Excel Industries Limited (EXCELINDUS) — Announcement | 23 July 2026(4 announcements)

Excel Industries announced plans to commission a 1265 MTPA specialty chemical facility at its Lote site by February 2027, investing Rs 5.05 crores internally, targeting both domestic and international markets.

Excel Industries announced plans to commission a 1265 MTPA specialty chemical facility at its Lote site by February 2027, requiring Rs 5.05 crores funded through internal accruals, aiming to diversify its portfolio and expand into domestic and international markets.

Excel Industries announced completion of a project for a long-term specialty chemical supply agreement on 23 July 2026, achieving commissioning ahead of schedule and securing a Rs 25 crore trade advance. The project, part of a 5-year contract with a leading Indian specialty chemicals company, targets net annual revenue of Rs 35-40 crore and required approximately Rs 40 crore in capital expenditure. This milestone strengthens the company's contract manufacturing position and diversifies revenue streams, marking a key step in its growth strategy within the specialty chemicals segment.

Excel Industries announced completion of a dedicated manufacturing setup for specialty chemicals, enabling contract manufacturing and supply to an Indian specialty chemicals company. The project, previously disclosed in November 2025, involves an expected annual income of ₹35-40 crores (net of raw material cost) and estimated capital expenditure of ~₹40 crores. The company confirmed successful commissioning on 23 July 2026, marking a strategic expansion into contract manufacturing for high-value chemical segments.