July 5, 2015
Aditya Birla Chemicals (ABCIL) today said it has received shareholders' approval for merging the company with Grasim Industries. The two companies of Aditya Birla Group are being merged in order to consolidate similar businesses under one roof.
February 11, 2015
The Board of Directors of Grasim Industries Limited ("Grasim") today approved the proposed merger of Aditya Birla Chemicals (India) Limited ("ABCIL"), an Aditya Birla Group company with Grasim. The swap ratio approved by the Board is 1 (one) share of Rs. 10 each of Grasim for every 16 (sixteen) shares of Rs. 10 each of ABCIL.
September 8, 2014
The Board of Directors of Aditya Birla Chemicals (India) Limited, a company of the Aditya Birla Group, today approved the acquisition of the Chlor-Alkali Division ("CAD Division") of Jayshree Chemicals Limited ("JCL") for a cash consideration of Rs.212 crore. This transaction takes ABCIL to a higher growth trajectory.
May 31, 2013
The Board of Directors of Aditya Birla Chemicals (India) Limited ("ABCIL") a Company of The Aditya Birla Group, today approved the acquisition of the Chlor-Alkali & Phosphoric Acid Division ("CA &P Division") of Solaris Chemtech Industries Limited ("SCIL") for a cash consideration of Rs.153 crores.