Novopor Advanced Science Private Limited, a Bain Capital portfolio company and a global performance chemicals and material science CDMO, announced the acquisition of FAR Chemical, a US-based leader in custom and complex specialty chemical manufacturing. FAR Chemical was acquired from its parent company, CPS Performance Materials Group. The strategic move marks a significant step in Novopor’s ambition to build a fully integrated, global specialty chemicals platform.

Expanding End-to-End Capabilities Across High-Growth Markets

Through the acquisition, Novopor significantly enhances its ability to offer end-to-end solutions, spanning early-stage process development to commercial-scale manufacturing. FAR Chemical’s strong expertise in complex chemistries and its focus on high-value sectors—including electronics, aerospace and defense, coatings and adhesives, and other specialty chemical markets—complement Novopor’s existing technical capabilities. As a result, the integration expands Novopor’s operational footprint in the United States while strengthening its access to attractive and resilient end markets.

Leadership Highlights Strategic Fit and Market Impact

Radhesh Welling, Managing Director of Novopor Advanced Science Private Limited, said FAR Chemical’s differentiated chemistry capabilities make it a natural strategic fit. He added that its long-standing relationships with global performance chemical and material science companies further strengthen this alignment. He added that the transaction will enable Novopor to support a broader range of chemistries. It will also accelerate customers’ time-to-market and deepen the company’s presence in high-growth segments.

From an investor perspective, Saahil Bhatia, Partner at Bain Capital, noted that FAR Chemical’s proven track record in complex specialty chemical manufacturing enhances Novopor’s technical depth, geographic reach, and ability to support customers across the full product lifecycle. He emphasized that the investment reflects Bain Capital’s commitment to building market-leading platforms through strategic acquisitions and operational excellence.

FAR Chemical Sees Opportunities for Innovation and Scale

Justin O’Connor, President of FAR Chemical, highlighted that the company has built a differentiated platform rooted in deep technical expertise, a strong safety culture, and a history of solving complex customer challenges. He said partnering with Novopor will allow FAR Chemical to invest further in advanced capabilities while maintaining rigorous safety and operational standards. The combination, he added, will enable seamless customer support from development through commercial-scale manufacturing.

Building Momentum Through Targeted Investments

The FAR Chemical acquisition builds on Novopor’s recent expansion initiatives. In 2025, the company acquired Pressure Chemical Company, a Pittsburgh-based specialist in high-pressure chemistry. This move further strengthened its US presence and development-to-manufacturing capabilities.

As per the press release, in parallel, Novopor commissioned a state-of-the-art Pilot Plant Facility in Visakhapatnam, India. Designed to bridge early-stage R&D and commercial production, the facility supports innovation across agrochemicals, performance materials, and specialty chemicals. Together, these investments reinforce Novopor’s strategy of scaling a globally integrated, innovation-driven specialty chemicals platform.

Joan Pere Jiménez officially took over as Chief Executive Officer (CEO) of Eurofragance on January 1, 2026. Headquartered in Barcelona, the multinational perfume house reinforced its commitment to developing internal leadership while strengthening its long-term position in the global fragrance industry through this appointment. With this leadership transition, Eurofragance enters a new phase focused on continuity, growth, and strategic execution.

Strategy Anchored in Innovation, People and Customers

As CEO, Jiménez will steer Eurofragance through a strategic roadmap built on three core pillars—Innovation, People, and Customers. Together, these priorities aim to sharpen the company’s competitive positioning while accelerating expansion across key international markets. By aligning creativity, talent development, and customer-centricity, the strategy is designed to drive sustainable growth in a rapidly evolving fragrance landscape.

A Carefully Planned Leadership Transition

Eurofragance initiated the succession process in 2023 and executed it throughout 2025 to ensure a seamless transition and preserve strategic momentum. Laurent Mercier, who has served as CEO since 2018, will continue to support the company as a member of the Board of Directors, ensuring continuity at the governance level. This structured handover reflects Eurofragance’s long-term approach to leadership development and organizational stability.

Global Experience Shapes the New CEO’s Vision

Jiménez brings more than a decade of experience within Eurofragance, having held several senior roles on the Executive Committee. He joined the company as Chief Operations Officer, where he strengthened operational efficiency and advanced global industrial development. Subsequently, he led the company’s international expansion across Europe, Africa, and Turkey, before driving growth in the Asia Pacific region. From January 2024 until the end of 2025, he served as Chief Market Officer, overseeing all global markets and reinforcing Eurofragance’s international footprint.

Driving Growth Through Expansion and Digital Transformation

Jiménez said that assuming the CEO role represents both a responsibility and an opportunity to build on recent achievements. His immediate focus includes strengthening Eurofragance’s global leadership position, reinforcing regional operations, and accelerating growth in strategically important markets. To support these goals, his plan includes expanding the company’s manufacturing network and Creative Centers to move closer to customers. At the same time, Eurofragance will advance an ambitious transformation agenda, leveraging digitalization and the tactical use of AI tools to enhance agility, boost innovation, and deepen customer engagement.

Strong Support from Founders and the Board

Eurofragance’s founding family, Board of Directors, and leadership team have expressed strong confidence in Jiménez’s appointment. They have entrusted him with preserving the company’s values while defining new strategic priorities to secure future growth. As per the press release, Santiago Sabatés, President and Founder of Eurofragance, welcomed the transition, noting that Jiménez’s deep understanding of the company’s culture, industry expertise, and proven leadership make him well suited to guide Eurofragance through its next phase of development.

Vikram Solar received board approval for a ₹4,371 crore capital expenditure to enter the battery energy storage systems (BESS) market through its wholly-owned subsidiary, VSL Powerhive. The move marks a strategic expansion beyond solar modules into advanced energy storage solutions.

Lithium-Ion BESS Facility to Begin Operations by FY27

The project will initially focus on lithium-ion battery packs, with plans to commission a five gigawatt-hour (GWh) facility by FY27. This development positions Vikram Solar to capitalize on growing demand for grid-scale and renewable-integrated energy storage solutions.

Strong Q3 Performance Drives Confidence

Vikram Solar reported a five-fold increase in net profit for the third quarter of the current financial year, fueled by robust volume growth and improved operational efficiency. Module sales rose 35 percent, reaching 796 MW compared to 590 MW in Q3FY25. Capacity utilisation stood at 90 percent in Q3FY26, reflecting strong demand and effective production planning.

Leadership Highlights Resilient Execution

Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, stated, “We delivered a resilient and disciplined performance, anchored by strong execution volumes and continued improvements in operating efficiency.” As reported by projectstoday.com, the investment in BESS is expected to enhance the company’s growth trajectory and diversify its offerings. It will also strengthen Vikram Solar’s position in India’s renewable energy and storage markets.

The Brazilian National Agency for Petroleum, Natural Gas and Biofuels (ANP) has authorized the start of operations at the country’s first wheat-based ethanol facility. The facility, located in Santiago, Rio Grande do Sul, marks a significant milestone in Brazil’s biofuel diversification efforts, as reported by Brasil 247.

CB Bioenergia Begins Production

The authorization allows CB Bioenergia, a privately held company, to commence ethanol production at its Santiago plant. The federal government officially published the approval in its gazette, confirming regulatory clearance for operational activities. The project involved a construction investment of approximately $18.6 million.

Expansion Plans Target 50 Million Litres by 2027

Industry experts note that the plant’s capacity will rise to 45–50 million litres of ethanol per year by 2027. An additional investment of around US$93 million may be deployed to support this expansion, further strengthening Brazil’s biofuel production capabilities. CB Bioenergia obtained a state operating licence from the government of Rio Grande do Sul in November 2025, making the project feasible. This milestone highlights a coordinated federal-state approach to renewable energy development.

Wheat Joins Brazil’s Biofuel Crop Portfolio

As reported by chinimandi.com, the launch of the wheat-based ethanol plant broadens the range of agricultural crops used for biofuel production in Brazil. Traditionally dominated by sugarcane and corn, Brazil’s biofuel sector is now including wheat. This shift reflects the country’s focus on sustainable feedstock diversification to meet growing energy demand.

Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and Maharatna PSU, today announced the national rollout of PNG and CNG Drive 2.0, reinforcing India’s clean energy transition and supporting the government’s vision to increase the share of natural gas in the country’s energy mix.

Nationwide Campaign

The launch included new television commercials under PNG Drive 2.0, created on behalf of the PNGRB Industry Committee. The campaign features actor and Member of Parliament Shri Ravi Kishan promoting Compressed Natural Gas (CNG) and actor Ms Sakshi Tanwar endorsing Pipe Natural Gas (PNG). The TVCs showcase the safety, affordability, convenience, and environmental benefits of natural gas. They also reinforce the sector’s commitment to cleaner energy adoption in India.

Campaign Runs Across India from January to March 2026

The nationwide drive will run from January 1 to March 31, 2026, under the guidance of the Ministry of Petroleum and Natural Gas (MoPNG) and the Petroleum and Natural Gas Regulatory Board (PNGRB). All City Gas Distribution (CGD) entities across the country are participating.

The initiative aims to accelerate adoption of:

*PNG for households, commercial establishments, and industrial users

*CNG for mobility applications

This will ensure cleaner, safer, and more reliable energy access for all segments.

Leadership Highlights Role in Nation-Building

Subhankar Sen, Director (Marketing), BPCL, stated, “PNG & CNG Drive 2.0 is a strong step towards nation-building and improving ease of living for citizens. Natural gas provides safety, reliability, and uninterrupted supply—from kitchens to mobility—while significantly reducing carbon emissions. With India’s rapid urbanisation and mobility growth, this transition supports cleaner air, modern living, and the vision of a gas-based economy.”

‘Non-Stop Zindagi’ Campaign Emphasises Convenience and Reliability

The campaign theme ‘Non-Stop Zindagi’ positions natural gas as a continuous, worry-free fuel for homes, businesses, and transportation. PNG eliminates the need for cylinder refills, ensures controlled pressure, and enhances safety. CNG supports cleaner mobility without compromising performance or driving experience.

Pan-India Collaboration Among CGD Entities

Rahul Tandon, Business Head – Gas, BPCL, highlighted that the campaign reflects a nationwide partnership among public and private CGD entities. The initiative positions natural gas not just as a utility but as a life enabler. It supports households, commerce, industry, and mobility, while advancing India’s climate commitments, including Net Zero by 2070.

Neera Asthana Phate, GM, Mahanagar Gas Limited, added that PNG powers homes, offices, and restaurants, while CNG fuels cars, buses, and commercial transport. She emphasised that both fuels remain reliable companions throughout life, enabling cleaner living and mobility, and expressed confidence that the campaign will drive a nationwide clean energy movement.

Raman Malik, Head – PR & Brand, BPCL, noted that the initiative underscores the importance of clear communication in advancing India’s clean energy transition. He added that it helps spread awareness and encourages wider adoption across households and mobility sectors.

CGD Sector Achievements and Infrastructure Growth

India’s CGD infrastructure has grown significantly over the past decade:

*Authorised geographical areas increased from ~25–30 in 2014 to 307 areas, covering nearly 100% of the mainland.

*Against a minimum work programme target of 12.64 crore PNG household connections and 18,336 CNG stations by 2034, India has already achieved 1.61 crore PNG connections and 8,500+ CNG stations, laying over 3 lakh km of pipelines.

*Natural gas volumes have risen from 14.8 MMSCMD to 42 MMSCMD, reflecting growing adoption.

Recent PNGRB reforms, including the unified pipeline tariff under ‘One Nation, One Grid, One Tariff’, have improved affordability and access. These changes have led to notable reductions in PNG and CNG prices across regions.

Celebrity Endorsements to Deepen Public Engagement

As part of the awareness drive, the CGD industry has onboarded Sakshi Tanwar for PNG and Ravi Kishan for CNG outreach. These partnerships aim to deepen public engagement and accelerate adoption across urban and semi-urban India.

Driving Cleaner, Safer, and Sustainable Energy

As per the press release, BPCL will continue working with all CGD entities. The aim is to ensure widespread awareness and faster adoption of PNG and CNG. The campaign reinforces the vision of a cleaner, safer, and more sustainable energy future for India. It contributes to cleaner air, reliable energy access, and long-term national development.

Fujiyama Power Systems, a rooftop solar solutions provider in India, commissioned a one GW solar cell manufacturing plant at Dadri, Uttar Pradesh, marking a significant expansion of its domestic manufacturing capabilities.

MNRE Officials Inaugurate Manufacturing Facility

Senior officials from the Ministry of New and Renewable Energy (MNRE) inaugurated the new facility. This underscores its alignment with India’s push for domestic solar manufacturing. The commissioning represents a key milestone in Fujiyama’s growth strategy and reinforces its commitment to strengthening local supply chains.

Strengthening Backward Integration and Supply-Chain Security

Strategically located alongside Fujiyama’s existing manufacturing operations, the Dadri plant complements the company’s current 1.6 GW solar module capacity. Of this, 1.2 GW is already operational at the same site. Importantly, the newly commissioned solar cell capacity will be used entirely for captive consumption. It enables the company to enhance supply-chain security and reduce dependence on imported cells.

Focus on Mono PERC DCR Solar Cells

The Dadri facility will manufacture Mono PERC Domestic Content Requirement (DCR) solar cells. This will allow Fujiyama to cater more effectively to subsidy-linked domestic demand. This capability positions the company to benefit from government-supported rooftop and utility-scale solar programmes that prioritise locally manufactured components.

Investment Supports Capacity Expansion

As reported by projectstoday.com, Fujiyama completed the project with an investment of ₹300 crore, funded through a combination of internal accruals and debt. The investment reflects the company’s confidence in the long-term growth of India’s solar market and its focus on deeper manufacturing integration.

Leadership Highlights

Pawan Kumar Garg, Chairman and Joint Managing Director, said, “The commissioning of our solar cell manufacturing facility at Dadri represents a significant step in strengthening Fujiyama’s manufacturing integration and supporting India’s renewable energy ambitions.”

Maharashtra has entered advanced discussions to set up first thorium-based power plants, marking a significant milestone in the state’s long-term clean energy transition. Through this initiative, the state aims to secure reliable baseload power while reducing dependence on fossil fuels and lowering electricity costs over the long run.

Engagement with DAE and NPCIL to Firm Up Project Plans

To move the proposal forward, the government is working closely with the Department of Atomic Energy (DAE) and the Nuclear Power Corporation of India Limited (NPCIL). The discussions focus on establishing two thorium-fuelled nuclear units on land owned by the state power utility.

Under the current proposal, one unit will have a capacity of 1,540 MW, while the second will add 440 MW. Together, these plants will replace two ageing thermal power stations operated by the utility, modernising the state’s generation mix.

Reducing Fossil Fuel Dependence

By deploying thorium-based nuclear capacity, Maharashtra seeks to ensure stable, round-the-clock electricity supply to support economic growth. At the same time, the shift away from coal-fired generation will help reduce carbon emissions and exposure to fuel price volatility.

The proposed thorium plants are estimated to generate electricity at around ₹3.50 per unit, making it more competitive than most thermal power options over the long term. Although the plants require higher initial capital investment, lower operating costs will likely offset it over their lifecycle.

Thorium Offers Safety and Sustainability Advantages

Thorium is increasingly being viewed as a safer and more sustainable alternative to conventional nuclear fuels. Experts point out that thorium reactors operate at atmospheric pressure and carry a significantly lower risk of meltdown compared to uranium-based systems. Moreover, India possesses one of the world’s largest thorium reserves. This strengthens the case for domestic deployment of thorium technology, enhancing energy security while leveraging indigenous resources.

Policy Coordination and Project Roadmap

The Maharashtra Institution for Transformation (MITRA), the state government’s policy think tank, is coordinating the project’s design and implementation roadmap. The agency is working to align technology choices, regulatory requirements, and financing structures to ensure timely execution. Earlier, Maharashtra had signed an agreement with Russia’s state-owned nuclear company to explore thorium-based small modular reactors. However, collaboration with India’s nuclear utility is now considered a more practical and cost-effective approach.

Regulatory Clearances

Looking ahead, state officials expect regulatory approvals and project clearances to progress in the coming months. As reported by businessworld.in, once cleared, the thorium-based plants could place Maharashtra at the forefront of advanced nuclear energy deployment in India, setting a precedent for clean, reliable, and future-ready power generation.

Bharat Petroleum Corporation Limited (BPCL) completed a comprehensive modernisation of its Vadinar–Bina crude oil pipeline, reinforcing national energy security and ensuring uninterrupted crude transportation amid rising domestic energy demand and evolving cyber security threats.

Critical National Asset Supporting Refinery Operations

Stretching 937 km, the Vadinar–Bina cross-country pipeline serves as a vital national asset, supplying crude oil to BPCL’s Bina Refinery. With a throughput capacity of 7.8 million metric tons per annum (MMTPA), the pipeline plays a central role in maintaining stable refinery operations and supporting India’s growing energy needs.

Focus on Automation, Monitoring, and Cyber Security

As part of the modernisation programme, BPCL upgraded automation, real-time monitoring, and cyber security systems across the entire pipeline network. These enhancements have strengthened network protection and improved system resilience. They also enable centralised monitoring of pipeline operations, allowing faster detection and response to potential risks.

Seamless Execution Without Operational Disruptions

Importantly, BPCL executed the entire upgrade without any operational shutdowns. The company maintained continuous pipeline operations throughout the transition, ensuring an uninterrupted supply of crude oil to the Bina Refinery. It also seamlessly integrated advanced digital and cyber security capabilities.

Strengthening Energy Infrastructure for the Future

As reported by timesofindia.indiatimes.com, BPCL has successfully completed the project. The company has strengthened its pipeline infrastructure to meet future energy demand and tackle emerging cyber and operational risks. The modernised Vadinar–Bina Pipeline is now better equipped to support reliable, secure, and resilient crude oil transportation across the country.

Tagros Chemicals India has taken a significant step to strengthen its global footprint by acquiring global brand assets linked to Bayer AG’s Flubendiamide (FLB) active ingredient business across Latin America, EMEA, and the Asia-Pacific regions. With this move, Tagros advances its ambition to deliver world-class crop protection solutions to farmers worldwide.

Acquisition Covers Leading Global Brands and Formulations

Under the definitive agreement, Tagros has acquired solo and mixture formulations of Flubendiamide along with a comprehensive set of business assets. These include globally recognised brands such as BELT, FAME, FENOS, FENOS QUICK, BELT EXPERT, and TIHAN, all of which hold strong equity in international crop protection markets.

Indian Farmers Gain Access to Proven Diamide Solutions

For Indian farmers, the acquisition unlocks access to trusted, high-performance Diamide-based insecticide solutions used globally to control insect pests in key crops, including rice, cotton, vegetables, pulses, and fruits. Flubendiamide-based products offer a targeted mode of action, long-lasting efficacy, and a favourable safety profile. As a result, they help farmers protect crop yields while supporting sustainable and responsible agricultural practices.

Manufacturing Strength and Technical Support to Drive Value

Tagros leverages its robust manufacturing infrastructure, deep technical expertise, and strong understanding of local agronomy. The company aims to improve the availability of advanced formulations in India. At the same time, farmers will get benefit from consistent product quality and enhanced technical and field-level support. This move aligns closely with Tagros’ long-term commitment to improving farm productivity, reducing crop losses, and strengthening food security in India.

Global Expansion Across More Than 25 Countries

The acquisition gives Tagros immediate access to markets in over 25 countries. It significantly expands the company’s presence across Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region. In parallel, the transaction reinforces Tagros’ leadership in the Diamide insecticide segment. Diamides are one of the most critical and widely used classes of modern crop protection products worldwide.

A Defining Moment in Tagros’ Growth Journey

The company said, “This transaction marks a defining moment in Tagros’ journey. By combining Bayer’s globally established Flubendiamide portfolio with Tagros’ scale, technical depth, and manufacturing strength, we are well positioned to serve farmers across geographies with reliable and innovative crop protection solutions.”

Strategic Entry into Branded B2C Formulations

As per the press release, importantly, the acquisition marks Tagros’ strategic entry into the B2C formulations business. The acquired formulations portfolio will be housed under Arqivo, Tagros’ newly established entity focused on branded formulations and closer engagement with end users. Through Arqivo, Tagros plans to build strong, farmer-centric brands, expand field-level outreach, and deliver solutions tailored to local agronomic needs.

Accelerating the Shift to an Integrated Global Player

With this transaction, Tagros accelerates its transformation from a primarily active-ingredient-focused company. It is becoming an integrated global crop protection player with strong downstream capabilities. The move enhances customer relationships, strengthens brand equity, and creates long-term value across the agricultural value chain.

Supporting Sustainable Agriculture at Scale

As Indian agriculture faces rising pest pressures, climate variability, and the need for higher productivity, Tagros’ expanded portfolio and global expertise will play a vital role. Through science-driven and sustainable crop protection solutions, the company aims to support farmers in India and across global markets.

DCM Shriram Ltd., a diversified and integrated business group with a growing footprint across the agri value chain, chemicals and vinyls, and building material products, announced its financial results for the quarter ended December 31, 2025 (Q3 FY26). Despite a volatile global business environment, the company demonstrated operational resilience and reaffirmed the strength of its long-term strategy.

Revenue Growth Across Key Business Segments

During the quarter, DCM Shriram delivered growth across all major business lines—Chemicals, Sugar and Ethanol, Fenesta Building Systems, and Shriram Farm Solutions. Net revenues (net of excise duty) stood at ₹3,811 crore, while PBDIT reached ₹560 crore and PAT came in at ₹213 crore.

Compared to Q3 FY25, net revenue increased by 13% and PBDIT rose by 4%. However, PAT declined by 19% due to a one-time exceptional charge of ₹55 crore arising from the implementation of new labour codes. Additionally, the company announced a dividend payout of ₹56.14 crore during the quarter.

Leadership Commentary

Ajay Shriram, Chairman and Senior Managing Director, and Vikram Shriram, Vice Chairman and Managing Director, highlighted the changing global business environment shaped by geopolitical volatility, tighter financial conditions, and rapid technological disruption.

They noted that while trade realignments, tariff actions, and prolonged regional conflicts continue to disrupt supply chains and elevate cost structures globally, India stands out due to its resilient macroeconomic fundamentals and demographic-driven growth in consumption, entrepreneurship, and formalisation.

Chemicals Business Delivers Volume-Led Growth

Against this backdrop, DCM Shriram’s Chemicals business delivered strong volume-led growth during the quarter. The company’s strategic shift toward downstream and value-added products continued to gain momentum.

The Epichlorohydrin (ECH) facility, commissioned in the previous quarter, witnessed encouraging market acceptance. Moreover, the recent announcement of anti-dumping duties on liquid epoxy resins is expected to accelerate the turnaround of the epoxy business acquired last quarter. Going forward, the company remains focused on ramping up capacity utilisation across ECH and epoxy, which will further enhance integrated consumption of caustic soda and chlorine.

Sugar and Ethanol

In the sugar and ethanol segment, domestic production estimates were revised downward, while the government announced an export quota of 1.5 million metric tons. Despite these developments, the industry expects a closing stock of approximately 6.2 MMT for the season. At the same time, an increase in the State Advised Price (SAP) has raised cost pressures. As a result, the industry is engaging with the government to seek support through higher sugar MSP and enhanced ethanol blending targets to ensure long-term sustainability of mills. During the quarter, the segment also benefited from higher sugar prices, improved volumes, and a ₹36 crore reversal related to retrospective ethanol export duties.

Fenesta Strengthens Presence in Building Materials

Fenesta Building Systems continued to strengthen its position in the building materials market by expanding and diversifying its product and service offerings. The business focused on enhancing service quality while increasing its share of customers’ overall spending through deeper engagement and value-added solutions.

Shriram Farm Solutions Posts Resilient Growth

Shriram Farm Solutions delivered steady performance during the quarter, driven by strong growth in crop protection and research wheat seed segments. Notably, the business recorded its highest-ever quarterly sales of research wheat seed, reinforcing its leadership position. Overall, the segment reported a 7% increase in revenue to ₹756 crore.

Strategic Updates and Capacity Expansion

DCM Shriram reported strong top-line growth across businesses, led by Chemicals (+30%), Sugar and Ethanol (+15%), Fenesta (+28%), and Bioseed (+16%). Chemicals volumes benefited from new projects including Hydrogen Peroxide, Aluminium Chloride, Epichlorohydrin, and the epoxy acquisition, while caustic soda volumes increased by 6%.

On the expansion front, the company completed the acquisition of an epoxy plant in August 2025 and partially commissioned the greenfield Epichlorohydrin plant at Bharuch in October 2025. In addition, several projects are under implementation, including an aluminium extrusion plant and a captive renewable energy facility at Kota, aluminium chloride and calcium chloride plants at Bharuch, and the acquisition of salt works.

Outlook: Building Future-Ready Businesses

Supported by a strong balance sheet and disciplined capital allocation, DCM Shriram remains well positioned to pursue growth opportunities aligned with its long-term strategic priorities. As per the press release, the company reiterated its commitment to scaling core operations and expanding into adjacent and new businesses to strengthen backward and forward integration and build resilient, future-ready enterprises.