AZB acts $46m SRF sale of plastics business to DSM India (May ‘19)

SRF … informed the exchanges of the transfer of its plastics business to DSM India Private Limited. In accordance with a business transfer agreement entered into between the company and DSM India on May 11, the engineering plastics business has been divested to DSM India from August 1, it added.

— Hindu Business Line

AZB & Partners advised SRF Limited led by a team of partner Daksh Trivedi, associate Sourya Donkada.

2019-05-11

Deal value: INR 3.2 Billion / USD 46 Million

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