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Acquisitions7 Oct 2025, 04:51 pm

Sundaram Multi Pap Ltd. to Acquire 52.38% Stake in Sundaram Land and Assets Private Limited

AI Summary

Sundaram Multi Pap Ltd. has informed BSE that the Board of Directors will meet on October 16, 2025, to consider and approve the valuation reports for the proposed acquisition of a 52.38% equity stake in Sundaram Land and Assets Private Limited on a share swap basis. The acquisition is subject to regulatory and statutory approvals, and the approval of the company's shareholders. The trading window for dealing in securities of the company is closed for the purpose of declaration of Standalone Unaudited Financial Results for the quarter and half year ending on September 30, 2025.

Key Highlights

  • Sundaram Multi Pap Ltd. to acquire 52.38% equity stake in Sundaram Land and Assets Private Limited
  • Acquisition to be made on a share swap basis
  • Subject to regulatory and statutory approvals
  • Shareholders' approval also required
  • Trading window for dealing in securities of the company is closed
SUNDARAM
Stationary
SUNDARAM MULTI PAP LTD.

Price Impact