Anupam Rasayan, a prominent player in custom synthesis and specialty chemicals in India, has recently signed a Letter of Intent (LOI) with a leading Japanese specialty chemical company. The agreement entails a projected revenue of $265 million (Rs 21.86 billion) over the course of the next five years. The purpose of this partnership is to … Read more
Anupam Rasayan India Ltd, a chemical manufacturer, announced on Thursday that it has signed a letter of intent (LoI) worth $182 million (Rs 15 billion) with a leading Japanese multinational to produce and supply three high-value specialty chemicals. New Molecules for Specialised Polymers and Liquid Crystals The three molecules to be manufactured by Anupam Rasayan … Read more
Anupam Rasayan, a leading manufacturer of specialty chemicals in India, has signed a memorandum of understanding (MoU) with the Government of Gujarat to set up three new chemical plants. The company will invest Rs. 67 billion in the brownfield expansions, which will be located in Surat and Bharuch in Gujarat. The plants are expected to … Read more
Anupam Rasayan India Limited., a Indian specialty chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 4.7% to Rs 415.69 million for the period ended Sept 30, 2022 as against net profit of Rs 396.87 million for the previous quarter. Net sales increased … Read more
Anupam Rasayan India announced the signing of two contracts with one of the leading European agrochemicals companies for supplying two new life science related specialty chemicals. According to the contract, the company will provide these products for the next three years. These specialty chemicals will be produced at its current production facilities. “We are pleased … Read more
Anupam Rasayan India Ltd’s board approved the acquisition of 24.96% stake in Tanfac Industries from Birla Group Holdings Private Limited and others for Rs 1.48 billion. “The board of directors has approved the acquisition of 24.96% of the total equity shareholding of and joint control of Tanfac Industries Limited (TIL) from Birla Group Holdings Private … Read more
Anupam Rasayan India Ltd, India’s leading custom synthesis & speciality chemical player, has signed Letter of Intent (LOI) worth Rs 145 crores ($19.6 million) with existing long-term European multinational supplier of new life science related active ingredients. The company will enter into a long-term contract for next three years to supply this life science related … Read more
Anupam Rasayan India Ltd has received and signed Letter of Intent (LOI) amounting Rs 135 crore ($18.5 million) with a Japanese Multinational Chemical company for supplying a life science related speciality chemical product. The specialty chemicals firm will enter into a long-term contract with the Japanese multinational firm for next four years to supply this … Read more
Anupam Rasayan India Ltd, a specialty chemicals manufacturer based in India announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit grew 113.3% to Rs 22.14 ($3 million) for the period ended March 31, 2021 as against a net loss of Rs 10.38 crores ($1.4 million) … Read more
Anupam Rasayan Ltd, an Indian speciality chemicals company, said on Wednesday it has received a letter of intent worth Rs 1,100 crore ($148.6 million) from one of the top 10 multinational life sciences company. The company will provide multiple products in life sciences related specialty chemicals for the next five years. “Securing order from a … Read more
Anupam Rasayan, a specialty chemicals manufacturer based in Gujarat India, has filed its draft red herring prospectus with the capital market regulator of India, SEBI for Rs 760 crore ($103.3 million) initial public offering (IPO). Anupam Rasayan intends to use the proceeds mainly for debt repayment. The company has decided to reserve a portion for … Read more