Himadri Speciality Chemical Ltd announced the successful completion of acquiring 100% of the paid-up equity share capital of Himadri Power Limited, effective February 11, 2026. The total Purchase Consideration for the transaction was a fixed cash amount of INR 2,50,000. Consequently, Himadri Power Limited now officially operates as a Wholly Owned Subsidiary (WOS) of the parent company.
Finalization of Subsidiary Acquisition
Himadri Speciality Chemical Ltd has confirmed the successful closure of the acquisition process involving Himadri Power Limited, identified as the Target Company. This transaction fulfills the commitment made in the earlier announcement dated February 04, 2026.
Transaction Details
The Company has completed the purchase of 100% paid-up equity share capital of Himadri Power Limited (CIN: U40103WB2008PLC131595). The total Purchase Consideration paid was INR 2,50,000 (Indian Rupees Two Lakh Fifty Thousand only), settled entirely in cash through the purchase of shares from the existing shareholder.
Status Update
Consequent to the acquisition, Himadri Power Limited has officially become a Wholly Owned Subsidiary (WOS) of Himadri Speciality Chemical Ltd. This change in status is effective from February 11, 2026.
The Board wishes to confirm that all required information pertaining to this acquisition, as mandated by applicable regulations, was previously submitted to the Stock Exchanges vide their letter dated February 04, 2026.
Source: BSE
