Mumbai, June 17 -- This development marks a strategic expansion into a new product category and industry vertical for the company.

According to an exchange filing, following a rigorous approval process spanning over 18 months and an initial trial shipment, the first commercial order has now been confirmed. The order fulfillment will proceed as per the schedule provided by the strategic customer.

The specialty organic intermediate, developed in-house by Vipul Organics' R&D team over the last three years, is used to formulate compounds critical in manufacturing automotive components such as shock absorbers and bumper extensions. The compound significantly enhances durability, impact resistance, and wear tolerance of the auto parts.

With ...