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DCM Shriram merger & restructuring announcements

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13:17 IST BSE
Merger & RestructuringDCM Shriram Ltd DCMSHRIRAM

DCM Shriram Merger & Restructuring Worth ₹52.08 Cr

DCM Shriram will transfer a 50% stake in its subsidiary, Shriram Polytech Limited, to Teknor Apex B.V. for ₹52.08 Crore (USD 5.6 million). Post-transaction, the subsidiary will be reclassified as a joint venture. This strategic partnership aims to develop advanced specialty polymer solutions for global industrial applications.

Value
₹52.08 Cr
Execution
Expected completion by 23rd April 2026