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

Capital Market 

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

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

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 14 2019. 11:49 IST
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