Sunshield Chemicals has informed that that the Company has renewed supply contract executed with Elantas GmbH Germany, for a further period of 5 years to supply THEIC product. Based on Current market conditions and potential business recovery in EU and US, the value of Contract could be in the range of Rs 17 Crores to Rs 25 Crores for a 12 months period.
The above information is a part of company’s filings submitted to BSE.