Acquisitions28 Oct 2025, 07:32 pm
DCM Shriram Ltd. to Acquire 100% Stake in Four Salt Producing Companies for Rs. 175 Crores
AI Summary
DCM Shriram Ltd. has approved entering into a definitive agreement to acquire 100% equity share capital of four companies engaged in producing and selling industrial salt. The companies are 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 transaction is subject to customary regulatory approvals and is expected to be completed by June 2026. The consolidated cost of acquisition is Rs. 175 crores.
Key Highlights
- DCM Shriram Ltd. to acquire 100% stake in four companies for Rs. 175 crores
- Companies are engaged in producing and selling industrial salt
- Transaction subject to customary regulatory approvals
- Expected to be completed by June 2026
- Consolidated cost of acquisition is Rs. 175 crores