DCM Shriram is selling 50% equity in its wholly-owned subsidiary, Shriram Polytech (SPL), to Teknor Apex B.V. for USD 5.6 million cash.

DCM Shriram LimitedDCMSHRIRAM · Filed with the exchange

SPL will become a Joint Venture.

This move strengthens DCM Shriram's polymer compounds portfolio and expands global partnerships for advanced specialty polymer solutions.

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