Acquisitions1 Oct 2026, 07:30 pm
Polyplex Corp Finalizes PDPL Acquisition Consideration at ₹7,348.83 Lakh
AI Summary
Polyplex Corporation Ltd announced the final sale consideration for its acquisition of 51% of PDPL. Following post-closing adjustments as per the Share Purchase Agreement, the final consideration is ₹7,348.83 Lakh. The company will pay the balance sum of INR 1139.08 Lakh to the continuing sellers. This update follows an earlier intimation on April 30, 2026, regarding the completion of the acquisition for an initial investment of approximately INR 6,209.75 Lakh.
Key Highlights
- Final sale consideration for PDPL acquisition set at ₹7,348.83 Lakh.
- Balance payment of INR 1139.08 Lakh approved for sellers.
- Acquisition of 51% share capital in PDPL is now finalized.
- Board meeting approved the final transaction terms.
Price Impact
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