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Indsil Hydro Power & Manganese along with its Group Company has acquired a 100% stake in Sree Mahalakshmi Smelters (SMSPL). Indsil Hydro Power & Manganese will have a 51% stake in SMSPL and consequently, SMSPL would become a material subsidiary of the company.

SMSPL owns 8400 tpy silico manganese smelter at Garbham, Vizianagaram district, Andhra Pradesh. Upon acquisition of the company, the capacity of the target will be enhanced to 13,200 tpy of silico manganese by way of a combination of de-bottlenecking and capacity modification measures.

Indsil Hydro Power and Manganese is engaged in the generation of electricity from its captive hydro electric power plant in Kerala, India. The company also involves in ferro alloy smelting. It offers low carbon silico manganese primarily to steel and stainless steel manufacturers in India; and mild steel ingots. The company operates a 21 MW hydro electric power plant.

Indsil Hydro Power Share Price

42.60 -0.70 (-1.62%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Metal & Ferro 1422.00
Maithan Alloys 993.90
Nava 677.75
Indsil Hydro Power 42.60
Shyam Century 5.82
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