Anupam USA LLC will belong to the chemical industry, which is similar to the main line of business of the company.
Anupam Rasayan will make a capital investment of $10,000 in Anupam USA, LLC.
Anupam Rasayan India is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India. Its business verticals are life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.
The company's consolidated net profit slipped 57.09% to Rs 18.41 crore on 24.62% decrease in net sales to Rs 295.52 crore in Q3 FY24 over Q3 FY23.
The scrip rose 0.04% to trade at Rs 950.20 on the BSE.