Heranba Industries’ wholly owned subsidiary -- Mikusu India has acquired 104,499 equity shares (i.e 1.74% of the equity and voting share capital) of Daikaffil Chemicals India. As on date, the total holding of Mikusu India is 21,59,019 constituting 35.98% of the equity and voting share capital of the target company.
Heranba Industries is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation.