Punjab Chemicals has secured 3 exclusive MOUs with overseas customers for high-value agrochemical products & intermediates, aiming for commercialization within 12-18 months.

The company plans a strategic investment of approx. Rs. 60 crore to build two new manufacturing blocks at its existing site.

This expansion is designed to meet rising demand and commercialize new products for Japanese and European markets.

Management anticipates sales from this segment could reach Rs. 120-150 crore over the next two to three years, significantly bolstering the top line.

The company is also scouting a new site for future growth.