Hindusthan Urban Infrastructure Ltd — Updates, 12-06-2025: Company Update

Hindusthan Urban Infrastructure Limited has announced a board meeting to approve the sale of shares in its material subsidiary, Hindusthan Speciality Chemicals Limited (HSCL), to DCM Shriram Limited for ₹219.38 Cr, subject to shareholder approval via postal ballot. This sale is part of a strategic move to realign investments and enhance long-term value. Upon completion, HSCL will no longer be a subsidiary. The transaction is not related party and is expected to complete by August. HSCL contributed over 50% to consolidated revenue in FY25 but reported a net loss.