Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), ....
Board approved Scheme of Arrangement for demerger of Tyre Business from Dalmia Bharat Refractories to Himadri Speciality Chemical
- Demerger effective from 1 Oct 2026, subject to approvals including NCLT, SEBI, stock exchanges
- Tyre Business turnover INR 149.31 Cr (3.39% of Himadri's turnover FY26)
- Scheme aims to strengthen integration, operational synergies, and growth in tyre value chain
- Share Entitlement Ratio: 1 Himadri share for every 260 Dalmia Bharat shares
- Resulting Company shares to be listed on BSE and NSE post approvals
Source: Original filing PDF
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