StockWatch
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Plastic Products - Industrial
Acquisitions11 Jun 2026, 04:51 pm

Astral Ltd Subsidiary Acquires 60% Stake in DSS for ₹39.11 Cr

AI Summary

Astral Ltd's wholly-owned subsidiary, Astral Chemie Limited, has entered into definitive agreements to acquire a 60% partnership interest in Differentiated and Sustainable Solutions LLP (DSS) for an aggregate consideration of ₹39.11 Crores. This acquisition is expected to be completed by August 31, 2026. DSS specializes in developing technologies for Specialty Chemicals & Materials for sectors like electronics, aerospace, renewable energies, and infrastructure. Upon completion, DSS will become a step-down subsidiary of Astral Limited. The transaction is not considered a related party transaction.

Key Highlights

  • Astral subsidiary acquires 60% stake in DSS for ₹39.11 Cr.
  • DSS develops specialty chemicals for electronics, aerospace, and renewables.
  • Acquisition expected to complete by August 31, 2026.
  • DSS will become a step-down subsidiary of Astral Limited.
  • Transaction is an arm's length, not a related party deal.