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    Africa Capitalworks (ACW)

    Ajay Kumar Pal has engineered a remarkable comeback of the now rebranded Quality Chemicals Limited, which, about three years ago, could have been very difficult to think about. Quality Chemicals’ fortunes had decelerated, with both earnings and stock trading falling to historical lows.

    From Red to Resurgence: How Kumar has Engineered Quality Chemical’s Turnaround

    Jeff WintersBusiness & MarketsThe Big StoryJuly 18, 2025July 21, 2025

    In 2021, Ajay Kumar Pal became CEO of Cipla Quality Chemicals, now QCIL. He displayed a calm resolve of someone used to pressure. He wasn’t just walking into a leadership…

    ACW acquires majority stake in Cipla Quality Chemical Industries Limited

    CEO ReporterNews & AnalysisNovember 14, 2023November 14, 2023

    Africa Capitalworks (ACW), an investment company that deploys permanent equity capital in strategically-selected sectors across Sub-Saharan Africa, excluding South Africa, has acquired a majority stake in Cipla Quality Chemical Industries…

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    CEO East Africa
     
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