Tata Chemicals Ltd Acquisition Details

Novabay produces 60,000 tons annually (expandable to 100,000 tons) for markets in Europe, Americas, Asia, and more, aligning with steady demand from haemodialysis and personal care. The deal, expected to close by March 2026, enhances Tata Chemicals' premium bicarb capabilities per MD & CEO R. Mukundan. Shares closed at ₹763 on December 19, down 1.88%.