Vishnu Chemicals Provides Update on UAE Subsidiary Closure Process

1 min read     Updated on 27 Oct 2025, 04:22 PM
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Overview

Vishnu Chemicals Limited announced the ongoing voluntary winding-up of its wholly owned subsidiary, Vishnu International Trading FZE, located in the UAE. The closure process, initially communicated on July 23, 2025, is expected to be completed within approximately 6 months from the latest update on October 27, 2025. This disclosure was made in compliance with SEBI regulations and is available on the company's website and stock exchanges.

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Vishnu Chemicals Limited has recently provided an update on the closure of its wholly owned subsidiary, Vishnu International Trading FZE, located in the United Arab Emirates (UAE). The company disclosed this information in a regulatory filing to the stock exchanges on October 27, 2025.

Key Details of the Subsidiary Closure

Aspect Details
Subsidiary Name Vishnu International Trading FZE
Location UAE
Closure Process Voluntary winding-up
Expected Completion Time Approximately 6 months
Initial Announcement Date July 23, 2025

Closure Process

The company stated that Vishnu International Trading FZE is currently undergoing a voluntary winding-up process. This process, which began following the company's initial communication on July 23, 2025, is expected to reach completion within approximately six months from the date of the latest update.

Regulatory Compliance

Vishnu Chemicals Limited made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This regulation mandates listed entities to inform the stock exchanges about material events or information.

Transparency Measures

The company has ensured transparency by making this information available on its official website at www.vishnuchemicals.com , in addition to the regulatory filings with the BSE Limited and the National Stock Exchange of India Limited.

As the winding-up process unfolds, stakeholders and investors will likely keep a close watch on any further updates from Vishnu Chemicals regarding the closure of its UAE subsidiary and any potential impact on the company's operations or financials.

Historical Stock Returns for Vishnu Chemicals

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Vishnu Chemicals Launches Strontium Carbonate Production at Visakhapatnam Facility

1 min read     Updated on 20 Aug 2025, 11:19 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Vishnu Chemicals has commenced Strontium Carbonate production at its Atchutapuram unit in Visakhapatnam through its subsidiary, Vishnu Strontium Private Limited. The company also launched a 100-day 'Saksham Niveshak' campaign to assist shareholders in claiming unpaid dividends and updating KYC details.

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Vishnu Chemicals Limited has announced a significant expansion of its product portfolio with the commencement of Strontium Carbonate production at its Atchutapuram unit in Visakhapatnam, Andhra Pradesh. This strategic move marks a notable milestone in the company's growth trajectory and diversification efforts.

New Production Line Details

The company officially began commercial production of Strontium Carbonate on August 20, 2025, through its wholly-owned subsidiary, Vishnu Strontium Private Limited. The new manufacturing operations are situated at the company's facility in Atchutapuram, Visakhapatnam, further strengthening Vishnu Chemicals' presence in the specialty chemicals sector.

Strategic Implications

The introduction of Strontium Carbonate to Vishnu Chemicals' product lineup is a significant development for the company. Strontium Carbonate is a versatile chemical compound with applications across various industries, including electronics, ceramics, and pyrotechnics. This expansion into Strontium Carbonate production could potentially open new market opportunities and revenue streams for the company.

Corporate Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Vishnu Chemicals promptly informed the stock exchanges about this development. The disclosure, made through the company's Company Secretary and Compliance Officer, Vibha Shinde, underscores the company's commitment to transparency and adherence to regulatory requirements.

Investor Education Initiative

In a separate but noteworthy development, Vishnu Chemicals has also launched a 100-day campaign titled "Saksham Niveshak" on August 19, 2025. This initiative, in response to a circular from the Investor Education and Protection Fund Authority (IEPFA), aims to assist shareholders in claiming unpaid or unclaimed dividends and updating their KYC details.

The "Saksham Niveshak" campaign, running from July 28, 2025, to November 6, 2025, encourages shareholders to contact the company's Registrar and Transfer Agent, Bigshare Services Private Limited, to address any issues related to unclaimed dividends or shares. This proactive approach demonstrates Vishnu Chemicals' commitment to shareholder welfare and corporate governance.

As Vishnu Chemicals embarks on this new phase of production and shareholder engagement, investors and industry observers will be keenly watching the impact of these developments on the company's future performance and market position in the specialty chemicals sector.

Historical Stock Returns for Vishnu Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%+3.07%+7.10%+13.26%-2.48%+1,443.71%
Vishnu Chemicals
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