MoU15 Apr 2026, 09:54 am
TANFAC Signs ₹1,250 Cr MoU for 5,000 MT Fluorinated Product Supply
AI Summary
TANFAC Industries Ltd. has signed a Memorandum of Understanding (MoU) with a large multinational company for the supply of 5,000 MT per annum of a key fluorinated product. The estimated value of this MoU is ₹1,250 crores over a period of five years, commencing from January 1, 2027. The supply will cater to both domestic and export markets. This agreement is not a related party transaction, and no promoter/promoter group has an interest in it.
Key Highlights
- MoU for 5,000 MT/annum fluorinated product supply.
- Estimated value of ₹1,250 crores over five years.
- Agreement with a large multinational company.
- Supply commences January 1, 2027.
- Covers both domestic and export markets.