Vishnu Chemicals Limited — JV/Acquisition, 30-11-2024: Acquisition

Vishnu Chemicals has completed the acquisition of Jayansree Pharma Private Limited for an enterprise value of ₹ 51.99 Cr, securing 100% ownership. Jayansree Pharma, established in 2014, specializes in manufacturing chemicals with a turnover of ₹ 23.31 Cr for FY2023-24. This acquisition aims to enhance Vishnu’s presence in the specialty chemicals sector, leveraging synergies and diversifying its product offerings. The integration is expected to bolster operational capabilities, further positioning the company for growth within its industry.