A-1 Limited signs nitric acid supply deal and announces stock split
pre-market1 source ↓written by the desknot a recommendation
- of concentrated nitric
- 10,000 metric tonnes
- Limited plans
- 10:1 stock split
- 3:1 bonus issue
A-1 Limited has finalized a long-term supply agreement for 10,000 metric tonnes of concentrated nitric acid with Gujarat Narmada Valley Fertilizers & Chemicals Limited. The supply period is set from November 2025 to March 2026. Additionally, A-1 Limited plans a 10:1 stock split and a 3:1 bonus issue, enhancing shareholder value and liquidity.
This agreement is expected to strengthen A-1 Limited's position in the specialty chemicals sector, improving volume visibility and market presence. 📈
Not investment advice. For informational purposes only.