Acquisitions21 Aug 2025, 04:51 pm
Coromandel International to Acquire 26.00% Stake in NACL Industries for INR 76.70 per Share
AI Summary
Coromandel International Limited has announced a public offer to acquire 26.00% stake in NACL Industries Limited from public shareholders. The offer price is INR 76.70 per equity share. The offer is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer period is from August 22, 2025 to September 08, 2025.
Key Highlights
- Coromandel International to acquire 26.00% stake in NACL Industries
- Offer price set at INR 76.70 per equity share
- Compliance with Securities and Exchange Board of India regulations
- Offer period from August 22, 2025 to September 08, 2025