Himadri Speciality Chemical Limited — JV/Acquisition, 22-04-2025: Acquisition

Himadri Speciality Chemical Ltd has completed the acquisition of 100% equity of Elixir Carbo Private Limited for a total cash consideration of ₹7.50 Cr. This strategic move allows Himadri to consolidate Elixir as a wholly-owned subsidiary, aimed at enhancing operational capabilities and market reach. The acquisition is expected to streamline synergies and bolster the company's position in the specialty chemical sector, potentially unlocking value for shareholders through increased scale and efficiency.