Board of DCM Shriram approves transfer of 50% stake in Shriram Polytech to Teknor
Mumbai, April 16 -- The board of DCM Shriram at its meeting held on 16 April 2026 has approved execution of Shareholders' Agreement, Share Purchase Agreement and other transaction documents amongst the Company, Shriram Polytech (SPL), wholly owned subsidiary of the Company, and Teknor Apex B.V. (Teknor), pursuant to which the Company will transfer 50% equity stake held in SPL to Teknor, for a cash consideration of USD 5.6 million.
Published by HT Digital Content Services with permission from Capital Market....
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