Vijaypd Ceutical Bags Rs30 Crore API Order; Shares Hit 52-Week High.
India, April 30 -- Vijaypd Ceutical Limited announced on April 30, 2026, that it has entered into a strategic Memorandum of Understanding (MoU) with Ann Finechem LLP. The agreement outlines a framework for the bulk purchase and sale of specific Active Pharmaceutical Ingredients (APIs), specifically Lumefantrine and Artemether.
Under the terms of the agreement, Ann Finechem LLP proposes to purchase these APIs in bulk quantities amounting to Rs. 30.2 crore over a period of one year. The MoU serves as a framework for issuing formal Purchase Orders, which will detail product specifications, quantities, and delivery schedules. This collaboration is intended to establish a consistent supply chain and leverage the technical expertise of both pa...
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