Indo Amines Subsidiary Diluted to Associate Company

Indo Amines did not participate in Indo Speciality Chemicals' rights issue, diluting its stake from 51.39% to 39.39%.
Indo Speciality Chemicals Private Limited ceases to be a subsidiary and is reclassified as an associate company effective 30th March, 2026.
No consideration was received; the change is limited to reclassification with no material operational impact stated.