Clariant Chemicals (India) has sold/transferred the business of textile chemicals, paper specialties and emulsions to Archroma India as on September 30, 2013 as a going concern and has received the total consideration of Rs 209.15 crore. The company’s at its meeting held on September 19, 2013, had considered and approved for the same.
Clariant and Archroma have entered into business continuation agreement whereby Clariant will run the business for a transitory period in trust for Archroma.
Clariant Chemicals (India) represents a valuable repository of manufacturing and marketing experience. Its constituents were all well respected companies who played an invaluable role in the development of the textiles, leather, paints, plastics, printing inks and agrochemicals industries in India.
| Company Name | CMP |
|---|---|
| BASF India | 3865.25 |
| Tata Chemicals | 761.95 |
| SRF | 2798.45 |
| Pidilite Inds. | 1436.40 |
| Deepak Nitrite | 1861.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: