Date: June 22, 2026
Other Operational / Legal / Strategic Disclosures
APAR Industries Limited announced that its wholly owned subsidiary, Apar Industries Middle East Limited based in KSA (Saudi Arabia), has signed a significant supply agreement with Saudi Aramco Base Oil Company (Luberef).
The agreement involves the supply of base oils within the lubeHub Value Park located in Yanbu, Saudi Arabia. This partnership enables APAR Industries Middle East Limited to produce its flagship transformer oils along with a wide range of other specialty oils at the Yanbu facility.
The strategic objective of this agreement is to strengthen the downstream industrial ecosystem and enhance local content development in Saudi Arabia. The announcement positions this as a strategic partnership that supports industrial growth in the region.
The disclosure was filed with both National Stock Exchange of India Limited and BSE Limited through e-filing on June 22, 2026, by Sanjaya Raju Kunder, Company Secretary of APAR Industries Limited.