Chemcon Speciality Chemicals Limited
Chemcon Speciality Chemicals Limited is a manufacturer of specialised chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry and inorganic bromides used as completion fluids in the oilfield industry.
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Chemcon Speciality Chemicals has successfully completed the acquisition of the entire business of Shivam Petrochem Industries, a firm within its Promoter Group. The deal was finalized with a lump-sum payment of INR 36 Crores. This transaction fully integrates Shivam Petrochem's operations into Chemcon, concluding the previously approved related party acquisition....
Chemcon Speciality Chemicals has acquired the entire business undertaking of Shivam Petrochem Industries, a partnership firm from its Promoter Group. This strategic deal, valued at ₹36 Cr, was approved by shareholders. By acquiring 100% of this business on a going concern basis, Chemcon aims to fully integrate and streamline operations....
Chemcon Speciality Chemicals has acquired the entire business of Shivam Petrochem Industries for up to 100 Cr. This 100% business acquisition is a strategic move to expand Chemcon's footprint in the chemicals sector. Shivam Petrochem, a manufacturer with a FY25 turnover of 26.46 Cr, complements Chemcon's core operations, promising immediate...