Himadri Speciality Chemical has received approval to acquire 100% paid-up equity share capital of Himadri Power, for a total purchase consideration of Rs 2.50 lakh in cash, by way of purchase of equity shares from the existing shareholders of the Himadri Power. The acquisition is expected to be completed within 60 days from the date of signing the share purchase agreement or such date as may be mutually agreed between the Parties.
The company will acquire the Himadri Power to make it a wholly owned subsidiary with an objective to enter into the business of mining, development, operation, processing and refining of minerals. The board of the company at its’ meeting held on February 04, 2026, inter-alia has considered and approved the same.
Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The company has operations in India and caters to both domestic and international markets.
| Company Name | CMP |
|---|---|
| PCBL Chemical | 305.80 |
| Himadri Speciality | 637.90 |
| Goa Carbon | 391.65 |
| Hi-Green Carbon | |
| View more.. | |
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