Nutricircle Ltd — Important, 24-07-2026: Company Update

Nutricircle Limited has signed a Memorandum of Understanding (MOU) with the Institute of Chemical Technology (ICT), Mumbai, to establish research and development programs. This collaboration, funded by Nutricircle with 0.27 Cr, focuses on R&D for functional proteins from vegetable market biomass. The goal is to develop a scalable process for extraction, purification, and commercialization. Key terms include joint 50/50 ownership of intellectual property created. This strategic partnership aims to drive innovation in protein extraction, potentially creating new product opportunities and enhancing the company's market position.