Amines & Plasticizers506248Capital raise announcement

Circular for unsecured deposits in Form DPT-1 sent to members; up to Rs. 2,500.00 Lakhs proposed

Circular in Form DPT-1 inviting unsecured deposits sent to shareholders on November 04, 2026.

By ScoutQuest · Wed 4 Nov 2026, 7:53 PM IST · 2 min read

A circular in Form DPT-1 inviting unsecured deposits from shareholders, together with the statutory auditors' certificate, the deposit scheme and the application form.
It was sent on November 04, 2026 by email to members whose email addresses are registered with the Registrar and Share Transfer Agent or Depository Participant, and by speed post to the others.
The circular, scheme and form are also available on the company's website.

Only resident members of the company. A duly filled and signed form with the supporting documents and a cheque or bank draft is mandatory, and this applies to existing depositors and their nominees applying afresh as well.
The scheme is non-cumulative: interest is paid for each calendar quarter, at the end of the quarter or the previous business day if the quarter ends on a holiday, by direct credit, ECS, RTGS, NEFT or cheque into the sole or first-named depositor's account.
Minimum deposit is Rs. 50,000/-, and additional amounts can be in multiples of the same.
Interest is 8.00% p.a. for one year, rising to 9.00% p.a. for three years.

The maximum the company can raise as deposits, computed on paid-up share capital and free reserves, is ~Rs. 100.76 crore.
The amount proposed to be raised from members is Rs. 2,500.00 Lakhs.
Deposits already outstanding as at September 30, 2026 were Rs. 11,21,00,000/-, held by 59 depositors.
The stated objects are to finance working capital requirements and general corporate purposes.

The deposits are unsecured and unrated, and no charge has been created for securing them.
They rank pari passu with the company's other unsecured liabilities, and repayment is not guaranteed by the Central Government.
The auditors' certificate states that the company has not defaulted in repayment of deposits or payment of interest during the period examined, and the circular records no default in statutory dues, debentures or bank/financial institution loans.
The directors state that the board is satisfied on the affairs and prospects of the company and that it will be able to meet its liabilities as they fall due.

Shareholders approved the resolution at the 51st Annual General Meeting held on September 23, 2026; the board resolution is dated September 30, 2026.
The scheme opens only after the mandatory gap following update with the Registrar of Companies, and the circular is valid until September 30, 2027 or the date of the 52nd Annual General Meeting, whichever is earlier.

For a shareholder, this is an invitation to lend money to the company on fixed terms, not an equity instrument; the return is the stated interest and the capital is exposed to the company's ability to repay.
The interest rate, unsecured status and unrated status are the main things to weigh before deciding.

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