Anupam Rasayan India Limited has informed the Exchange regarding a press release dated Jun 12, 2025, titled "Anupam Rasayan Signs LOI with with E Lyte Innovations and FUCHS LUBRICANTS GERMANY
ANURAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Anupam Rasayan has signed a Letter of Intent (LOI) with German firms E-Lyte Innovations GmbH and FUCHS Lubricants Germany GmbH to supply up to 1,500 tonnes per annum of Lithium Hexafluorophosphate (LiPF6), a key electrolyte salt used in lithium-ion batteries. The initial contract term is 5 years, with commercial deliveries likely starting from FY 2026-27. This marks Anupam's entry into the lithium-ion battery chemicals market, positioning it as one of the first commercial manufacturers of LiPF6 in India. The company highlighted raw material security through its subsidiary Tanfac Industries Ltd, which provides backward integration in fluorine chemistry. The LOI is with international entities and is not a related party transaction.
Positive for shareholders — this opens a new high-growth revenue stream in the battery chemicals space, diversifies earnings away from agro and life science specialties, and validates the company's manufacturing capabilities with major European partners. The stock may see positive sentiment, though actual revenue contribution will only begin from FY27.