- Business
- Omkar Speciality Chemicals Limited manufactures and sells specialty chemicals and intermediates for chemical and allied industries in India and internationally; its core products include molybdenum derivatives, selenium derivatives, iodine derivatives, cobalt derivatives, bismuth and tungsten derivatives, as well as organic intermediates such as tartaric acid derivatives and other chemicals like inorganic salts, acids, and pharmaceutical intermediates. The company, originally formed as a proprietary concern in 1983 and incorporated as a public limited company in 2005 with headquarters in Thane, Maharashtra, operates manufacturing facilities in Badlapur and surrounding areas, serving sectors including pharmaceuticals, agrochemicals, and personal care. In July 2024, Adani Wilmar acquired a 67% stake in Omkar Chemicals Industries Private Limited, a related entity, to expand its specialty chemicals footprint with downstream derivatization of oleochemicals and scale up production at the Gujarat plant.