Acquisition

DCM Shriram has announced a board meeting on the ₹375 crore acquisition of 100% equity in Hindusthan Speciality Chemicals Ltd (HSCL). HSCL, with a turnover of ₹274 crore in FY25, specializes in epoxy and advanced materials catering to aerospace, electronics, EVs, and renewables.

This deal strategically expands DCM Shriram’s chemicals business into high-growth, innovation-led sectors through downstream integration of epichlorohydrin.

HSCL’s Gujarat plant also offers strong operational synergies given its close location to DCM Shriram’s existing facilities.