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DCM Shriram gets nod to acquire 100% equity share capital of four companies

29 Oct 2025 Evaluate

DCM Shriram has received approval from board of directors for entering into a definitive agreement to acquire 100% equity share capital of four companies engaged in producing and selling industrial salt, as part of the same transaction. The entities are Shree Raj Salt and Chemical Works, Devjagan Salt Farm, Maruti Salt Farm and Manek Salt Works having salt works with 1077 acres of salt lease land in the State of Gujarat. The transaction is subject to customary regulatory approvals.

The objective of acquisition is to facilitate backward integration of the Company’s chemical business into salt. The said acquisition is expected to be completed by June 2026, subject to fulfilment of conditions specified in Definitive Agreement.

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.

DCM Shriram Share Price

1304.80 59.70 (4.79%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2911.70
DCM Shriram 1304.80
3M India 32458.15
Hindustan Foods 536.50
Balmer Lawrie & Co 196.05
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