Stories

Excel Industries: Disclosure Under Regulation 30 SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

This is with reference to disclosure made on 12th November 2025 pursuant to provisions of Regulation 30 read with Schedule III Part A para B of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 with respect to signing of a binding term sheet with an Indian Specialty Chemicals Company for the contract manufacturing and supply of specialty chemicals with an expected annual income (net of raw material cost) of Rs 35-40 Cr. We had also intimated that we would be commissioning a dedicated setup to cater to the supplies at estimated CAPEX of Rs. 40 Cr. As an update we are pleased to inform you that the project has been successfully completed on 23rd July 2026