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Himadri Speciality Chemical Ltd. ( (IN:HSCL) ) has provided an announcement.
Himadri Speciality Chemical Ltd. announced its acquisition of a 60% equity stake in Trancemarine and Confreight Logistics Private Limited, marking a strategic expansion in its operational capabilities. This acquisition, valued at INR 4.23 crore, will make Trancemarine a subsidiary and its own subsidiary, Sturdy Niketan Private Limited, a step-down subsidiary of Himadri, potentially enhancing the company’s logistics and supply chain efficiency.
More about Himadri Speciality Chemical Ltd.
Himadri Speciality Chemical Ltd. operates in the chemical industry, focusing on the production of specialty chemicals. The company is known for its diverse range of chemical products and services, catering to various market segments.
YTD Price Performance: -21.71%
Average Trading Volume: 81,744
Current Market Cap: 215.1B INR
See more insights into HSCL stock on TipRanks’ Stock Analysis page.