Acquisitions28 Sept 2026, 05:20 pm
Sudarshan Chemical Acquires 15.89% Stake in Sudarshan Colorants India for ₹150.76 Cr
AI Summary
Sudarshan Chemical Industries Ltd has executed a share purchase agreement to acquire 36,68,036 equity shares, representing 15.89% of the total share capital, in Sudarshan Colorants India Limited from Sudarshan Europe B.V. The aggregate consideration for this acquisition is ₹150,75,62,796. This transaction is a continuation of the company's earlier disclosure regarding its proposal to acquire a 70.26% stake in Sudarshan Colorants India Limited. The acquisition is expected to be consummated on or after September 29, 2026, in compliance with applicable laws. Further updates will be provided as required by SEBI Listing Regulations.
Key Highlights
- Acquisition of 15.89% stake in Sudarshan Colorants India Limited.
- Total consideration for the stake is ₹150.76 Crores.
- Transaction is part of a larger proposed acquisition of 70.26% stake.
- Acquisition to be completed on or after September 29, 2026.
Price Impact
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