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Sigachi Industries gets LoI from Grasim Industries

24 Dec 2021 Evaluate

Sigachi Industries has received Letter of Intent (LoI) from Grasim Industries (Aditya Birla Group), for the operations and management of the three Chlorine Product Plants- SBP-48 TPD, CPW-30TPD & MCAA-20TPD. The agreement shall be for an amount of 20 crore and will be valid for a period of 3 years. 

Sigachi Industries is an industry leader in the field of Pharma Excipients, Nutra and food ingredients. The company has rapidly established itself as one of the largest manufacturers of Microcrystalline Cellulose worldwide.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.00
Dr. Reddys Labs. 1149.75
Cipla 1361.00
Lupin 2055.35
Zydus Lifesciences 1099.00
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