NSEArrangements for strategic, technical, manufacturing, or marketing tie up3d ago · 23 Jul 2026, 06:29 pm
Arrangements for strategic, technical, manufacturing, or marketing tie up
Excel Industries Limited · EXCELINDUS
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Excel Industries Limited has successfully completed a project for contract manufacturing and supply of specialty chemicals, with an expected annual income of Rs. 35-40 Cr, and has commissioned a dedicated setup with an estimated CAPEX of ~ Rs 40 Cr.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Excel Industries Limited has informed the Exchange about Arrangements for strategic, technical, manufacturing, or marketing tie up
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EXCELINDUS_23072026182911_Disclosure_to_the_Stock_Exchanges_23rd_July_2026_signed.pdf
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IS/ISO9001:2015
IS/ISO14001:2015
Excel Industries Ltd.
ISI/ISO 45001:2018
Certifiedby BIS.
23rd July, 2026
Certifiedby BIS.
BSE Ltd. National Stock Exchange of
Listing Department, India Ltd.
Pheeroze Jeejeebhoy Towers, Listing Department,
Dalal Street, Exchange Plaza,
Fort, Mumbai-400 001 Bandra-Kurla Complex,
Bandra (E), Mumbai-400 051
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Ref: BSE Scrip Code: 500650; NSE Scrip Code: EXCELINDUS
Dear Sir / Madam,
This is with reference to disclosure made on 12th November 2025, pursuant to provisions of
Regulation 30 read with Schedule III Part A para B of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, with respect to signing of a binding term sheet
with an Indian Specialty Chemicals Company for the contract manufacturing and supply of
specialty chemicals, with an expected annual income (net of raw material cost) of Rs. 35-40
Cr. We had also intimated that we would be commissioning a dedicated setup to cater to
the supplies at estimated CAPEX of ~ Rs 40 Cr.
As an update, we are pleased to inform you that the project has been successfully completed
on 23rd July 2026.
The above is submitted pursuant to Regulation 30(7) of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as an update
on the material event previously submitted by the Company.
Kindly take the information on record.
Thanking You,
For Excel Industries Limited
Surendra Singhvi
Company Secretary
Chemicals Business / Environment & Biotech Division Excel Industries Limited
Polymer Inputs / Pharmaceuticals Intermediaries/Veterinary API’s 184-87, S. V. Road, Jogeshwari (West), T: 91-22-66464200
Mumbai-400102, Maharashtra, India. W: http://www.excelind.co.in
CIN: L24200MH1960PLC011807