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Himadri Speciality Chemical Ltd. Acquires 100% Stake in Birla Tyres

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Himadri Speciality Chemical Ltd. Acquires 100% Stake in Birla Tyres

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Himadri Speciality Chemical Ltd. ( (IN:HSCL) ) has issued an update.

Himadri Speciality Chemical Ltd. has completed the acquisition of Birla Tyres Limited, making it a wholly owned subsidiary. This strategic move, finalized by converting debentures into equity shares and purchasing remaining shares, positions Himadri to potentially expand its market presence and operational capabilities.

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 expertise in carbon materials and chemicals, serving various sectors including automotive, infrastructure, and energy.

YTD Price Performance: -28.89%

Average Trading Volume: 83,626

Current Market Cap: 214.4B INR

See more insights into HSCL stock on TipRanks’ Stock Analysis page.

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