SRF enters into definitive agreement to sell its Engineering Plastics Business to DSM

SRF announced on 11 May 2019 that it has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences company in an all-cash transaction, amounting to Rs 320 crore.

The company's Engineering Plastics Business manufactures multiple grades of engineering plastic compounds, catering to the automotive and electrical industries.

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