All Independent Directors and CFO of Balaji Amines resign

In a surprise announcement, Balaji Amines informed the following – All five independent directors of the Company – Mr. Naveena Thammishetty Chandra, Mr. Kashinath Revappa Dhole, Mr. Satyanarayana Murthy Chavali, Mr. Amarender Reddy Minupuri and Mrs. Vimala Behram Madon have resigned as Independent Directors of the Company from the closing hours on 20th May, 2023; … Read more

Promoter partners investor for majority in Camlin Fine

Camlin Fine Sciences (CFS) currently has a promoter group shareholding of only 17.55%. Balance 38.73% is owned by institutions and remaining 43.72% by public. Of 17.55% promoter, 8.66% is owned by Ashish Dandekar Of 38.73% institutional, 21.1% is owned by Mauritius based long term investor Infinity Group. Both of them have decided to join together … Read more

Reliance commits first investment in the MENA region

Reliance has partnered with Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) to invest $2 billion in setting up a petrochemical production facility in the UAE. Key pointe to note – TA’ZIZ is aimed at developing economic competitiveness of UAE. TA’ZIZ comprises of three main zones: the TA’ZIZ Industrial Chemicals Zone (TICZ, chemicals production), TA’ZIZ Light … Read more