Carysil has informed that the Company entered into an agreement with KARRAN INC., USA (Karran) for the supply of Quartz kitchen sinks to fulfill requirements of new major U.S. home retail chain. The key terms of its agreement are as follows: • Carysil will dedicate the production of minimum capacity of 150,000 Quartz sinks per annum, commencing in May-2025 for this new Customer. • To support this commitment, initial investment of ~USD 510,000 in molds, machinery and utilities will be made.
The above information is a part of company’s filings submitted to BSE.
