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SANMAR GROUP
Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...- Greek, Indian tankers U-turn before Hormuz amid reopening doubtSeveral oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowner...
- Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chiefKumar cited personal reasons for his resignation. Tummalaganti, who brings over two decades of experience, began his career at Ernst & Youn...
- Cabot Sanmar announces Rs 220 crore expansion of manufacturing capacity for fumed silicaCabot Sanmar announced the expansion of their fumed silica manufacturing capacity with an investment of Rs 220 crore ($25 million) to meet ...
- Emami MD Harsha Vardhan Agarwal takes over as Ficci chiefHarsha Vardhan Agarwal, Vice Chairman & Managing Director of Emami Limited, assumed the role of president at FICCI for 2024-25, succeeding ...
- N Sankar, industry icon and Chairman of Sanmar, passes awayAmong many felicitations, Sankar was awarded the Chemicals and Petrochemicals Award (2019) for distinguished contribution to the petrochemi...
- Chemplast Sanmar rises 10% after credit rating upgradeIndia Ratings and Research (Ind-Ra) has upgraded Chemplast Sanmar's Long-Term Issuer Rating to 'IND A+' from 'IND A-', with a positive outl...
- Chemplast Sanmar zooms 15% after strong Q3 showThe flagship company of Sanmar Group reported a standalone net profit at Rs 142.82 crore for the quarter ended December 2021. It registered...
- Delisted Chemplast Sanmar files papers for Rs 3,500 crore IPOThe company, which was delisted about a decade ago, is now coming back to the stock market and will likely file the draft Red herring Prosp...
- Fairfax India to raise stake in Sanmar GroupThe transaction is expected to be completed in the first half of 2019.
- Prem Watsa’s Fairfax Financial to buy large stake in Chennai-based SanmarFounded by one of Tamil Nadu’s older business families in the 1970s, Sanmar has interests in chemicals, valves, engineering and foundries.
- Egyptian PM praises Indian manufacturing facilitiesThe Prime Minister toured the premises, and received a briefing on the nature of the project, its contribution to the Egyptian economy, and...
- Sanmar Group to raise Rs 250 crore from KKR to reduce debtThe PE fund is likely to subscribe to the convertible debentures issued by Sanmar Engineering Tech, the holding company for the engineering...
- Sanmar Group plans to invest $200 million to expand factory in EgyptSanmar Group plans to spend $200 million to expand its polyvinyl chloride (PVC) factory in Port Said's industrial zone in Egypt, the countr...
- KKR to give Rs 400 crore structured loan to debt-laden Sanmar GroupRs 400 crore to Chennai-based Sanmar Group, which is battling to cut debt and resurrect its fortunes after delisting its main company from ...
- Sanmar group to invest $1.3 bn for expansion in EgyptSanmar Group had acquired Trust Chemical Industries LLC (now TCI Sanmar Chemicals SAE) in South Port Said, Egypt, in March 2007.
- Merck acquires Sanmar biz in BangaloreThe Chennai-based Sanmar Group on Tuesday announced the sale of the closely held Bangalore Genei (India) (BGIP) to Merck Specialities.
- TCI Sanmar Chemicals achieve fin closure for its $ 868 mn Egypt projectSanmar group has said TCI Sanmar Chemicals LLC achieved financial closure on March 30 for its $ 868 million VCM\PVC project at Port Said in...
- Sanmar eyes top global spot in core chemicalsChennai-based Sanmar group is flexing its muscle to become one of the top global players in the core business of chemicals ( caustic soda, ...
- Actavis acquires Sanmar subsidiaryActavis Group, the global generic pharma company, has announced the acquisition of the Active Pharmaceutical Ingredient (API).
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