Vasundhara Rasayans Ltd — Important, 28-05-2026: Company Update

The company's Board has approved a Memorandum of Understanding cum Loan-Lease Agreement with its Holding Company, PandJ Cretechem Private Limited. This agreement establishes a new manufacturing arrangement for Active Pharmaceutical Ingredients (APIs) at the Holding Company's facility in Dahej, Gujarat. This strategic move addresses the earlier termination of the company's prior manufacturing facility lease, ensuring continuity in API production. The Audit Committee also endorsed this related-party transaction, confirming it was executed on an arm's length basis. This update is vital for securing the company's operational capabilities.