
Board Meeting18 Sept 2026, 10:50 pm
Himadri Speciality Chemical Board to Consider Scheme of Arrangement
AI Summary
Himadri Speciality Chemical Ltd announced that its Board of Directors will convene on September 21, 2026. The primary agenda item is to consider and approve a proposed Scheme of Arrangement between Dalmia Bharat Refractories Limited (DBRL) and Himadri Speciality Chemical Ltd (HSCL). This arrangement, governed by Sections 230-232 of the Companies Act, 2013, pertains to the demerger of DBRL's Tyre Business. Concurrently, the company has implemented a trading window closure for designated persons from the notice date until 48 hours after the outcome disclosure, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Highlights
- Board meeting scheduled for September 21, 2026.
- To consider a Scheme of Arrangement for demerger.
- Scheme involves Dalmia Bharat Refractories Limited.
- Trading window closed due to insider trading regulations.
Price Impact
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