Vishnu Chemicals enters 50:50 JV with DCX Chrome SAS to produce chromium metal
Vishnu Chemicals Ltd · Chemicals & Petrochemicals
What the filing says
- JV to set up greenfield facility in Vishakhapatnam, India with 6,000 TPA capacity
- JV company capital ₹1 lakh, equally funded by Vishnu Chemicals and DCX Chrome SAS
- DCX Chrome SAS is a wholly owned subsidiary of Delachaux Group, France; turnover for FY 24-25 €122 million
Why it's rated notable: A JV agreement is executed for a 50:50 greenfield chromium metal plant with a proposed capacity of 6,000 TPA, but the filing gives no capex amount, the JV company is not yet incorporated, and the capacity is not compared with existing capacity, so the level is medium.
Original filing
Announcement under Regulation 30 (LODR)-Joint Venture
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Electrical Equipment
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Other acquisition / merger filings this fortnight
- Acquisition / mergerSwelect EnergySwelect Energy Systems to acquire 100% shares of Sushma Solar Energy Pvt Ltd
- Acquisition / mergerUgro Capital LtdUGRO Capital Ltd announces NCLT hearing date for amalgamation scheme with Profectus
- Acquisition / mergerCyient LtdCyient Limited announces Q2 and H1 FY27 financial results and corporate updates
- Acquisition / mergerSagilitySagility Limited reports Q2 FY27 financial results and declares interim dividend
- Acquisition / mergerShyam Metalics & Energy LtdShyam Sel and Power Ltd seeks NCLT approval for scheme to amalgamate Shree Venkateshwara Electrocast Pvt Ltd
- Acquisition / mergerPetronet LNG LtdPetronet LNG signs binding term sheet with Gruner Renewable for CBG JV
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.