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Balaji Amines shares fall 4% after Iran war disrupts ammonia supply

Published on 13/03/2026 09:28 AM

Balaji Amines shares fall 4% after Iran war disrupts ammonia supplyBalaji Amines said some of its key raw material suppliers have invoked the force majeure clause amid the ongoing geopolitical tensions, according to a regulatory filing.By Meghna Sen  March 13, 2026, 9:28:22 AM IST (Updated)2 Min ReadShares of Balaji Amines Ltd. opened as much as 4% lower in trade on Friday, March 13, after the company said the ongoing conflict in the West Asia has significantly disrupted global shipping routes, logistics networks and supply chains.

The company said some of its key raw material suppliers have invoked the force majeure clause amid the ongoing geopolitical tensions, according to a regulatory filing.

The disruption has affected the supply of liquefied natural gas (LNG), a critical input used in the production of ammonia by fertiliser manufacturers in India.

As a result, several ammonia producers have indicated their inability to supply the product during this period due to force majeure conditions.

Consequently, Balaji Amines is facing major logistical challenges in procuring ammonia, which is a key raw material used in the production of methylamines, ethylamines and their derivatives. The shortage has arisen primarily due to the non-availability of ammonia in the market.

Due to the supply disruption, some of the company's plants are currently non-operational. The company said the financial and operational impact of the raw material shortage cannot be assessed at this stage.

Balaji Amines added that it is closely monitoring the situation and is in discussions with suppliers to explore alternative sourcing options for ammonia.

The company will update the exchanges on any further material developments.Continue ReadingFirst Published: Mar 13, 2026 9:20 AM ISTTagsBalaji Aminesshare market today