Vishnu Chemicals’ wholly-owned material subsidiary -- Vishnu Barium (VBPL), has completed the acquisition of 100% equity shares of Ramadas Minerals pursuant to a Share Purchase Agreement dated July 19, 2023. Accordingly, Ramadas Minerals has become a wholly owned subsidiary of VBPL and a step down subsidiary of the Company with effect from July 19, 2023. The objective of acquisition is to improve control, efficiency, and quality of raw materials of the company.
Vishnu Chemicals pioneered manufacturing chrome chemicals like sodium dichromate, potassium dichromate, basic chromium sulphate and yellow sodium sulphate at its plants in Medak District in Andhra Pradesh and Bhilai in Chattisgarh.
