Home breadcru News breadcru Speciality breadcru India's Himadri Speciality acquires Elixir Carbo for $0.88 mn

India's Himadri Speciality acquires Elixir Carbo for $0.88 mn

26 Apr '25
1 min read
 India's Himadri Speciality acquires Elixir Carbo for $0.88 mn
Pic: Himadri Speciality Chemical

Insights

  • Himadri Speciality Chemical Ltd has completed the acquisition of 100 per cent equity share capital of Elixir Carbo Private Limited for ₹7.5 crore (~$0.88 million) in cash.
  • The deal, finalised on April 22, 2025, makes Elixir Carbo a wholly-owned subsidiary.
  • The acquisition was disclosed earlier on April 21 in line with SEBI Listing Regulations, with required details submitted to exchanges.
Himadri Speciality Chemical Ltd has announced the successful acquisition of Elixir Carbo Private Limited. The company has acquired 100 per cent of the paid-up equity share capital of Elixir Carbo for a total cash consideration of ₹7.5 crore (~$0.88 million).

The acquisition was completed through the purchase of equity shares from the existing shareholders. Consequently, Elixir Carbo Private Limited has become a wholly-owned subsidiary of Himadri Speciality Chemical Ltd with effect from April 22, 2025, the company said in an NSE listing.

This development follows the company’s initial disclosure on April 21, 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details, as required under SEBI norms, were submitted to the stock exchanges through the company’s earlier communication.

ALCHEMPro News Desk (HU)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!