Indian Emulsifiers Signs Rs. 500 Crore MoU With Spice Lounge Food Works

Signed non-binding 5-year MoU with Spice Lounge Food Works for exclusive India offtake, branding and distribution of upcoming food-grade emulsifiers covering entire 200 MT/month output, with counterparty-estimated Rs500 cr revenue potential over first 3 years subject to commissioning and definitive agreement. Context: offtake for Feb-acquired food-grade shed.