Balaji Amines Share Price Gains Over 12% After Securing Eligibility Certificate for Incentives Scheme

Balaji Amines Limited has announced the receipt of an eligibility certificate from the Directorate of Industries, Government of Maharashtra.  

This certification pertains to the company's expansion under the Mega Projects category of the Package Scheme of Incentives 2013. 

Details of the Incentives Scheme 

The eligibility certificate, dated January 2, 2026, was received by Balaji Amines on January 7, 2026. It confirms the company's qualification for various incentives under the scheme.  

These include an Industrial Promotion Subsidy (IPS) amounting to ₹25,800.87 lakh. This subsidy is applicable to 50% of the State Goods and Services Tax (SGST) payable on the sale of eligible finished products within Maharashtra. 

Additionally, the company will benefit from an electricity duty exemption and a 100% exemption from stamp duty payments. These exemptions are valid for a period of 7 years, from January 1, 2024, to December 31, 2030. 

Significance of the Eligibility Certificate 

The eligibility certificate is a significant milestone for Balaji Amines, as it allows the company to leverage substantial financial benefits.  

These incentives are designed to support the expansion of its Unit-4 at Plot No. F-104, Chincholi MIDC, Tal. Mohol, Dist. Solapur. 

Read More: Government Approves Nutrient-Based Subsidy Rates for Rabi 2025–26! 

Government Support for Industrial Growth 

The Package Scheme of Incentives 2013 is part of the Maharashtra government's efforts to promote industrial growth and development.  

By offering financial incentives, the scheme aims to attract investments and boost economic activity in the region. 

Balaji Amines Share Price Performance  

As of January 08, 2026, at 2:01 PM, Balaji Amines share price on NSE was trading at ₹1,207.90 up by 12.84% from the previous closing price. 

Conclusion 

Balaji Amines' receipt of the eligibility certificate under the Package Scheme of Incentives 2013 marks a pivotal development in its expansion plans. The financial benefits, including the ₹25,800.87 lakh subsidy, underscore the support provided by the Maharashtra government to foster industrial growth. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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