Acquisitions23 Mar 2026, 02:41 pm
Euro Pratik Sales Ltd Declares Interim Dividend & Approves 51% Stake Acquisition in Chawla Brothers
AI Summary
Euro Pratik Sales Ltd has declared an interim dividend of Re. 0.20/- per Equity Share for the financial year 2025-26. The record date for determining the eligible shareholders is set for 27th March, 2026. The company also announced its decision to acquire a 51% stake in Chawla Brothers, a Partnership Firm situated in Jalandhar and Ludhiana, for a total investment of Rs. 32.20 crore. The acquisition is expected to be completed by 31st March, 2026.
Key Highlights
- Euro Pratik Sales Ltd declares interim dividend of Re. 0.20/- per Equity Share
- Record date for dividend eligibility set to 27th March, 2026
- Company to acquire 51% stake in Chawla Brothers for Rs. 32.20 crore
- Chawla Brothers is a Partnership Firm dealing in Wall Panels, Premium Laminates, Veneer, and other surface decorative products
- Acquisition aimed at enhancing regional presence and boosting brand visibility