Vahh Chemicals Approves ₹5 Lakh Investment for 50% Stake in V.Indus Silicone Technologies

Vahh Chemicals Limited has approved a ₹5,00,000 investment to acquire a 50% equity stake in V.Indus Silicone Technologies Private Limited, a new entity for silicone polymers and elastomers. The board authorized the subscription of 50,000 equity shares at ₹10 each through cash consideration at a meeting on October 24, 2026, ScanX reported.

Vahh Chemicals' Silicone Joint Venture

The proposed subsidiary will operate in chemical manufacturing and trading, with a scope covering silicone polymers, compounds, fluids, oils, gels, emulsions, resins, rubbers and elastomers in raw, semi-processed or finished forms. Vahh Chemicals will hold 50% of the paid-up share capital, an equal split that the filing describes as a shared control structure with a partner entity not named in the disclosure.

The regulatory filing states that no specific governmental or regulatory approvals are required beyond standard incorporation processes, and incorporation of the entity is currently in process in India. The ₹5,00,000 outlay is modest, indicating the initial phase is focused on establishing the corporate framework and securing joint venture status rather than immediate large-scale capital deployment.

Vahh Chemicals' Recent Investment Run

On October 19, 2026, the board approved a ₹4.90 lakh investment for a 49% stake in Vedant Chemical Solutions Limited, a new entity for textile printing and dyeing chemicals, subscribing 49,000 equity shares at ₹10 each in cash, ScanX reported. On July 30, 2026, Vahh Chemicals launched a digital printing chemicals vertical with an initial ₹25 lakh investment, targeting the textile printing industry with inks and coatings, according to ScanX. The company's IPO opened on the BSE SME platform on June 4, 2026 at a fixed price of Rs 60 per share, aiming to raise Rs 13.45 crore through a fresh issue of 22.42 lakh shares, The Economic Times reported.

Covestro and LyondellBasell Partnerships

Covestro and ALBIS marked 60 years of distribution collaboration at Fakuma 2026, a partnership that began in Germany in 1966 and now covers polycarbonate, polycarbonate blend and TPU portfolios, with plans to expand in e-mobility, healthcare and sustainable packaging, Manufacturing Today India reported on October 19, 2026. On October 12, 2026, LyondellBasell said it is collaborating with exoIQ on materials for the B900 active back exoskeleton, supplying glass fiber-reinforced polyamide, polypropylene and masterbatch solutions, Plastics Today reported.