Anupam Rasayan, a chemical manufacturer, completed the acquisition of a 24.96% stake in Tanfac Industries, a chemical manufacturer, from Aditya Birla Group, a business conglomerate, for ₹1.48bn. "We are excited to create significant value through synergies and expand our fluorination chemistry business. Tanfac has an excellent management team and with this talent, we will together take its business to the next level. We look forward to work with them for a smooth integration," Anand Desai, Anupam Rasayan Managing Director.