
Acquisitions18 Aug 2026, 04:18 pm
J.G. Chemicals Subsidiary Acquires 16.74 Acres for ₹18.41 Cr
AI Summary
J.G. Chemicals Limited announced that its material subsidiary, BDJ Oxides Private Limited, has acquired approximately 16.74 acres of freehold land in Tirupati, Andhra Pradesh, for ₹18.41 Crores plus applicable charges. This strategic acquisition is intended for future expansion and the development of its sustainable recycling product portfolio. The land is located opposite BDJ Oxides' existing manufacturing facility, offering synergistic advantages for future growth and strengthening the company's manufacturing footprint in the region. This move aligns with J.G. Chemicals' long-term strategy to enhance its recycling capabilities and expand its zinc-based product offerings.
Key Highlights
- Material subsidiary BDJ Oxides acquired 16.74 acres in Andhra Pradesh.
- Acquisition cost is ₹18.41 Crores plus additional charges.
- Land to be used for future expansion and sustainable recycling portfolio.
- Strategically located opposite existing manufacturing facility.
Price Impact
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