Himadri Speciality Chemical Limited — JV/Acquisition, 08-04-2025: Acquisition

Himadri Speciality Chemical Ltd has acquired 100% equity shares of Birla Tyres Limited (BTL), successfully converting 99.67% of shares through Optionally Convertible Debentures (OCDs) and subsequently purchasing the remaining 0.33% for ₹9,00,000 (9 Lakhs). This strategic acquisition positions BTL as a wholly owned subsidiary, aimed at enhancing operational synergies and market presence. The full ownership is expected to streamline management processes and unlock value for shareholders, indicating a strong commitment to growth in the tyre manufacturing sector.