Business News
1 min read | Updated on March 05, 2025, 14:01 IST
SUMMARY
Global Surfactants entered into a strategic partnership with global customers to provide EPC services for a surfactants and specialty ingredients plant overseas. The collaboration aligns with its growth vision to expand in focused markets. Shares closed at ₹2,225.25.
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Shares of Global Surfactants closed at ₹2,225.25, up 2.84% on the National Stock Exchange (NSE) on Wednesday.
Global Surfactants on Wednesday, March 5, entered into a strategic partnership with its global customers through its group companies.
In a regulatory filing, the company said it will provide Engineering, Procurement and Construction (EPC) services for a performance surfactants and specialty ingredients manufacturing plant at an overseas location.
“The company is also in advanced stage of discussions to enhance this collaboration post-commissioning of the Plant,” it said.
However, the company did not divulge any financial details and terms and conditions of the agreement.
“This strategic initiative is in alignment with our Growth Vision to expand geographical footprint into our focused markets,” Global Surfactants further said.
The firm also aims to enhance strategic collaboration with its global customers.
“This is also a testimony to our ability to build deep customer relationships based on the foundation of 4Cs viz. Character, Competence, Competitiveness and Comfort,” it added.
Shares of Global Surfactants closed at ₹2,225.25, up 2.84% on the National Stock Exchange (NSE) on Wednesday.
The company touched its 52-week low at ₹2,072.05 on Monday, March 3, 2025.
It has a total market capitalisation of ₹7,947.89 crore as of March 5, 2025, on the NSE.
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