Balaji Amines, a manufacturer of specialty chemicals, has received an approval to make further investment in Balaji Greentech Products. Subsequent to this investment, Balaji Greentech Products will become a subsidiary of the company. The company has also received an approval for disinvestment of its holding in Balaji Sourcings.
Earlier, the board at its meeting held on July 30, 2012 had discussed and approved for disinvestment of its holding in Balaji Sourcing and Balaji Greentech Product, which has been revised now.
Balaji Greentech Product, a highly progressive organization, is one of the successful verticals of Balaji Amines Group of companies.
Balaji Amines is engaged in manufacturing of methylamines, ethylamines, derivatives of specialty chemicals and natural products. The company also manufactures derivatives, which are downstream products for various Pharma /Pesticide industries apart from user specific requirements.