Jayshree Chemicals’ Bold Breakup: Wind Power Sold, Electric Division Unplugged

Jayshree Chemicals Ltd has unveiled a daring strategic revamp, heralding a new era in its corporate history. The Board of the company has cleared the sale of its Wind Mill Division to Vaishnav Infra, with a view to releasing value from non-core assets as well as intensifying its focus on business. Concurrently, Jayshree Chemicals will close its Electric Business Division, marking a clear break from the business.

 

Key Highlights:

These seminal moves set Jayshree Chemicals up for a sharper, more resilient future in the transforming chemicals industry.

 

Sources: Economic Times, Business Standard, Moneycontrol