Acquisitions9 Jul 2026, 09:30 pm
Dhampur Bio Organics Acquires 74% Stake in DBION Private Limited
AI Summary
Dhampur Bio Organics Ltd has successfully completed the acquisition of 74% of the equity shares in DBION Private Limited (formerly Sonitron Chemicals Private Limited). The acquisition involved 7400 equity shares at Rs. 10 each, totaling Rs. 74,000. This strategic move, in line with a Joint Venture Agreement with Orgonew Private Limited, makes DBION Private Limited a subsidiary of Dhampur Bio Organics and a Joint Venture Company. Previous intimations regarding this acquisition were made on April 20, 2026, May 30, 2026, and June 04, 2026.
Key Highlights
- Dhampur Bio Organics completes acquisition of 74% in DBION Private Limited.
- Acquisition cost amounts to Rs. 74,000 for 7400 shares.
- DBION Private Limited is now a subsidiary and Joint Venture Company.
- Transaction aligns with Joint Venture Agreement with Orgonew Private Limited.
Price Impact
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