Clariant Chemicals (India) has received an approval for the proposal for sale of the businesses of textile chemicals, paper specialties and emulsion together with assets currently dedicated to the respective business of the company, subject to the approval of the shareholders, at a consideration of Rs 209.15 crore.
The board of company at its meeting held on March 26, 2013 has approved for the same. The board also approved the issue of notice of postal ballot to the shareholders under the Companies Act, 1956 for the same.
Clariant Chemicals (India) represents a valuable repository of manufacturing and marketing experience. Its constituents were all well respected companies who played an invaluable role in the development of the textiles, leather, paints, plastics, printing inks and agrochemicals industries in India.
| Company Name | CMP |
|---|---|
| SRF | 2742.15 |
| BASF India | 3473.95 |
| Tata Chemicals | 729.60 |
| Pidilite Inds. | 1568.00 |
| Deepak Nitrite | 1642.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: