BSECompany Update1d ago · 23 Jul 2026, 06:40 pm
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed press release titled "Update - Completion of Project for supplies against long term supply agreement".
Excel Industries Ltd · 500650
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Excel Industries Ltd announces the completion of a project for supplies against a long-term supply agreement, with a dedicated setup commissioned and a trade advance received. The project was completed on 23rd July 2026, as per the timelines agreed with the customer.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Excel Industries Ltd - 500650 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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: Press Release
Ref: BSE Scrip Code: 500650; NSE Scrip Code: EXCELINDUS
Dear Sir / Madam,
Pursuant to Regulation 30 and other applicable regulations, if any, of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Press
Release titled “Update - Completion of Project for supplies against long term supply
agreement” which shall be issued by the Company.
The copy of Press Release will also be available on the website of the Company i.e.
www.excelind.co.in
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
Investor Release
Update – Completion of Project for supplies against long term
supply agreement
Mumbai, 23 July 2026 :
On 13th November 2025, Excel Industries had announced the signing of a binding term
sheet with a leading Indian specialty chemicals company for supply of a specialty
chemical. The supply period is 5 years. The indicated income net of Raw Material Costs
was Rs 35 – 40 Cr per annum
The Company had mentioned at that time, that it would be commissioning a dedicated
setup for effecting the above supplies with an estimated CAPEX of ~ Rs 40 Cr. It was
also mentioned that the Company would receive a trade advance of Rs 25 Cr from the
customer.
The Company is pleased to announce that the project for production of the specialty
chemicals for supplies under the long-term supply agreement has been successfully
completed on 23rd July 2026, as per the timelines agreed with the customer.
Commenting on this development, Mr. Ravi Ashwin Shroff – Managing Director said,
“We are pleased to announce the successful completion of the project for production
for supplies against the long term supply agreement on 23rd July 2026. The project has
been completed as per the timelines agreed with the customer. This achievement
underscores our execution abilities and our commitment towards fulfilling the
customer expectations. This achievement will further strengthen our position as a
reliable contract manufacturing partner, whilst diversifying our revenue base.
We are hopeful that this will set the base for more opportunities for the company in
the contract manufacturing space.
About Excel Industries Ltd:
Excel Industries Limited is a pioneer of India’s indigenous chemical technologies and
waste management practices. It is one of the oldest players in the domestic chemical
manufacturing fraternity. It specializes in Agro Chemical Intermediates, Specialty
Chemicals, Polymer Inputs and Pharmaceutical API & Intermediates. It has 3 state-of-
the-art large scale manufacturing sites in Roha, Lote and Vishakhapatnam.
Contact Details
Excel Industries Limited Investor Relations: MUFG Intime India Private Limited
CIN: L24200MH1960PLC011807 Ms. Pooja Swami | Ms. Payal Dave
+91 9860202359 |+91 9819916314
Mr. Devendra Dosi, CFO
pooja.swami@in.mpms.mufg.com | payal.dave@in.mpms.mufg.com
Devendra.dosi@excelind.com
Safe Harbor Statement
Any forward-looking statements about expected future events, financial and operating results of the Company are
based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are
subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or
implied. Important developments that could affect the Company’s operations include a downtrend in the industry,
global or domestic or both, significant changes in political and economic environment in India or key markets
abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and
business income, cash flow projections,interest, and other costs. The Company does not undertake any obligation
to update forward-looking statements to reflect events or circumstances after the date thereof.