Meghmani Organics rises on bagging supply contract worth $100 million.

Meghmani Organics advanced 2.99% to Rs. 118.90 after the company announced the signing of a supply agreement for 5 years with one of the leading Global Agrochemical Company.
In an exchange filing made during market hours today, the company said that it has signed a supply agreement with one of the leading Global Agrochemical Company for supply of specific agrochemical products for a period of 5 years.
The total agreement value is approximately $100 million.
The Meghmani Group manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber. It also manufactures a wide variety of commonly used pesticides for crop and non-crop applications. The latter includes insect control in wood preservation and food grain storage.
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