The appellate tribunal NCLAT has declined to stay an order of the National Company Law Tribunal, which has admitted a class action petition against Jindal Poly Films, filed by its shareholders. A two-member NCLAT bench...
Anupam Rasayan completes USD150-mln acquisition of US speciality chemical maker Jayhawk
Speciality chemicals maker Anupam Rasayan India on Friday said it has completed the acquisition of US-based Jayhawk Fine Chemicals Corporation for around USD 150 million, as it looks to expand global footprint and move...
UPL to spin off UPL Global, CEO Jai Shroff calls reorganisation ‘shareholder friendly’
UPL’s reorganisation is shareholder friendly as the listed company’s shareholders will get direct shares in UPL Global, a new entity that will be spun off to house the company’s merged global and local...
NCLT allows Rs. 2,500-crore class action lawsuit against Jindal Poly Films
In a rare occurrence, the National Company Law Tribunal (NCLT) has admitted a class action lawsuit filed against Jindal Poly Films by minority shareholders who approached the court claiming Rs. 2,500 crore of damages...
Paradeep Phosphates merges MCFL with itself
Paradeep Phosphates Ltd has announced the merger of Mangalore Chemicals & Fertilizers Ltd (MCFL) with itself with effect from October 16, 2025. With this merger, the company’s total fertiliser production...
Foseco agrees to buy 75% stake in Morganite Crucible
Foseco has agreed to acquire 75% stake in Morganite Crucible (India) Limited for Rs. 653 crore, both companies said in separate stock exchange disclosures. The consideration for the stake purchase will be paid in stock...
Competition Commission clears Coromandel International’s stake purchase in NACL Industries
Fair trade regulator CCI on Tuesday cleared Murugappa Group firm Coromandel International’s proposal to acquire a stake in NACL Industries. NACL, a listed entity, operates in the agro chemical sector. It offers...
DCM Shriram to acquire 100% stake in Hindusthan Speciality Chemicals for Rs 375 crore
DCM Shriram said that its board has approved definitive agreements to be entered into for acquiring 100% equity share capital of Hindusthan Speciality Chemicals for a total consideration of Rs 375 crore. Hindusthan...
Aditya Birla Group expands US footprint with acquisition of Cargill’s chemical facility
Aditya Birla Group has made a significant move in the US chemicals industry by acquiring Cargill Incorporated’s specialty chemical manufacturing facility in Dalton, Georgia. This acquisition marks a strategic expansion...
Himadri Chem in talks to buy 10-12% in US battery co
Kolkata-headquartered Himadri Speciality Chemical Ltd is in advanced talks to buy a 10-12% stake in International Battery Company (IBC), a US-based lithium-ion battery cell technology firm, said people familiar with the...
Godrej Industries acquires Savannah Surfactants’ food additives business
Godrej Industries’ Chemicals Business has completed the acquisition of the Food Additives Business of Savannah Surfactants, according to a statement. “As a leading player in Oleochemicals, Surfactants...
Coromandel International seeks CCI nod to acquire majority stake in NACL Industries
Murugappa Group firm Coromandel International has sought fair trade regulator CCI approval to acquire a majority stake in NACL Industries. NACL, a listed entity, operates in the agro-chemical sector. It offers crop...
