This is a regulatory disclosure pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, detailing the outcomes of a Board of Directors meeting.

The Board meeting was held on Tuesday, May 26, 2026, at the company's registered office in Dombivli (E), Thane, Maharashtra. The meeting commenced at 03:15 PM and concluded at 05:00 PM.

The following matters were considered and approved:

1. Financial Results: The Board approved the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2026. The audit reports contained an unmodified opinion, as required under Regulation 33(3)(d) of the SEBI LODR Regulations and SEBI Circular no. CIR/CFD/CMD/56/2016.

2. Dividend Declaration: The Board recommended a Final Dividend of 10% i.e., Re. 0.50 (Fifty Paisa) per equity share on the face value of Rs. 5/- each for the financial year ended March 31, 2026. This recommendation is subject to the approval of members at the ensuing 33rd Annual General Meeting (33rd AGM).

3. Auditor Appointments:

  • Re-appointment of M/s. Gangan & Company, Cost Accountants, as Cost Auditor for the financial year 2026-27.
  • Re-appointment of M/s. V. V. Rane & Co., Chartered Accountants, as Internal Auditor for the financial year 2026-27.

4. Management Re-appointment: Re-appointment of Mrs. Bharati Vijay Palkar (DIN: 00136185) as a Whole-Time Director of the Company for a further period of 3 years with effect from July 20, 2026, subject to shareholder approval. The disclosure confirms that the Nomination and Remuneration Committee and the Board verified that she is not debarred from holding the office of Director by any SEBI order or other authority.

5. Employee Stock Option Plan (ESOP) Grant: Based on the approval of the Nomination and Remuneration Committee, the Board granted 5,60,000 (Five Lakh Sixty Thousand) Stock Options under the Indo Amines Limited Employee Stock Option Plan 2025 to eligible employees.

Details of ESOP Grant (Annexure-6):

The grant is in terms of SEBI (SBEB) Regulations, 2021.

  • Total Options Granted: 5,60,000
  • Exercise Price: Rs. 10/- (Rupees Ten) per Stock Option.
  • Vesting Period: Minimum of 1 year, extendable up to 5 years from the date of grant.
  • Exercise Period: Maximum of 1 year from the date of vesting of each option.
  • Vesting Schedule: The options will vest in five installments:
  • a. 10% after 12 months from the grant date.
  • b. 15% after 24 months from the grant date.
  • c. 20% after 36 months from the grant date.
  • d. 25% after 48 months from the grant date.
  • e. 30% after 60 months from the grant date.
  • The disclosure states that diluted earnings per share pursuant to the issue of shares on exercise of these options is "Not Applicable" at this time.