Board of HSCL approves conversion of OCDs of Himadri Birla Tyre Manufacturer

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29 Mar 2025

Board of HSCL approves conversion of OCDs of Himadri Birla Tyre Manufacturer

The Board of Himadri Speciality Chemical at its meeting held on 29 March 2025 has approved the conversion  of 1,44,118 no. of 0.01% Unsecured Optionally Convertible Debentures (OCDs) held by the Company, into equity shares of Himadri Birla Tyre Manufacturer (HBTMPL). By this conversion the Company will be holding 49% of paid-up equity share capital of HBTMPL.