Himadri Speciality Chemical Limited — JV/Acquisition, 04-02-2026: Acquisition

Himadri Speciality Chemical (HSCL) has acquired 100% stake in Himadri Power Limited for a cash consideration of INR 0.025 Cr. This strategic move aims to diversify HSCL's business by entering the mining, development, operation, processing, and refining of minerals. Himadri Power, which currently has Nil turnover, will become a Wholly Owned Subsidiary. This acquisition positions HSCL to build capabilities in a new, vital segment for long-term growth.