Nexxus Petro Industries Ltd — Important, 14-04-2026: Company Update

Nexxus Petro Industries has secured a CSIR-CRRI & CSIR-IIP certified license for its proprietary bio-bitumen technology, KrishiBind™. This positions the company to benefit from India's push for indigenous bitumen as import costs surge nearly 40% due to global volatility. India imports 54% of its bitumen, totaling 6 million tonnes annually. The government is promoting bio-bitumen from agricultural waste to reduce this dependence. As one of only 15 licensed producers, Nexxus Petro is strategically poised to supply its certified KrishiBind™ bio-binder, tapping into growing demand from road construction and infrastructure projects driven by government initiatives. This shift towards sustainable, domestically produced alternatives offers a significant opportunity for the company.