Acquisitions9 Sept 2026, 06:40 pm
Anupam Rasayan Acquires ₹60.88 Cr Stake in Tanfac Industries
AI Summary
Anupam Rasayan India Ltd has completed the acquisition of equity shares in Tanfac Industries Limited through a preferential issue. The company acquired 2,60,065 equity shares at a price of ₹2,341 each, for an aggregate consideration of ₹60,88,12,165. This acquisition was completed following the acceptance and execution of the private placement offer-cum-application form by Anupam Rasayan. The details of this transaction were previously intimated on September 7, 2026, and will be hosted on the company's website.
Key Highlights
- Anupam Rasayan acquired 2,60,065 shares in Tanfac Industries.
- The total acquisition cost amounts to ₹60.88 Crores.
- Shares were acquired on a preferential issue basis.
- The transaction was completed via a private placement offer.
- This is a strategic investment by Anupam Rasayan.
Price Impact
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