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Furniture, Home Furnishing
Acquisitions23 Mar 2026, 08:56 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., held a Board Meeting on 23rd March, 2026. The meeting resulted in the approval of the acquisition of a 51% stake in Chawla Brothers, a Partnership Firm located in Jalandhar and Ludhiana, for a total investment of Rs. 32.20 crore. Chawla Brothers operates in the wholesale and retail business of Wall Panels, Premium Laminates, Veneer, Plywood, and other surface decorative products. 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, i.e., 20% of the paid-up share capital of the Company, having a face value of Re. 1/- (Rupee one only) each.

Key Highlights

  • Euro Pratik Sales Ltd to acquire 51% stake in Chawla Brothers for Rs. 32.20 crore
  • Acquisition aims to enhance regional presence and boost brand visibility
  • Chawla Brothers operates in the wholesale and retail business of Wall Panels, Premium Laminates, Veneer, Plywood, and other surface decorative products
  • Euro Pratik Sales Ltd declares interim dividend of Re. 0.20 per Equity Share
  • Interim dividend to be credited / dispatched to shareholders from 28th March, 2026 to 20th April, 2026
EUROPRATIK
Furniture, Home Furnishing
Euro Pratik Sales Ltd

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