DCM Shriram Consolidated (DSCL) has entered into a Joint Venture Agreement (JVA) for its Polymer Compounding business with Axiall Corporation, a North American manufacturer of Chloro-Vinyl, Aromatics and Building Products.
Under the agreement, subject to customary closing conditions and regulatory approval, Axiall will invest Rs 34.65 crore in SVP (a 100% subsidiary of DSCL) to acquire a 50% stake in SVP. Consequently, SVP will have access to Axiall’s Polymer Compounding Technology and market knowledge. This arrangement is intended to enable SVP to launch latest-generation Polymer Compounds in India, offering more cost-effective Polymer Solutions for different applications to Indian customers.
DCM Shriram Consolidated is an integrated business entity, with a presence across the entire Agri-rural value chain and Chloro-Vinyl industry. The company is one of the leading players in Polymer Compounding in India.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2718.25 |
| DCM Shriram | 1225.85 |
| 3M India | 31394.15 |
| Hindustan Foods | 509.15 |
| Balmer Lawrie & Co | 176.20 |
| 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: