Key Transaction Details

  • BDJ Oxides Private Limited, a material subsidiary of JG Chemicals Limited, acquired freehold land measuring approximately 16.74 acres
  • Location: APIIC Industrial Park, Village – Attivaram, Mondal – Ozili; District – Tirupati, Andhra Pradesh – 524421
  • Plot Number: 9/2
  • Total consideration: ₹18.41 Crores, plus applicable registration charges and other charges/levies
  • Date of acquisition: 18th August, 2026

Strategic Purpose and Rationale

The land acquisition is for:

  • Future expansion and development of sustainable recycling product portfolio
  • Potential development of additional manufacturing capabilities
  • Strategic location directly opposite BDJ Oxides' existing manufacturing facility at Naidupeta, Andhra Pradesh
  • Leveraging existing infrastructure and capabilities for future growth

Management Commentary

Mr. Anirudh Jhunjhunwala, Managing Director and CEO, stated: "This acquisition represents an important step in our long-term expansion journey. The strategic piece of land is located right opposite our existing Naidupeta manufacturing facility, providing us with an opportunity to leverage our existing infrastructure and capabilities as we expand in the future."

Company Background Context

JG Chemicals Limited is India's largest manufacturer of Zinc Oxide (ZnO) and among the top five global manufacturers, with total zinc chemicals capacity of 70,000 MTPA. The company is also India's largest zinc recycling company with strong inhouse recycling technology.