Himadri Speciality Chemical has received approval for the draft scheme of amalgamation between the company and Equal Commodeal (ECPL), a wholly owned subsidiary of the company, to merge the entire business and the whole of the undertakings, properties and liabilities of the company. ECPL is engaged in the business of investment in subsidiary. The meeting of the Board of Directors of the company held on August 13, 2018 approved the same.
Himadri Speciality Chemical is the largest vertically integrated speciality carbon company and the largest producer of coal tar pitch in India with headquarters in Kolkata, West Bengal.
