the Factory Manager role is operationally significant for a chemicals manufacturing company like Balaji Amines. Investors should monitor whether a suitable replacement is appointed promptly to ensure smooth factory operations continuity.