BirlaNu completes acquisition of Clean Coats

BirlaNu Limited (formerly HIL Limited) announced on November 12, 2025, the completion of its acquisition of 100% equity share capital of Clean Coats Private Limited. This follows an earlier communication dated November 7, 2025, regarding the Share Purchase Agreement.

The total all-cash consideration for the acquisition stands at INR 110,19,21,068. This amount is subject to adjustments based on the finalization of Clean Coats' closing accounts, as per the provisions of the Share Purchase Agreement.

The disclosure of this transaction is available on BirlaNu's website. Nidhi Bisaria, company secretary & compliance officer, signed off on the announcement.