StockWatch
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Commodity Chemicals
Acquisitions6 Apr 2026, 03:16 pm

Shubhalakshmi Polyesters Acquires 12.28% Stake in Shree Hari Chemicals Export Ltd

AI Summary

Shubhalakshmi Polyesters Ltd has acquired 12.28% stake in Shree Hari Chemicals Export Ltd through Equity shares allotted pursuant to Conversion of Compulsorily Convertible Debentures (‘CCDs’). The total diluted share/voting capital of Shree Hari Chemicals Export Ltd after the acquisition stands at Rs. 6,31,28,800 divided into 63,12,880 equity shares of Rs. 10 each.

Key Highlights

  • Shubhalakshmi Polyesters Ltd acquires 12.28% stake in Shree Hari Chemicals Export Ltd
  • Acquisition made through Equity shares allotted pursuant to Conversion of Compulsorily Convertible Debentures (‘CCDs’)
  • Total diluted share/voting capital of Shree Hari Chemicals Export Ltd after the acquisition is Rs. 6,31,28,800 divided into 63,12,880 equity shares of Rs. 10 each