A-1 Ltd, a chemical trading and logistics company based in Ahmedabad, has entered into a tri-party supply agreement with GNFC and Solar Industries for the supply of 10,000 metric tonnes of concentrated nitric acid. This agreement is set to run from November 2025 to March 2026.
The agreement involves Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) as the manufacturer, while Solar Industries India Limited and its group companies will serve as the buyer and end user.
A-1 Ltd will act as the dealer for this transaction. The arrangement includes a provision for additional quantities by mutual consent, reinforcing A-1 Ltd's role in the industrial chemicals supply chain.
Mr. Harshadkumar Patel, Chairman and Managing Director of A-1 Ltd, stated that this agreement strengthens the company's presence in the industrial chemicals sector and enhances its role as a trusted distribution and marketing partner.
In addition to the nitric acid supply agreement, A-1 Ltd has secured an order worth ₹127.5 crore for the supply of 25,000 MT of industrial urea (automobile grade) from Sai Baba Polymer Technologies.
The order, valued at ₹150.45 crore including GST, aims to boost the company's operating revenue and expand its presence in the automotive chemicals value chain.
A-1 Ltd has sought approval from its members via remote e-voting and postal ballot for several corporate actions, including a 3:1 bonus issue and a 10:1 stock split. The company's board has also approved an increase in authorised share capital from ₹20 crore to ₹46 crore.
Additionally, the company plans to expand its business into the import and distribution of sports equipment and the manufacturing of pharmaceutical products for international markets.
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As of December 15, 2025, at 9:54 AM, A-1 share price on BSE was trading at ₹1,957.25 up by 5.00% from the previous closing price.
The tri-party supply agreement with GNFC and Solar Industries marks a significant development for A-1 Ltd, highlighting its strategic partnerships and expansion efforts in the chemical sector. The company's recent corporate actions and new orders further underscore its growth trajectory.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Dec 15, 2025, 10:23 AM IST
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