StockWatch
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Fertilizers
Acquisitions1 Sept 2025, 06:22 pm

Southern Petrochemicals Industries Corporation Ltd Acquires Shares from Subsidiary South India House Estates And Properties Ltd

AI Summary

Southern Petrochemicals Industries Corporation Ltd has acquired 16,36,900 equity shares of Southern Petrochemical Industries Corporation Limited from its wholly owned subsidiary, South India House Estates And Properties Ltd. The acquisition took place on 26.08.2025 through an off-market trade under the Promoter’s Group category. The total share/voting capital of Southern Petrochemical Industries Corporation Limited stands at 2,03,64,03,360/- before and after the acquisition.

Key Highlights

  • Southern Petrochemicals Industries Corporation Ltd acquires shares from its subsidiary
  • Acquisition of 16,36,900 equity shares of Southern Petrochemical Industries Corporation Limited
  • Transaction took place on 26.08.2025 through off-market trade
  • Acquisition under Promoter’s Group category
  • Total share/voting capital of Southern Petrochemical Industries Corporation Limited remains the same before and after the acquisition