£0 Ami Organics Limited

CIN No. : L24100GJ2007PLC051093

Registered Office :- Plot No. 440/4, 5 & 6, Road No. 82/A, G.L.D.C. Sachin, Surat - 394230, Dist. Surat, Gujarat, India.

Date: April 29, 2022

To,

The Listing Department, BSE LIMITED,

Phiroze Jeejeebhoy Towers, Dalal Street, Fort

Mumbai- 400 001

Scrip Code : 543349

To,

The Listing Department

National

Stock

Limited,

Exchange

Plaza,

C-1,

G-Block,

Bandra

Mumbai

Disclosure

-400051

Exchange of India 5 Floor, Plot No.

Kurla Complex,

NSE Symbol : AMIORGSubject : Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Requirements) Regulations, 2015.

Dear Sir/Madam,

In furtherance to our intimation under Regulation

30 of SEBI (Listing Obligation and

Disclosure Requirements) Regulations, 2015 dated December 23, 2021 w.r.t disclosure of transfer of production operations of speciality chemical business at Ankleshwar facility to Jhagadia facility and the proposed capex plan, we would like to inform that the Board of Directors of Company has finalised and approved the Capex Plan for Ankleshwar Unit at its meeting held on April 28, 2022.

The Capex plan of Ankleshwar Unit entails an outlay of INR 190 crores to build a brownfield plant to support the future business growth of the company's advanced pharmaceutical

intermediates segment. The existing structure of Ankleshwar

demolished and a new Plant will be built onnecessary environmental clearance total reactor capacity to 436KL. The

the

land.

The

and

the

new

facility

will

the

plant

is

start

from

Ankleshwar unit has received have ~90 reactors taking commercial operations

expected to

Unit will be completely

January 2024. The Capex will be funded through a mix of General Corporate funds of IPO proceeds, internal accruals, and bank finance.

This is for your kind information and dissemination.

Yours faithfully,

For, AMI ORGANICS LIMITED

IBi beria

CS Ekta Kumari Srivastava

Company Secretary & Compliance Officer

©

Info@amiorganics.com

&wy

www.amiorganics.com

QS +91 72279 77744 / 75730 15366

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Ami Organics Ltd. published this content on 29 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2022 06:41:01 UTC.