DCM Shriram Acquires Four Salt Works to Boost Chemicals Business Supply Chain
29 October 2025, New Delhi: DCM Shriram Ltd. today announced that its Board has approved the signing of a definitive agreement to acquire a 100% stake in four companies engaged in the production of industrial salt, for a total purchase consideration of ₹175 crore.
Two of these entities Manek Salt Works and Shree Raj Salt & Chemical Works are located in Dahej, approximately 70 km from the Company’s Jhagadia (Bharuch) Chlor-Alkali complex, while Devjagan Salt Farm Pvt. Ltd. and Maruti Salt Farm Pvt. Ltd. are situated in Jambusar, about 110 km from the Jhagadia Complex.
Together, the four salt works cover an area of over 1,077 acres and have a combined production capacity of 2.1 lakh MT of washed industrial salt per annum, accounting for nearly 13% of DCM Shriram’s annual salt requirement.
This acquisition is a step toward backward integration, aimed at strengthening the raw material supply chain for DCM Shriram’s Chemicals Business.
Mr. Ajay Shriram, Chairman & Senior Managing Director, and Mr. Vikram Shriram, Vice Chairman & Managing Director, said, “Salt is a critical raw material for our Chemicals Business, and this acquisition will address a long-standing strategic vulnerability in our supply chain. With rising demand for industrial salt across multiple end-use industries and increasing competition for coastal land from other sectors such as renewables, securing access to these salt works at Dahej and Jambusar will be a timely and forward-looking step. The acquisition will ensure raw material security, optimize logistics costs, and further strengthen our integrated chemical value chain.”
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