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Himadri Speciality Acquires 16% Stake in U.S.-Based International Battery Company
SPICOS - Chemical, Fertilizer, Oil & Gas, Petrochemical, Process & Water
|June - August 2025
Himadri Speciality, a clean-tech firm, announced in Mya 2025, that it plans to buy a 16.24% stake in International Battery Company.
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This move aims to boost its role in the mobility and energy storage markets. The company has already invested around USD 4.43 million (roughly Rs 37.47 crore) in the US-based firm, which develops and makes lithium-ion (Li-ion) cells. Details of the deal size and completion date remain undisclosed. The investment was made using a mix of preferred and common shares,
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