Acquisition History / DCM Shriram Ltd / Hindusthan Speciality Chemicals Ltd
DCM Shriram Ltd Acquires Hindusthan Speciality Chemicals Ltd
Announced June 12, 2025 — $42.4M
What happened
DCM Shriram's board approved buying 100% of Hindusthan Speciality Chemicals for Rs 375 crore, payable in one or more tranches. HSCL, based in Bharuch, Gujarat, makes and distributes solid and liquid epoxy resins and advanced materials. The transaction was expected to complete by September 2025.
- Acquirer
- DCM Shriram Ltd
- Target
- Hindusthan Speciality Chemicals Ltd
- Announced
- June 12, 2025
- Price
- $42.4M
- Industry
- Epoxy resins and advanced materials
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did DCM Shriram Ltd acquire Hindusthan Speciality Chemicals Ltd?
DCM Shriram Ltd acquired Hindusthan Speciality Chemicals Ltd on June 12, 2025. This was DCM Shriram Ltd's 1st publicly tracked acquisition out of 2 we have on record.
How much did DCM Shriram Ltd pay for Hindusthan Speciality Chemicals Ltd?
DCM Shriram Ltd paid $42.4M for Hindusthan Speciality Chemicals Ltd.
What does Hindusthan Speciality Chemicals Ltd do?
DCM Shriram's board approved buying 100% of Hindusthan Speciality Chemicals for Rs 375 crore, payable in one or more tranches. HSCL, based in Bharuch, Gujarat, makes and distributes solid and liquid epoxy resins and advanced materials. The transaction was expected to complete by September 2025.
What other Epoxy resins and advanced materials companies has DCM Shriram Ltd acquired?
Hindusthan Speciality Chemicals Ltd is DCM Shriram Ltd's only publicly tracked acquisition in Epoxy resins and advanced materials so far.