Under the scheme, Balaji Amines is eligible for Industrial Promotion Subsidy of up to Rs 258 crore. The subsidy is linked to 50% of the SGST payable on sales of eligible finished products within Maharashtra.

The company will also benefit from electricity duty exemption. It has been granted a 100% waiver on stamp duty as well.

These incentives will be available for seven years. The period runs from 1 January 2024 to 31 December 2030.

Balaji Amines is engaged in the activity of manufacture and sale of Aliphatic Amines, speciality chemicals and its derivatives.

On a consolidated basis, net profit of Balaji Amines declined 15.67% to Rs 34.56 crore while net sales declined 1.82% to Rs 340.55 crore in Q2 September 2025 over Q2 September 2024.