Himadri Speciality Chemical Limited — Board Meeting, 29-03-2025: Outcome of Board Meeting

The Board of Himadri Speciality Chemical Ltd has approved significant actions during its latest meeting. The company will convert 30,00,000 Secured Optionally Convertible Debentures into equity shares of Birla Tyres Limited, resulting in a 99.97% ownership. Additionally, the board sanctioned the acquisition of 9,999 equity shares from Dalmia Bharat Refractories Limited for up to ₹10,00,000. The company also plans to convert 1,44,118 Unsecured Optionally Convertible Debentures into equity shares of Himadri Birla Tyre Manufacturer Private Limited, leading to a 49% stake.