Vipul Organics Limited has announced that its management will participate in an Exclusive Conference jointly hosted by Ashika Group and CNI Infoxchange. The event is scheduled to take place on June 6, 2026, in Mumbai. The company stated that the interaction is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Details

The management team will engage with investors and analysts during the conference to share insights on the company's business strategies and industry positioning. The company clarified that the discussion will be based on publicly available information and that no unpublished price-sensitive information will be shared during the interaction.

This intimation has been submitted to the stock exchanges in compliance with the applicable provisions of SEBI (LODR) Regulations. The disclosure is for the information and records of the shareholders and regulatory authorities.

Vipul Organics Limited has announced a major strategic milestone with its membrane unit AdiMem Technologies commencing commercial sales of membranes. This development represents a pivotal transition from pilot operations to full-scale commercial production, positioning the company as India's first fully indigenous membrane manufacturer.

Commercial Operations Launch

AdiMem Technologies has successfully transitioned from pilot to full-scale operations, launching Reverse Osmosis (RO) and Ultrafiltration (UF) membrane manufacturing at its Sayakha, Gujarat facility. The company leverages proprietary Reverse Phase Transition technology to produce high-performance membranes indigenously, reducing dependence on imports from China-dominant supply chains.

The Sayakha unit integrates manufacturing, rolling, quality control, and performance testing infrastructure, enabling comprehensive water and wastewater solutions with consistent product performance at scale. AdiMem now supplies membranes alongside end-to-end Effluent Treatment Plants (ETP), Sewage Treatment Plants (STP), and pre-treatment systems for chemicals, pharmaceutical, and other industrial sectors.

Market Opportunity and Growth Targets

According to IMARC Group's report, India's membrane separation technology market is expanding at 11.52% CAGR, growing from USD 1.34 billion in 2026 to USD 2.7 billion by 2033. This growth is primarily driven by Zero Liquid Discharge (ZLD) mandates, the Namami Gange programme, and industrial water recycling needs, with chemicals emerging as a key end-use segment.

Vipul Organics is targeting 25% of its topline to come from sales of membranes and membrane-based solutions within the next three years. The company also aims to capture a sizeable portion of the USD 6.33 billion India filtration market projected for 2033.

Product Portfolio and Technology

AdiMem's comprehensive product lineup spans MF/UF/NF/RO configurations, tubular and hollow fibre systems, and MBR (Membrane Bioreactor) systems. This represents the first fully Indian-made offering in this category, delivering superior filtration, resilience, and sustainability features.

The membranes enable 90% water recovery across different applications, aligning with Vipul Organics' sustainability commitment. The company maintains strong environmental credentials including:

• 98% effluent recycling
• ZDHC Level 3 certification
• ISO 14001 compliance

Strategic Vision and Financial Impact

Managing Director Vipul P. Shah stated that the commercial sales commencement of AdiMem products reinforces India's sustainability drive while reducing import reliance. The strategic expansion from pigments (10,000 TPA expansion) to membranes opens access to the global USD 350 billion market.

The company projects significant growth in FY2027 amid 12-15% annual chemical membrane demand growth. This expansion is backed by a Rights Issue funding the Sayakha facility ramp-up, with analysts highlighting significant margin advantages versus peers in the specialty chemicals space.

Company Background

Vipul Organics Limited operates as a leading specialty chemicals company in the pigments and dyes segment, manufacturing pigments, dyestuff, lake colours, and pigment intermediaries. The company operates three manufacturing facilities across Maharashtra with a global footprint spanning over 50 countries. Vipul Organics ended financial year 2024-25 with revenues of ₹163 crore.