Bansisons Tea Industries Ltd — Important, 22-08-2026: Company Update

The company, formerly Bansisons Tea Industries Limited, has successfully changed its name to Novyra Pharmachem Limited. This change reflects a strategic expansion into the pharmaceutical, life sciences, and contract services sectors. The company will now focus on manufacturing, processing, and global trading of active pharmaceutical ingredients (APIs), bulk drugs, intermediates, and specialty chemicals. It also signifies an expanded focus on advanced research laboratories, eco-efficient green chemistry practices, and offering comprehensive contract research (CRO) and contract development and manufacturing (CDMO) services. This move signals a significant pivot in the company's business strategy.