Indo Amines up 20% on US Environmental Protection Agency nod

Moneycontrol BureauShares of Indo Amines has locked at 20 percent upper circuit as it has got a US Environmental Protection Agency approval for selling its 10 products in the US market.There were pending buy orders of 86,160 shares, with no sellers available.The company's board meeting will be held on November 12, to consider the proposal for approval of un-audited financial results for the quarter and half year ended September 30, 2016.The board will also consider the draft scheme of amalgamation between its wholly owned subsidiary company, Classic Oil and the company.At 09:20 hrs Indo Amines was quoting at Rs 80.45, up Rs 13.40, or 19.99 percent on the BSE.It has touched a 52-week high of Rs 80.45.Posted by Rakesh Patil