Balaji Amines Ltd has informed that the Board of Directors of the Company at its meeting held on July 29, 2010, inter alia, has approved the following:

1. To subdivide each and every one of the issued equity shares of the Company of the nominal value of Rs. 10/- (Rs. Ten) each fully paid up into 5 (Five) equity shares of Rs. 2/- (Rs. Two) each fully paid up subject to the approval of members of the Company at the ensuing Annual General Meeting.

2. To conduct Postal Ballot under Section 192A of the Companies Act seeking approval of Members for creating Mortgage and/or charge on movable and immovable properties of the Company under Section 293 1(a) of the Companies Act, 1956.

3. Appointed Mr. P. S. RAO, Practicing Company Secretary, Hyderabad as Scrutinizer for conducting postal ballot for the above matters.

4. Approved the Calendar of events for postal ballot and authorized Mr. G. Hemanth Reddy, Director of the Company for carrying out the above mailers.