Submission of intimation under Regulation 30 (LODR) Regulations, 2015.
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Astal Laboratories Limited (formerly Macro International Limited) has received the EU's REACH Compliance Certificate, which allows it to export specialty chemicals and advanced intermediates to European Union markets in line with EU chemical safety standards. Following this, a Swiss-based distributor has issued a Letter of Intent (LOI) to buy 60 tonnes of Piroctone Olamine from the company, with deliveries scheduled between December 2025 and June 2026. The company, headquartered in Noida with its corporate office in Hyderabad, highlighted that the certification strengthens its regulatory standing and has already translated into commercial interest. The COO, Mr. Nikhil Chintalapati, described the development as opening the European market for compliant, high-quality specialty chemical products.
Positive for shareholders — the REACH certification unlocks access to high-value EU markets and the LOI from a Swiss distributor signals early commercial traction, potentially boosting export revenues and order book visibility over the next two quarters.