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Solar Industries India plans to make strategic investment in Rajasthan Explosives and Chemicals

07 Jun 2022 Evaluate

Solar Industries India has planned to do a strategic investment along with its Subsidiaries in Rajasthan Explosives and Chemicals, for the expansion of its manufacturing footprints in north India and has signed a non-binding term sheet in this regards. Rajasthan Explosives and Chemicals has its registered office in Delhi and its manufacturing facility is at Dholpur (Rajasthan).

Solar Industries is one of the largest manufacturers and suppliers of Explosives and Explosive Accessories in India covering the entire range of products such as Bulk and Cartridge Explosives, Detonators, Detonating Cords, Pentaerythritol Tetranitrate (PETN), and Cast Boosters.

Peers
Company Name CMP
Godrej Industries 1103.75
SRF 2544.90
BASF India 3664.25
Pidilite Inds. 1575.00
Tata Chemicals 694.60
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