DCM Shriram’s Strategic Leap: Acquiring HSCL for ₹375 Crore
ResourceWise
On June 12, 2025, DCM Shriram Ltd. announced a transformative step in its growth journey, approving a definitive agreement to acquire 100% equity share capital of Hindusthan Specialty Chemicals Ltd. (HSCL) for ₹375 crore. This acquisition marks DCM Shriram’s bold entry into the advanced materials segment, positioning the company to capitalize on India’s burgeoning demand for high-performance materials in sectors like renewables, aerospace, and electric vehicles.