DGFT places Balaji Amines in Denied Entity List for export obligation violation

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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

-3.1%Reaction day

₹2122.10

prior close

₹2050.10

announcement price

In-mkt

timing

Nifty Microcap 250market-1.3%-1.8% vs market

Specialty Chemicals peers, median of 99sector-1.1%-2.0% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.0 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

-0.0

15m

-0.3

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-1.3-1.8-1.1-2.0

Next day

-7.6-1.3-6.3-1.5-6.1

+7.0+0.0+7.0+0.3+6.7

+1.2-0.2+1.4+0.4+0.7

-1.7-3.0+1.3-2.0+0.3

-3.4-2.7-0.7-2.4-1.1

-1.7-1.7-0.0-1.3-0.4

15d

-14.9-8.9-6.1-8.6-6.4

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 99Pending

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

AI summary

Balaji Amines disclosed that the Joint DGFT, Pune placed the company in the Denied Entity List under license 3111001781 via an order dated August 13, 2024, for alleged violation of Export Obligation under the Foreign Trade Act, 1992. Company says no material impact on financials or operations. Disclosure was delayed and submitted after SEBI's letter dated Sept 29, 2026.

Likely market impact

Regulatory action but company claims no material financial or operational impact; Denied Entity List status may restrict future trade benefits.