Acquisitions7 Nov 2025, 08:31 pm
Birlanu Ltd to Acquire Clean Coats for INR 92.5 Cr to Strengthen Construction Chemicals Segment
AI Summary
Birlanu Ltd, formerly known as HIL Limited, announced that its Board of Directors approved the acquisition of 100% issued and paid-up equity share capital of Clean Coats Private Limited for an enterprise value of INR 92,50,00,000. The acquisition aims to strengthen the company's business in the construction chemicals segment. The transaction is subject to certain conditions precedents and the execution of necessary documents.
Key Highlights
- Birlanu Ltd to acquire Clean Coats for INR 92.5 Cr
- Acquisition to strengthen the construction chemicals segment
- Transaction subject to conditions precedents
- Board approved the acquisition of 100% issued and paid-up equity share capital of Clean Coats
- Enterprise value of INR 92,50,00,000