DCM Shriram’s board of directors has approved definitive agreements to be entered into for acquiring 100% equity share capital of ‘Hindusthan Speciality Chemicals’, having presence in Epoxy & Advanced Materials business in Bharuch, Gujarat, subject to necessary regulatory approvals.
The said acquisition is expected to be completed by September 2025, subject to fulfilment of conditions specified in Definitive Agreements. The Board of Directors of the Company at its meeting held on June 12, 2025 has approved the same.
DCM Shriram runs two businesses energy intensive and agri business. The company is also the third largest manufacturer of Chlor-Alkali in the India. They have launched value added UPVC window system business under the Fenesta TM brand in India.
