Diamines & Chemicals has said that the members, at the 29th Annual General Meeting (AGM) held on 9 August 2005, inter alia, have accorded their approval to the following:

1. Adoption of profit & loss account for the year ended 31 March 2005, the balance sheet as at that date together with the notes and schedules along with the report of the directors and the auditors thereon.

2. Declaration of dividend of 25% on 65,22,160 equity shares of Rs 10 each for the year ended 31 March 2005.

3. Re-appointment of G G Chendwankar & Rajendra Chhabra as directors of the company, liable to retire by rotation.

4. Re-appointment of C C Choksi & Co, Chartered Accountants, Ahmedabad as statutory auditors of the company to hold office from the conclusion of this Annual General Meeting (AGM) until the conclusion of the next AGM.