
Acquisitions2 Sept 2025, 08:05 pm
Sudarshan Europe B.V. to Acquire 26.00% Stake in Heubach Colorants India Ltd for INR 602.03 per Share
AI Summary
Sudarshan Europe B.V., along with Sudarshan Chemical Industries Limited, Sudarshan Switzerland HLD1 AG, and Sudarshan Switzerland HLD2 AG, has made an open offer to acquire 26.00% of the voting share capital in Heubach Colorants India Ltd. The offer price is INR 602.03 per equity share, payable in cash. The offer is not conditional upon any minimum level of acceptance and is not a competing offer. The offer is not subject to any statutory approvals, except where applicable to some but not all of the public shareholders. The acquirer may withdraw the offer in accordance with the terms and conditions specified. The offer opens on September 11, 2025, and closes on September 24, 2025.
Key Highlights
- Sudarshan Europe B.V. to acquire 26.00% stake in Heubach Colorants India Ltd
- Offer price is INR 602.03 per equity share
- Payment is in cash
- Not conditional upon any minimum level of acceptance
- Offer is not a competing offer
- Acquirer may withdraw the offer under certain conditions
- Offer opens on September 11, 2025, and closes on September 24, 2025