In a strategic move to consolidate its group operations, Himadri Speciality Chemical Ltd (HSCL) announced on Wednesday, 11 February 2026, that it has successfully completed the 100% acquisition of the equity share capital of Himadri Power Limited.
This acquisition marks a significant transition for the target company, which has now officially become a Wholly Owned Subsidiary (WOS) of Himadri Speciality Chemical Ltd, effective immediately from the date of completion.
The transaction was executed via a cash purchase of equity shares from existing shareholders. According to the regulatory filing submitted to both the BSE and the National Stock Exchange (HSCL), the total purchase consideration for the deal stood at INR 2,50,000 (Indian Rupees Two Lakh Fifty Thousand only).
The company’s announcement follows a preliminary notification issued on 4 February 2026. This latest update ensures full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting the firm’s commitment to transparency in its corporate restructuring efforts.
While the acquisition price is relatively modest, the move signals a streamlining of the company’s corporate structure. Investors and market analysts will likely keep a close eye on how this consolidation of Himadri Power Limited as a WOS influences the parent company’s operational efficiency in the upcoming quarters.
Himadri Speciality Chemical Ltd, formerly known as Himadri Chemicals & Industries Limited, continues to operate from its corporate headquarters in Kolkata, maintaining a strong presence in the speciality chemicals sector.
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