Anupam Rasayan appoints Amit Khurana as Chief Financial Officer

Afzal Malkani appointed as Non-Executive Director on Tanfac’s Board as nominee of Anupam Rasayan

Surat, 14th March, 2022: Anupam Rasayan India Ltd. (NSE, BSE: ANURAS) (“ARIL”), one of India’s leading custom synthesis and specialty chemical player, announced the appointment of Amit Khurana, as its Chief Financial Officer effective from March 14, 2022. Amit will take over his new role from the incumbent CFO, Afzal Malkani, who has been appointed as Non-executive director on Tanfac’s board as nominee of Anupam Rasayan.

Amit Khurana is a qualified Chartered Accountant and comes with more than 10 years of experience in Indirect Taxes, Forecasting & Budgeting, Cost Accounting and Risk Analysis. He has been associated with Anupam Rasayan since last 7 years as Head – Indirect Taxes & Costing.

Speaking on the development, Mr. Anand Desai, Managing Director of ARIL, said, “It has been an absolute pleasure working with Afzal over the years and I wish him all the best for his new role as the Non-executive director on Tanfac’s board. We are glad to receive his support and guidance in his new role.” He further added, “I welcome Amit as the CFO of the organization. He has been associated with Anupam Rasayan as the head of taxes and costing since 2015. We are extremely fortunate to have someone with Amit’s extensive experience in all areas of financial function to fill this role. I am confident that, his experience will add immense value to the company’s exciting growth journey.

Speaking on the appointment, Mr. Afzal Malkani, said, “I am delighted and thankful to the management and Board of Anupam Rasayan Indian Limited for my 17-year professional journey in this organization. I am extremely excited to take up this new strategic role at Tanfac and hope the journey ahead remains equally enriching.

About Anupam Rasayan India Ltd. (ARIL):

Anupam Rasayan India Ltd (ARIL) is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India. Formed as a partnership firm in 1984, and converted into a company on September 30, 2003, the speciality chemicals major has two verticals: Life science related Specialty Chemicals comprising products related to Agrochemicals, Personal Care and Pharmaceuticals and other Specialty Chemicals comprising Specialty Pigment and Dyes, and Polymer Additives. ARIL operates via its six manufacturing facilities in Gujarat, India, with four facilities located at Sachin, Surat and two at Jhaghadia, Bharuch, with an aggregate installed capacity of 27,157 MT as of December 31, 2021.

ARIL offers multistep synthesis and undertakes complex chemical reactions technologies for a diverse base of Indian and global customers. The focus is to develop innovative in-house processes for manufacturing products requiring complex chemistries and achieving cost optimization.