21-Sept-2026 09:57:53

HSCLAcquisition and merger

HIMADRI SPECIALITY CHEMICAL LTD : SCHEME OF ARRANGEMENT APPROVED FOR TYRE BUSINESS DEMERGER

• Himadri Speciality Chemical Ltd (HSCL) approved a scheme of arrangement to demerge the Tyre Business from Dalmia Bharat Refractories Ltd (DBRL). • The Tyre Business, with a turnover of ₹149.31 Cr as of March 31, 2026, represents 3.39% of HSCL's total turnover. • The scheme is subject to approvals from regulatory authorities and stock exchanges.

Himadri Speciality Chemical Ltd

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