Shares of Anupam Rasayan India Ltd were trading 2% higher on Tuesday, 11 March, after the company announced signing a Rs 922 crore deal with a Korean MNC. 

In its regulatory filing, the company said that it had signed a 10-year letter of intent (LoI) with a Korean multinational that is recognised for its leadership in speciality chemicals for a total consideration of $106 million (Rs 922 crore) for a high-performance niche chemical expected to be supplied from FY26.

This 10-year partnership affirms the company’s expertise in delivering advanced chemical solutions and strengthens its presence in high-growth global markets. 

Gopal Agrawal, CEO of Anupam Rasayan, said, “Securing this long-term LoI with a global industry leader is a testament to our strong R&D capabilities and commitment to innovation. The specialty chemical covered under this agreement has niche applications in the aviation and electronics sectors. With our robust backward integration capabilities, we ensure a stable and efficient supply chain, offering reliability and consistency to our global customers.”

Gopal added that expanding into South Korea is another significant geographical milestone for the company, positioning them for long-term growth in one of the world’s most advanced manufacturing hubs. 

Anupam Rasayan is a prominent player in India’s speciality chemicals industry, specialising in custom synthesis (CSM) and manufacturing.

Established in 1984, the company operates in two key segments: Life Science Specialty Chemicals, which include products for agrochemicals, personal care, and pharmaceuticals, and Other Specialty Chemicals, covering speciality pigments, dyes, and polymer additives.

Serving a broad customer base, both in India and globally, Anupam Rasayan currently supplies products to over 71 domestic and international clients, including 31 multinational corporations.

However, at 2:13 pm, the shares of Anupam Rasayan were trading 0.31% lower at Rs 785.50 on NSE. 

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