Exclusive Purchase and Marketing Agreement for Para Nitro Benzoic Acid (PNBA)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chemcrux Enterprises Ltd has signed a 3-year exclusive purchase and marketing agreement with Deepak Nitrite Ltd, a major listed chemical company, for Para Nitro Benzoic Acid (PNBA), effective 21st May 2025. Under the deal, Deepak Nitrite and/or its subsidiary Deepak Chem Tech will supply raw materials, Chemcrux will manufacture PNBA, and Deepak Nitrite will handle marketing. The financial size of the deal is tied to market demand and has not been disclosed. There are no related-party or promoter-group interests involved.
This is a positive development for Chemcrux as it secures an exclusive long-term partnership with a large, well-established chemical player, providing visibility on raw material supply and an offtake channel through Deepak Nitrite's marketing network. For shareholders, it strengthens the company's business profile and revenue stability, though the actual financial impact remains undisclosed.