Mahabir Prasad Agarwal and family, a promoter group, sold 99 lakh shares of Himadri Speciality Chemical through open market transactions. This decreased their stake from 8.21% to 6.25%.
India's leading manufacturer of carbon materials and chemicals, this company specializes in coal pitch, advanced carbon materials, naphthalene, and speciality naphthalene formaldehyde resins. It holds the position of number one coal pitch producer in the country and is the sole domestic manufacturer of advanced carbon materials. The company serves diverse industrial sectors through its specialized manufacturing capabilities and vertically integrated operations in carbon-based chemistry.
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