Birlanu Limited (formerly HIL Limited), a part of the multi-billion-dollar CKA Birla Group, has announced a strategic move to strengthen its position in the construction chemicals segment. The company has signed an agreement to acquire Clean Coats Private Limited, a leading Indian manufacturer of high-performance coatings and specialized construction chemicals, for a total consideration of up to Rs 120 crore.

Acquisition Details

The acquisition, approved by Birlanu's Board of Directors on November 7, 2025, involves purchasing 100% of the issued and paid-up equity share capital of Clean Coats. The deal is structured at an enterprise value of Rs 92.50 crore on a cash-free and debt-free basis, subject to net working capital and other adjustments.

Strategic Rationale

This acquisition aligns with Birlanu's commitment to scaling its construction chemicals business. Clean Coats, established in 1999, brings to the table:

• A comprehensive portfolio including epoxy and polyurethane coatings, anti-corrosion linings, flooring systems, and waterproofing solutions
• Presence in over 27 countries globally
• In-house R&D and application development capabilities

Financial Highlights

The acquisition comes at a time when Birlanu has reported mixed financial results for the quarter ended September 30, 2025:

Despite a modest increase in revenue, the company reported a net loss of Rs 42.86 crore for the quarter, compared to a profit of Rs 14.67 crore in the same period last year.

Management Commentary

Avanti Birla, President of Birlanu, emphasized the strategic importance of the acquisition, stating, "This transaction brings together Clean Coats' technical expertise, proven formulations, and export capability with Birlanu's strong brand presence, market reach, institutional relationships, and execution scale."

Akshat Seth, Managing Director and CEO of Birlanu, added, "The acquisition of Clean Coats is a step forward in our commitment to double our portfolio over the next three years, with an investment outlay of over Rs 1,300 crore."

Future Outlook

The acquisition is expected to:

1. Strengthen Birlanu's position as a leading provider of building products and solutions
2. Expand the company's reach across project and retail channels
3. Create long-term value for shareholders through participation in the fast-growing construction chemicals segment

As Birlanu integrates Clean Coats into its operations, investors and industry observers will be watching closely to see how this strategic move impacts the company's financial performance and market position in the coming quarters.

Note: The acquisition is subject to customary closing conditions and is expected to be completed by November 30, 2025.

Birlanu , a prominent player in the building materials industry, has announced the resumption of its manufacturing operations across six states in India. This development comes after the company received necessary approvals from local authorities, marking a significant step towards normalcy amidst the ongoing COVID-19 pandemic.

Widespread Resumption of Operations

The company has restarted its manufacturing activities at facilities located in:

• Maharashtra (Wada)
• Andhra Pradesh (Kondapalli)
• Odisha (Balasore)
• Jharkhand (Jaisidih)
• Gujarat (Golan)
• Haryana (Jhajjar)

Birlanu obtained the required approvals from authorities in Maharashtra and Andhra Pradesh to commence manufacturing activities, subject to compliance with guidelines set by the Ministry of Home Affairs (MHA).

Safety Measures and Compliance

In line with the regulations stipulated by the MHA and respective state governments, Birlanu has implemented comprehensive safety and health measures for its employees and customers. These precautions are crucial to ensure a safe working environment and to mitigate the risk of COVID-19 transmission.

Operational Challenges and Adaptations

While the resumption of operations is a positive development, Birlanu faces operational challenges due to the ongoing pandemic:

1. Limited Infrastructure: The company is currently operating with restricted infrastructure as many employees continue to work from home.

2. Partial Dispatches: Birlanu has initiated dispatches in unaffected areas, indicating a phased approach to full-scale operations.

This strategic restart of manufacturing activities across multiple states signals Birlanu's efforts to balance business continuity with safety considerations. As the situation evolves, the company's ability to adapt to the new normal while maintaining productivity will be crucial for its performance in the coming months.