SADHNANIQBSESadhana Nitro Chem LtdHighPositive
Announced Thu, 28 May · 15:05 IST

We wish to inform you that the Company has entered into a long-term supply contract with a Japanese multinational customer for international supply of a speciality chemical product manufactured ....

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AI summary

Sadhana Nitro Chem Ltd has entered into a long-term supply contract with a Japanese multinational customer for exporting a speciality chemical product. The contract has a firm committed value of approximately Rs. 108 crores over two years, bringing the company's confirmed order book to above Rs. 200 crores. The customer identity is not disclosed due to commercial sensitivity and non-disclosure obligations. The contract is for international supply, making this an export deal for the speciality chemicals manufacturer.

Likely market impact

This is a positive development as the company secures a major international customer and significantly strengthens its order book. The two-year firm commitment of Rs. 108 crores provides revenue visibility. The deal with a Japanese multinational validates the company's capability to serve global specialty chemical markets.