
Acquisitions23 Mar 2026, 10:17 am
Euro Pratik Sales Ltd Acquires 51% Stake in Chawla Brothers for Rs. 32.20 Crore & Declares Interim Dividend
AI Summary
Euro Pratik Sales Ltd, formerly known as Euro Pratik Sales Pvt. Ltd., has approved the acquisition of a 51% stake in Chawla Brothers, a partnership firm based in Jalandhar and Ludhiana. The total investment for this acquisition is Rs. 32.20 crore. Chawla Brothers is a wholesale and retail business dealing in wall panels, premium laminates, veneer, and plywood. The acquisition aims to enhance regional presence, boost brand visibility, and enable deeper penetration in North India for the company’s products. The company also declared an interim dividend of Re. 0.20 (Twenty Paise only) per Equity Share for the financial year 2025-26.
Key Highlights
- Euro Pratik Sales Ltd to acquire 51% stake in Chawla Brothers for Rs. 32.20 crore
- Chawla Brothers is a wholesale and retail business dealing in wall panels, premium laminates, veneer, and plywood
- Acquisition aims to enhance regional presence, boost brand visibility, and enable deeper penetration in North India
- Euro Pratik Sales Ltd declares interim dividend of Re. 0.20 per Equity Share for the financial year 2025-26