# DCM Shriram to acquire Hindusthan Specialty Chemicals for ₹375 crore

DCM Shriram has announced the acquisition of Hindusthan Specialty Chemicals Ltd (HSCL) for ₹375 crore. HSCL operates a 43-acre facility in Jhagadia, Gujarat, producing epoxy resins and related materials.

- Type: Acquisition
- Announced: 2025-06-13
- Where: Jhagadia, Bharuch district, Gujarat, India
- Value: $45.0M (3.75B INR)
- Status: announced
- Capacity: liquid epoxy resin capacity exceeding 17,000 tonnes per annum
- Products: liquid epoxy resins, hardeners, reactive diluents, solvent cuts, formulated resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DCM Shriram](https://endata.com/companies/16073.md) (acquirer)
- [Hindusthan Specialty Chemicals Ltd](https://endata.com/companies/85325.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/economy/agri-business/dcm-shriram-acquires-hindusthan-specialty-chemicals-375cr/article69690159.ece), 2025-06-13: "This acquisition is a pivotal step in our chemicals growth strategy and a catalyst for DCM Shriram’s entry into advanced materials."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.