BSETANFAC Industries Ltd-$MediumPositive
Announced Fri, 28 Nov · 09:58 IST

Press Release

Order Above 5pct RevenueBusiness Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TANFAC Industries has secured a contract from Krishna Organics (Vadodara) to supply Solar Grade Diluted Hydrofluoric Acid, valued at approximately INR 336 Crores (excluding GST). The supply contract runs over 3.5 years and extends up to financial year 2028-29. TANFAC, a joint sector company between TIDCO and Anupam Rasayan India Ltd, is a leading producer of Hydrofluoric Acid and its derivatives. The company says this order reflects continued trust from industry partners and strengthens its position in the chemical manufacturing sector.

Likely market impact

This is a sizable multi-year revenue order for TANFAC, providing revenue visibility through FY29 and supporting its specialty chemicals business, which is likely to be viewed positively by investors as it adds to order book strength and growth visibility.