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AMINES & PLASTICIZERS LTD

AMINES & PLASTICIZERS FZE :
The Company has incorporated a wholly owned subsidiary ‘Amines & Plasticizers FZE’ in Ras Al Kha mah, Freei
Trade Zone in UAE with a view to extend its business reach internationally particularly in the Middle-East
countries, Europe and United Arab Emirates. The said subsidiary has been incorporated for dealing and trading
in Specialty Chemicals and other Alkanolamines products in those regions. The operations in the said Company
is expected to commence with the advent of orders from potential global clients.

International Organization for Standardization (ISO) Compliance :
Amines is one of the oldest chemical companies to achieve ISO quality management system certification way
back in 1999. Over a period of time, it has achieved and upgraded to Quality ISO 9001: 2015, Environment ISO
14001: 2015 and Occupational Safety Management System ISO 45001: 2018.
DetailsoftheabovementionedcertificationsareelaboratedintheDirectors’Report.

TfS(TogetherforSustainability) :
As reported earlier, APL had joined TfS (Together for Sustainability) forces by successfully going through TfS
Assessment and Audit conducted byTfS approved auditing agency,an initiative taken by 19 European Multinational
Chemical Companies. The initiative is created to increase transparency with regard to sustainability standards in
supply chains. The mission is to support in managing complexity and risks in increasingly global operations and
improving the economic, social and ecological conditions in global supply chains by engaging in dialogue with the
suppliers.
Further,the Company has also obtained registration under REX (Registered Exporter) for obtaining concessional duty
forimportsfromIndiatoEuropeanUnion,Norway,SwitzerlandandTurkey.

GREENINITIATIVE :
Asaresponsiblecorporatecitizen astepthatCompanycantakeinprotectionandconservationoftheEnvironmentis,
by reducing the consumption of papers and paper correspondence with the Stakeholders through electronic mode.
The Shareholders are requested to register their e – mail ID with Registrar and ShareTransfer Agent of the Company to
support the Green Initiative of the Company if the shares are held in physical form and with their Depository
Participants where the shares are held in demat form.As a part of Green Initiative and larger reach the Annual Report,
of the Company and all major corporate communication would be uploaded on the Company’s website:
www.amines.comforinformationandperusal.

E-voting :
Pursuant to the provisions of the Companies Act,2013 read with rules made there under and the Listing Obligations,
the Company has been with the assistance of Central Depository Services (India) Limited (CDSL) providing remote
evoting (voting from a place other than the venue of the Annual General Meeting) to its shareholders.The facility of E-
voting can be availed by all the Shareholders having their shares in dematerialized form as well as in physical form.
Detailed procedure for e-voting is mentioned in the Notes to the Notice of the 44th Annual General Meeting of the
Company.

INDUSTRYSTRUCTUREANDDEVELOPMENT :
During the year under review,the Indian Economy grew moderately as compared to the previous year due to various
factors.The growth of Indian economy was moderate which is approximately 1% lower than the previous year.The
chemical industry in India is a key constituent of Indian economy. In terms of value and production volume, Indian

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MANAGEMENT DISCUSSION AND ANALYSIS