Anupam Rasayan India Ltd will acquire a 24.96% stake in Tanfac Industries Ltd from Birla Group Holdings and other promoters for Rs 148.14 crore, and will launch an open offer for an additional 26% from public shareholders.
Anupam Rasayan India Limited received and signed contracts from two multinational companies to supply life sciences related specialty chemicals over a five-year tenure, valued at approximately INR 540 crore.
Anupam Rasayan India Limited received a letter of intent from a top ten multinational life sciences company to supply life sciences related specialty chemicals for five years. The estimated contract value is Rs. 1,100 crore.
The CABB Group completed the sale of a 100% equity stake in its US-based production site Jayhawk Fine Chemicals Corporation to Anupam Rasayan India Ltd for $150 million.