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AMINES & PLASTICIZERS LTD

Book Closure Date. The Dividend for the year ended 31st March, 2019 is subject to the approval of
Shareholders at the 44th Annual General Meeting of the Company to be held at Guwahati, Assam and will be
paid on or after 26th September, 2019. If approved by the Shareholders at the said Annual General Meeting,
the Dividend will absorb ` 198.99 Lakhs inclusive of Tax on Dividend of ` 33.93 Lakhs to be borne by
the Company. During the year under review, your Company transferred a sum of ` 33.40/- Lakhs to the
Debenture Redemption Reserve (Previous Year: 33.40/- Lakhs) and no amount was transferred to General`
Reserve.

SHARE CAPITAL :
The Authorised Share Capital of the Company is ` 16,01,00,000/- (Rupees Sixteen Crores One Lakh only)
comprising of Equity Share Capital of ` 1350.00 Lakhs and Preference Share Capital of ` 251.00 Lakhs.
The paid up Equity Share Capital of the Company is 1100.40 Lakhs divided into 55020000 Equity Shares`
of 2/- each. During the year under review, the Company has neither issued shares with differential voting`
rights nor granted any stock options or sweat equity. As on 31st March, 2019, none of the Directors of
the Company hold instruments convertible into equity shares of the Company.

EXPORT :
During the year under review, the revenue from Export of products was ` 19334.92 Lakhs as compared
to 11035.49 Lakhs in the previous year. The demand for the Company’s products was much higher during`
the year under review from international markets. The export-oriented products are pre-registered under
REACH compliances whereas other products will be registered as and when required.
SUBSIDIARY COMPANIES :

APL INFOTECH LTD

As you are aware, APL Infotech Ltd is engaged in association with IIT, Powai, Mumbai, in devising a Software
product for pipe leak detection known as “PAnORaMA” which has various versions based on its utility. It
analyses flow, pressure and other data to detect a leak accurately within specified performance parameters.
One of the version is PAnORaMA LDS, which is a customized LDS (Leak Detection System) application for a
network. It is a real time version of PAnORaMA and is useful for pipe network operators. PAnORaMA Academic
software, is another version of the main software, which is used for engineering education sector, namely
colleges with chemical, mechanical and civil engineering departments. The Company has been making
constant efforts to reach out to various customers and has tied up with marketing agencies to market this
product. The concept of a pipe leak detection software is one of its kind and hence facing difficulties finding
its utility. As on date, the Company has no operations but is working on various commercial propositions and
confident of obtaining break through.
AMINES & PLASTICIZERS FZE, UAE - Wholly owned Subsidiary

As reported earlier, the Company has incorporated a wholly owned subsidiary – Amines & Plasticizers FZE in
Ras Al Kha imah, Free Trade Zone , UAE with a view to expand its business operations in the Middle East, Europe
and United Arab Emirates. The banking operations of the said subsidiary started during the year, after which
the Company has subscribed to the Share Capital in the said Company. The said subsidiary has been
incorporated for dealing and trading in Specialty Chemicals and other Alkanolamines products in Middle East,
United Arab Emirates and Europe. The operations in the said Company will be commenced with the advent
of orders from potential clients in the said regions.

The affairs of the subsidiaries have been reviewed by the Board of Directors of the Company. Pursuant to
Section 129 (3) of the Companies Act, 2013, consolidated accounts of the Company and all its subsidiaries
have been prepared, which is a part of the Annual Report. A statement containing the salient features of the

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BOARDS REPORT