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Himadri Speciality Chemical’s arm gets nod to acquire 100% stake in Himadri Future Material Technology

06 Dec 2023 Evaluate

Himadri Speciality Chemical’s Wholly Owned Subsidiary - Himadri Clean Energy has received approval for acquisition of 100% shareholding of Himadri Future Material Technology. On completion of the above acquisitions, Himadri Future Material Technology will become a Wholly Owned Subsidiary (WOS) of Himadri Clean Energy and a step down wholly owned subsidiary of the Company. By this acquisition, the Company will set up the manufacturing facility for Cathode Active Material through Step down WOS.

The Board of Directors of the Company at its’ meeting held on December 05, 2023, inter-alia has considered and approved the same.

Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The company has operations in India and caters to both domestic and international markets.

Himadri Speciality Share Price

493.15 4.00 (0.82%)
17-Apr-2026 16:59 View Price Chart
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