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Revised Press Release.
Aether Industries Ltd · 543534
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Aether Industries Ltd has collaborated with Dow Chemical International Pvt. Ltd. to develop new manufacturing technologies for silicones. The program will be executed at Aether's R&D and pilot facilities in Surat, Gujarat. This collaboration represents a milestone in advancing domestic innovation and has the potential for long-term commercialization and industrial-scale manufacture of technologies developed through the program.
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Aether Industries Ltd - 543534 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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July 31, 2026
Ref. No.: AIL/SE/24/2026-27
BSE Limited National Stock Exchange of India
Phiroze Jeejeebhoy Towers, Limited
Dalal Street, Fort, Exchange Plaza,
Mumbai-400001, MH. Bandra Kurla Complex, Bandra (E),
Mumbai-400051, MH.
Scrip Code: 543534
Symbol: AETHER
Dear Madam/ Sir,
Subject: Press Release Intimation
In accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith the Press Release titled “Aether Industries and
Dow Chemical International Private Limited Collaborate on Research Program to Advance
Silicone Manufacturing Technology Development in India”.
We request you to kindly take this information on your records.
Thank you.
For Aether Industries Limited
Chitrarth Rajan Parghi
Company Secretary & Compliance Officer
Mem. No.: F12563
Encl.: As annexed
Page 1 of 2
Aether Industries Limited
Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India.
Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434
Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India.
AETHER INDUSTRIES LIMITED
NSE: AETHER | BSE: 543534
PRESS RELEASE — FOR IMMEDIATE RELEASE
Aether Industries and Dow India Collaborate on Research Program to
Advance Silicone Manufacturing Technology Development in India
Surat, July 31, 2026
Aether Industries Limited (NSE: AETHER, BSE: 543534), one of India’s leading specialty chemical manufacturers
and provider of contract research and manufacturing services (CRAMS), and Dow Chemical International Pvt. Ltd.
(Dow India) today announced the launch of a collaborative research program to develop new manufacturing
technologies for silicones.
Silicones are a strategically important class of high-performance materials with applications across construction,
mobility and transportation, electronics, healthcare, and personal care. This program will facilitate in creating a
substantial opportunity for indigenous technology development and manufacturing.
The program will be jointly executed by the two companies, with all research and pilot-scale development being
carried out at Aether’s R&D and pilot facilities in Surat, Gujarat.
This collaboration represents one of India’s dedicated collaborative research programs focused on developing new
manufacturing technologies for silicones, marking an important milestone in advancing domestic innovation. The
agreement also establishes a framework for a long-term strategic partnership, including the potential
commercialization and industrial-scale manufacture of technologies developed through the program.
Commenting on the collaboration, Dr. Aman Desai, Co-Founder and Director, Research and Operations, Aether
Industries, said: “We are delighted that Dow has chosen Aether as its exclusive research partner for this pioneering
program. The collaboration brings together Aether’s core chemistry and technology competencies with Dow, one of
the global leaders in silicone applications. We are confident this partnership will deliver innovative manufacturing
technologies while creating a long-term platform to address India’s rapidly expanding silicone materials market.”
“This collaboration strengthens Dow’s ability to bring materials science innovation closer to high-growth markets and
evolving customer needs,” said Brendy Lange, President of Dow Performance Materials & Coatings. “By
combining capabilities, we see an opportunity to accelerate innovation and create differentiated silicone solutions for
customers in India and beyond.”
“Innovation is most valuable when it advances future ready growth.” said Dr. Mukund Parthasarathy, Business
Vice President of R&D, Dow Performance Materials & Coatings. “Through this collaborative approach, we can
move faster from science to scalable technologies, helping address market demand while unlocking future business
opportunities in silicones.”
“India’s growing demand for advanced materials presents a strong opportunity to develop differentiated technologies
closer to the market,” said Siddhartha Ghosal, Country President of Dow India. “This program brings together
strengths to create value for customers, support local innovation, and enable broader access to high-performance
silicone solutions across industries.”
Page 2 of 2
Aether Industries Limited
Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India.
Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434
Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India.