Sudarshan Chemical Acquires 15.89% Stake in Sudarshan Colorants

Sudarshan Chemical Industries Limited, a promoter of Sudarshan Colorants India Limited, proposes to acquire 36,68,036 equity shares, representing 15.89% of the equity share capital, from Sudarshan Europe B.V. This acquisition is part of an internal restructuring within the Sudarshan Chemical Group. Notably, this transaction will not alter the consolidated total shareholding of the Promoter and Promoter Group in Sudarshan Colorants India Limited. The acquisition price will be determined on the day prior to the acquisition date and will not exceed the SEBI SAST Regulations limit. The volume-weighted average market price for the 60 trading days preceding the notice was ₹391.62.