Balaji Amines rallies 13% post getting ₹258 Cr incentives approval from Maha govtBalaji Amines rallies 13% post getting ₹258 Cr incentives approval from Maha govt

Introduction

Leading chemical manufacturer receives Eligibility Certificate under Maharashtra’s Package Scheme of Incentives-2013 for Unit-4, qualifying for subsidies, SGST rebate, electricity duty, and stamp duty exemptions until 2030.

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Share price movement of Balaji Amines

On January 8, 2026, Balaji Amines Ltd opened at ₹1,101.05, up 2.68% from its previous close of ₹1,072.55. The stock reached a high of ₹1,213.40 (13.09%) and a low of ₹1,101.05 (2.68%). By 12:48 PM, it traded at ₹1,175.05, a 9.56% increase, with a market cap of ₹3,807.28 crore.

Balaji Amines Gets Maharashtra Incentives

Balaji Amines Limited received an Eligibility Certificate from the Directorate of Industries, Maharashtra, for Unit-4 at Chincholi MIDC. The certificate was issued on January 2, 2026, and received on January 7, 2026.

The unit qualifies under the Package Scheme of Incentives-2013 for Mega Projects. Benefits include Rs. 258.01 crore Industrial Promotion Subsidy, 50% SGST tax rebate, electricity duty exemption, and full stamp duty exemption until December 31, 2030.

Stock performance of Balaji Amines for Period of 1 week, 6 months, and 1 year

Balaji Amines Ltd delivered a -3.53% return over the past week, -40.4% over the past six months, and -38.5% over the past one year.

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Shareholding pattern of Balaji Amines

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	54.60%	54.60%	54.60%
FII	4.50%	5%	5.10%
DII	1.50%	1.50%	1.50%
Public	39.40%	39.00%	38.80%

About Balaji Amines

Balaji Amines Ltd (NSE: BALAMINES) manufactures methylamines, ethylamines, specialty chemical derivatives, and pharma excipients, serving pharmaceutical, pesticide, and other industries as one of India’s largest aliphatic amines producers.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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