In a Regulation 30 filing dated April 27, 2026, the Solapur-based specialty chemicals company said its plants had been placed in a partially non-operational phase due to restricted ammonia availability, impacting output across key ammonia-based product lines. The disruption was first disclosed on March 12, when the company flagged supply constraints arising from geopolitical tensions in the Middle East.
The company now noted that ammonia availability is improving, allowing it to progressively resume production of methylamines, ethylamines, and their derivatives. It added that it continues to closely monitor the situation and is in active discussions with alternative suppliers to ensure long-term raw material security.
Following the update, shares of Balaji Amines rose, touching an intraday high of ₹1,323.25 (~$15.90) on the NSE on April 28. At 11:44 am, the stock was trading marginally higher at ₹1,308.25 (~$15.70). The stock has gained around 20 per cent year-to-date and nearly 9 per cent over the past week.
ALCHEMPro News Desk (JP)
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