DCM Shriram to buy Hindusthan Specialty Chemicals

DCM Shriram to buy Hindusthan Specialty Chemicals

NEW DELHI: DCM Shriram on Thursday said its board has approved a definitive agreement to acquire Hindusthan Specialty Chemicals for Rs 375 crore, marking its strategic entry into the advanced materials segment. The buyout of unlisted subsidiary of Hindusthan Urban Infrastructure is subject to regulatory approvals.

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