India Cements To Divest Entire Stake In Industrial Chemicals And Monomers 

By BasisPoint Insight

June 24, 2025 at 9:48 AM IST

India Cements Ltd. on Saturday said its board has approved the sale of its entire shareholding in subsidiary Industrial Chemicals and Monomers Ltd. to Chennai-based Mirai Sensing Pvt. Ltd. for ₹976.8 million.

The sale is expected to be completed within six months from the date of the agreement, the company said in a stock exchange filing.