The renewal is in accordance with the automatic renewal clause agreed upon by the parties in the long-term agreement.

Anupam Rasayan India Limited, one of India’s leading custom synthesis & specialty chemical players, has announced that the company has renewed long term contract worth revenue of Rs 436 crores with one of the leading German multinationals for supply of patented life science specialty chemical for the next 3 years on exclusive basis.

This renewal is in accordance with the automatic renewal clause agreed upon by the parties in the long-term agreement signed three years ago, following the completion of the original contract duration of three years.

The company mentioned that we anticipate the volumes of this molecule to increase beyond the minimum offtake volumes, considering the high-growth end market. MNCs, showcasing the trust the renewed contract not only solidifies our position as a reliable supplier but also highlights our position as a reliable supplier but also highlights our agility in meeting the evolving needs of clients. This contract renewal, along with recently signed LOIs assures the consistent and steady growth trajectory of the company.