TANFAC Industries Ltd signs contract with Krishna Organics

TANFAC Industries Limited is pleased to announce its latest achievement in securing a significant contract for the supply of Solar Grade Diluted Hydrofluoric Acid to Krishna Organics based in Vadodara. The contract, which spans up to the financial year 2028-29, is valued at an estimated INR 336 Crores, exclusive of GST. The order will be executed over 3.5 years as per mutually agreed specifications between both parties.

Commenting on the development, Afzal Malkani, Director, said, "We are delighted to secure this esteemed order, which demonstrates the continued trust reposed in TANFAC by leading industry partners. This achievement reaffirms our position as a vital player in the chemical manufacturing sector and supports our commitment to meeting the evolving needs of our customers with consistency and integrity."

Shares of TANFAC INDUSTRIES LTD. was last trading in BSE at Rs. 3901.75 as compared to the previous close of Rs. 3882.35. The total number of shares traded during the day was 2202 in over 331 trades.

The stock hit an intraday high of Rs. 3923.90 and intraday low of 3861.00. The net turnover during the day was Rs. 8573261.00.

Source : Equity Bulls

Keywords

TANFACINDUSTRIES INE639B01015 CommodityChemicals Contract KrishnaOrganics Vadodara