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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 its key fluorinated product. The deal is valued at an estimated Rs. 1,250 crores over a period of five years, starting from 1st January 2027. The supply will be both for exports and domestic markets. The company has confirmed that this is not a related party transaction and that no promoter or group companies have any interest in the agreement.
This is a significant long-term supply contract that provides revenue visibility for TANFAC over the next five years. The Rs. 1,250 crore deal with a large multinational company is a strong positive signal for the company's future earnings and business prospects.