Acquisitions28 Oct 2025, 07:12 pm
DCM Shriram Ltd. Approves Acquisition of Four Industrial Salt Producing Companies in Gujarat
AI Summary
DCM Shriram Ltd. has approved the acquisition of 100% equity share capital of Shree Raj Salt and Chemical Works Pvt. Ltd., Devjagan Salt Farm Pvt. Ltd., Maruti Salt Farm Pvt. Ltd., and Manek Salt Works Pvt. Ltd. The companies, located in Gujarat, own a total of 1077 acres of salt lease land. The transaction is subject to customary regulatory approvals.
Key Highlights
- DCM Shriram Ltd. to acquire 100% equity share capital of four companies in Gujarat
- Companies own a total of 1077 acres of salt lease land
- Transaction is subject to customary regulatory approvals
- Target entities have a combined turnover of approximately Rs. 35.5 crores in FY 2024-25