Himadri Speciality Chemical Limited — JV/Acquisition, 12-02-2025: Acquisition

Himadri Speciality Chemical Ltd has announced the incorporation of a wholly-owned subsidiary, Himadri Speciality Inc, in Delaware, USA, with an authorized capital of USD 50,000. The subsidiary aims to expand the company’s Carbon Black and Specialty Carbon Products business in the U.S. with a strategic cash investment of USD 10,000 for 1,000 shares. The establishment of this subsidiary marks a significant step towards increasing operational presence in a key market, potentially unlocking growth opportunities and enhancing shareholder value.