Acquisitions5 Sept 2025, 10:33 am
Southern Petrochemicals Industries Corporation Ltd Acquires 0.80% Additional Shares in Sicagen India Ltd
AI Summary
Southern Petrochemicals Industries Corporation Ltd (SPIC) has revised its disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sicagen India Ltd. SPIC has acquired 0.80% additional shares in Sicagen India Ltd, which increases its total holding to 3.15%. This acquisition was made through inter-se transfer amongst the Promoter Group through off-market trade on 26.08.2025. The total equity share capital of Sicagen India Ltd remains unchanged at 2,03,64,03,360/- (Comprising of 20,36,40,336 Equity Shares of = 10/- each) before and after the acquisition.
Key Highlights
- Southern Petrochemicals Industries Corporation Ltd has acquired 0.80% additional shares in Sicagen India Ltd.
- The total holding of SPIC in Sicagen India Ltd is now 3.15%.
- The acquisition was made through inter-se transfer amongst the Promoter Group through off-market trade on 26.08.2025.
- The total equity share capital of Sicagen India Ltd remains unchanged at 2,03,64,03,360/- (Comprising of 20,36,40,336 Equity Shares of = 10/- each) before and after the acquisition.
Price Impact
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