Diamines and Chemicals Limited inform that the Company has received a letter dated May 23, 2023 from the Petroleum and Explosives Safety Organization (PESO), on May 31, 2023 proposed Expansion of Synthetic Organic Chemicals in existing manufacturing unit of M/s. Diamines and Chemicals Limited at plot No. 13, PCC Area, P.O. Petrochemicals, Vadodara. Petroleum Chemical Storage of Class A and Class C for setting up Proposed Expansion of Synthetic Organic Chemicals in existing manufacturing unit ln Category including schedule no 5(f) Synthetic organic chemicals industry (dyes & dye intermediates; bulk).

Considering PESO as a permission to store petroleum product to manufacture new products and will contribute to increase in total production capacity. Valid up to December 31, 2032.