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ANNUAL REPORT 2018 - 2019

consolidated financial statements and related information of the Company and audited accounts of its subsidiary
are available on the Company’s website www.amines.com. These documents will also be available for inspection
during the business hours on every working day at the Registered Office in Guwahati, Assam, India till the date of
the Annual General Meeting of the Company.
In accordance with the provisions of the Companies Act, 2013 (‘the Act) and applicable provisions of Indian
Accounting Standards on Consolidated Financial Statements, your Directors also provide the Audited Consolidated
Financial Statements in the Annual Report.
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS BY COMPANY :

Details of Loans, Guarantees and Investments covered under the provisions of Section 186 of the Companies Act,
2013 are given in detail in the Notes to Financial Statements.
DEPOSITS :

The Company has not accepted or renewed any Deposits during the year under review and there is no unpaid or
unclaimed deposits lying with the Company. However, the Company had by means of Postal Ballot taken approval
fromtheMembersoftheCompanyforacceptanceofDepositsfromMembersunderSection73oftheCompaniesAct,
2013 and rules made thereunder in the month of March, 2019. Your Company had filed DPT 1 (Circular Inviting
Deposits)withRegistrarofCompanies,Shillong,Assamandsubsequentlysentthesametoallitsshareholdersthrough
the permitted modes. The main object of raising funds through deposits was to finance the capital expenditure
requirementforexpansionandothergeneralcorporatepurposesoftheCompany.

NON CONVERTIBLE DEBENTURES(NCDs)- :

The Secured Non-Convertible Debentures (NCDs) issued by the Company stands at its original issue value being
RupeesThirteen Crores andThirty-Five Lakhs as on March 31,2019.The said NCDs were issued on a private placement
basis in March 2015 for a period of Ten years and are fully secured. The Company has been timely and regularly
servicing interest to its Debenture holders on a quarterly basis. During the year under review, no Call and/or Put
optionswereexercised.

RELATED PARTY TRANSACTIONS(RPTs) :

All Related PartyTransactions are first placed before the Audit Committee for its prior / omnibus approval which are of
a foreseen and repetitive nature and thereafter referred to the Board.The transactions entered into with the related
parties are at arm’s length and in the ordinary course of business and are in accordance with the provisions of the
Companies Act, 2013 read with rules made thereunder and Regulation 23 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015. There were no material related party transactions entered into by the
Company during the financial year which attracted the provisions of Section 188 of the Companies Act, 2013. The
requisite disclosure,if any in Form AOC – 2 is furnished in Annexure 2. All related party transactions are mentioned in
the Notes to the Financial Statements and also disclosed to Stock Exchange on half yearly basis pursuant to clause
23(9)ofSEBI(ListingObligationsandDisclosureRequirements)Regulations,2015.Noneofthetransactionswithanyof
related parties were in conflict with the Company’s interest.The policy on Related Party and Material Related Party is
put up on the website of the Company viz. http://www.amines.com/pdf/policies/Policy-on-Related-Party-
Transaction.pdf

MATERIALCHANGESANDCOMMITMENTSAFFECTINGTHEFINANCIALPOSITIONOFTHECOMPANY :
There have been no material changes and commitments affecting the financial position of the Company which have
occurred between the end of the financial year of the Company to which the financial statements relates and the date
oftheReport.

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BOARDS REPORT