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Vishnu Chemicals completes acquisition of Jayansree Pharma

30 Nov 2024 Evaluate

Vishnu Chemicals has completed the acquisition of Jayansree Pharma (JPPL) at an enterprise value of Rs 52 crore. Pursuant to acquisition of shares of JPPL, it has become a wholly owned subsidiary of the company. This newly acquired company will manufacture speciality chemicals and operate in allied area.

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.


Peers
Company Name CMP
Godrej Industries 905.20
SRF 2344.00
BASF India 3051.40
Pidilite Inds. 1460.00
Tata Chemicals 595.55
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