DCM Shriram subsidiary Shriram Polytech forms joint venture PolyTek with Teknor Apex B.V. to develop advanced polymer compounds.
JV combines Shriram's domestic manufacturing with Teknor's global formulation capabilities for high-performance polymer solutions.
Partnership aims to leverage India's manufacturing growth and strengthen supply chain resilience across industrial applications.
Announcement made via SEBI Regulation 30 disclosure dated April 16, 2026, with leadership comments from both companies.