About Acutaas Chemicals Limited

Acutaas Chemicals Limited (formerly Ami Organics Limited) is a leading Indian specialty and pharmaceutical chemical manufacturer headquartered in Surat, Gujarat. Established originally as a partnership firm in 2004 and reconstituted in 2007 as a private limited company, it has steadily evolved into a listed entity, achieving several milestones along the way.

The company’s product portfolio spans pharmaceutical intermediates, specialty and fine chemicals, battery chemicals, and semiconductor-grade products, serving more than 600 customers across approximately 55 countries. With four multipurpose manufacturing facilities located in Sachin, Ankleshwar, Jhagadia (Gujarat), and Greater Noida (Uttar Pradesh), Acutaas has developed advanced capabilities in high-purity production, automation, and process safety.

Notably, it is the first company in India outside China to develop global electrolyte additives for batteries and remains the only Indian manufacturer of semiconductor-grade photoresist chemicals.

Its strong R&D foundation, 610+ commercialised products, and 22+ patents granted or filed have positioned it as a trusted partner for global industries.

Key milestones include acquisitions of units from Gujarat Organics and Baba Fine Chemicals, IPO listing on BSE and NSE, USFDA and PMDA approvals, and its rebranding to Acutaas Chemicals Limited in 2025 to reflect sharper focus on innovation-driven specialty solutions.

Acutaas Chemicals Limited’s Business Segments

Acutaas operates across four major verticals:

1. Advanced Pharmaceutical Intermediates – Core segment with a 50–90% market share in several critical intermediates, generating Rs 8,540 million revenue in FY2025. Over 90% of intermediates are backward integrated, serving 160+ customers in 25+ countries.

2. Semiconductor Chemicals – Only Indian producer of semiconductor-grade photoresist chemicals, exporting to Japan, South Korea, and Taiwan.

3. Battery Chemicals – First Indian company outside China to commercialise electrolyte additives, with ~10 products in the pipeline for next-gen lithium-ion and alternative chemistries.

4. Specialty and Commodity Chemicals – Supplying over 60 products for cosmetics, agrochemicals, coatings, and industrial applications, generating Rs 1,529 million revenue in FY2025.

In FY2025, exports contributed 74% of revenues, largely from Europe (63%), while India accounted for 26%

Acutaas Chemicals Limited Key Management

• Mr. Nareshkumar Patel – Executive Chairman & Managing Director

• Mr. Chetankumar Vaghasia – Whole-Time Director

• Mr. Virendra Nath Mishra – Whole-Time Director

• Mr. Ram Mohan Lokhande – Whole-Time Director

• Ms. Richa Goyal – Independent Director

• Mr. Girikrishna Maniar – Independent Director

• Mr. Hetal Gandhi – Independent Director

• Dr. Anita Bandyopadhyay – Independent Director

Latest Updates on Acutaas Chemicals Limited

• CDMO expansion: Several advanced-stage projects in chronic therapies, with USFDA- and PMDA-compliant facilities.

• Battery chemicals: Civil works for an electrolyte additives plant at Jhagadia commenced, with commissioning planned for FY2026.

• Semiconductors: Partnerships in Korea, Japan, and Taiwan established for high-purity chemicals.

• Sustainability: Commissioned a 10.8 MW solar project and a 5 MW expansion, earning an EcoVadis Platinum rating.