Excel Industries Limited Enters 5-Year Supply Arrangement with Indian Specialty Chemicals Company, Estimated Revenue of Rs 35-40 Cr p.a.

Excel Industries Limited, a leading specialty chemicals producer, has signed a binding term sheet with a leading Indian specialty chemicals company for the supply of a Specialty Chemical. The supply period is 5 years with an estimated revenue generation of Rs 35-40 Cr p.a. The company will commission a dedicated line for the supplies and expects to commission the plant in June 2026. The estimated CAPEX for the project is ~ Rs 40 Cr. The company will receive Rs 25 Cr as trade advance from the customer. This arrangement is a testament to Excel's dedication to excellence and its ability to deliver high-quality products.