Neogen Chemicals Launches QIP with ₹2,189.73 Floor Price for Battery Material Pivot
Neogen Chemicals Limited has officially opened its Qualified Institutional Placement (QIP) with a floor price of ₹2,189.73 per share to bolster its expansion into the lithium-ion battery chemicals sector. This fundraise follows a 34.04% year-on-year surge in quarterly revenue and is intended to provide financial flexibility for large-scale capital expenditure projects.
IOLCP Unveils ₹495 Crore Expansion Plan: 50% Ibuprofen Capacity Boost and CDMO Entry
IOL Chemicals and Pharmaceuticals (IOLCP) has initiated a multi-pronged ₹495 crore expansion strategy at its Barnala facility to solidify its global leadership in Ibuprofen and diversify into higher-margin segments. The plan includes a massive 50% capacity hike for its core Ibuprofen product alongside the launch of new CDMO and specialty chemical verticals.
SK Minerals & Additives Partners with Italy's iPOOL s.r.l. for Flame-Retardant R&D
SK Minerals & Additives Limited has signed a strategic technical and commercial collaboration agreement with Italy-based iPOOL s.r.l. The partnership aims to accelerate research and development in flame-retardant additives and compounds, specifically targeting the electric vehicle and wire and cable sectors.
Vipul Organics Commences Production at Sayakha Plant; Capacity to Reach 3,600 TPA
Vipul Organics Limited has transitioned its greenfield manufacturing hub in Sayakha, Gujarat, from construction to commercial operations. The milestone involves consolidating pigment manufacturing from its Tarapur facility to this modern integrated base to enhance operational efficiency.
Jyoti Resins & Adhesives Reports 17% Revenue Growth in Q1 FY27 Amid Margin Pressure
Jyoti Resins and Adhesives Ltd reported a 17% year-on-year revenue increase to ₹877.1 million for Q1 FY27, driven by robust volume growth and price adjustments. While a 60% surge in raw material costs temporarily compressed EBITDA margins, the company expects a significant recovery in the second quarter.
Neogen Chemicals Q1 FY27 Revenue Surges 34 Percent to ₹250 Crore; Raises FY27 Guidance
Neogen Chemicals delivered a robust Q1 FY27 performance with revenue growing 34% YoY to ₹250 crore and PAT surging 67%. The company transitioned key capital investments into revenue-generating assets, prompting management to raise standalone FY27 revenue guidance and approve a ₹600 crore QIP for de-leveraging.
Epigral Limited to Invest ₹600 Crore for New Epoxy Resin Facility in Dahej
Epigral Limited has approved a capital expenditure of ₹600 Crore to establish a new manufacturing facility for Epoxy Resin & Formulations and a Multi-Purpose Plant at its Dahej site. This strategic expansion leverages the company's existing production of Epichlorohydrin to deepen its presence in the specialty chemicals segment.
Tatva Chintan Pharma Chem Commences New Greenfield Unit at Dahej-III in Gujarat
Tatva Chintan Pharma Chem Limited has initiated the construction of a new greenfield manufacturing unit at Dahej-III in Gujarat. The groundbreaking ceremony marks a significant step in the company's strategy to scale its production capacity to meet rising global demand for specialty chemicals.
Tatva Chintan Pharma Chem Approves Rs 200 Crore Greenfield Expansion in Gujarat
Tatva Chintan Pharma Chem Limited has announced a significant greenfield expansion at the Dahej-III Industrial Estate in Gujarat with a total investment of Rs 200 Crore. The project aims to install 344 kilolitres of reactor capacity to address the projected growth in global demand for specialty chemicals.