Himadri Speciality Chemical Gets Board Nod to Form Wholly-Owned Subsidiary in UAE

MT Newswires Live

2025/07/15

Himadri Speciality Chemical (NSE:HSCL, BOM:500184) has received board approval to incorporate a foreign wholly-owned subsidiary in the UAE tentatively named "Alliance Worldwide", according to a Tuesday filing to the Indian stock exchanges.

The new entity will help the company to expand its business activities in overseas market.

The company's shares were down nearly 2% in recent trade.

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