532.80 16.10(3.12%)
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Heubach Colorants India Limited, formerly known Clariant Chemicals (India) Limited was incorporated in 1956 with technical and financial collaboration of Hoechst and Bayer AG and three Indian business groups -- the Ruias, the Khataus and Ghias. Due to change in ownership structure of the Company post -acquisition by SK Capital and Heubach Group, Company changed the name from Clariant Chemicals (India) Limited' to Heubach Colorants India Limited from October 17, 2022. The Company manufactures and sells pigments, preparations, and dyes for use in the coatings, plastic, printing, non-impact printing (NIP), and special applications in home and personal care, agriculture, stationery, fibres, etc. sectors.In October 2000, 50.1% equity stake of the company held by Hoechest AG, Germany was transferred to EBITO Chemiebeteiligungen AG, Switzerland, a subsidiary of Clariant International AG, Switzerland and subsequently EBITO acquired 20% stake of the company in 2005. Now EBITO holds 70.1% Equity stake of the company.Subsequently to the merger of the Speciality Chemicals Division of Hoechst AG with Clariant AG in 1997, CCL has become a part of the global Clariant group. CCL has subsidiaries, Vanavil Dyes & Chemicals in Cuddalore, Tamil Nadu and Kundalika Investments Ltd.CCL is a...