Sudarshan Chemical: Promoter Rajesh Rathi Ups Stake to 9.32%

Rajesh Rathi, Global Chairman and Managing Director of Sudarshan Chemical Industries Ltd, has converted 9,80,000 warrants into equity shares, increasing his stake to 9.32% from 8.19%. The conversion, completed on June 10, 2026, was at a premium of ₹1,019.75 per share, representing a capital commitment of nearly ₹100 crore. This move signals Rathi's strong confidence in the company's future growth prospects, bolstered by its global presence, 19 production sites, and recent expansion including the acquisition of the Heubach Group.