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SRF to sell Engineering Plastics Business to DSM

14 May 2019 Evaluate

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The company's Engineering Plastics Business manufactures multiple grades of engineering plastic compounds, catering to the automotive and electrical industries.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

SRF Share Price

2771.90 52.50 (1.93%)
07-May-2026 16:01 View Price Chart
Peers
Company Name CMP
BASF India 3869.00
Tata Chemicals 803.00
SRF 2771.90
Pidilite Inds. 1451.20
Deepak Nitrite 1850.00
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