Himadri Speciality Chemical acquires Elixir Carbo Private Limited
Himadri Speciality Chemical (BSE:HSCL) announced today the completion of its acquisition of Elixir Carbo Private Limited, making it a wholly-owned subsidiary. The transaction, effective as of April 22, 2025, involved the purchase of 100% of Elixir Carbo's paid-up equity share capital. The total purchase consideration for this acquisition amounted to INR 7,50,00,000, paid in cash to the existing shareholders of Elixir Carbo Private Limited. This strategic move aligns with Himadri's growth strategy and is expected to enhance the company's market position. The company confirmed that information, as required by SEBI regulations, had been previously disclosed to stock exchanges via their letter Ref. No: HSCL / Stock-Ex/2025-26/12, dated 21/04/2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Himadri Speciality Chemical publishes news
Free account required • Unsubscribe anytime