HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Himadri Speciality Chemical acquires remaining equity shares of Birla Tyres
Apr-09-2025

Himadri Speciality Chemical has acquired remaining 9,999 (0.33%) equity shares of Birla Tyres (BTL) from the existing equity shareholders for a purchase consideration of Rs 9 lakh. On April 01, 2025, the company had acquired 99.67% of equity shares of BTL by way of conversion of Optionally Convertible Debentures (OCDs) into equity shares of BTL. Consequent to the said acquisition, the Company now holds 100% shareholding of BTL making it a wholly owned subsidiary of the Company with effective from April 07, 2025.  

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.


  RELATED NEWS >>