SUDARSHAN CHEMICAL INDUSTRIES LTD.

Sudarshan Chemical Industries Limited announced the completion of the sale of its 100% stake in VP4 Frankfurt GmbH, a step-down wholly-owned subsidiary, to Celanese US Holdings LLC. The transaction, valued at EUR 75,800,000, was finalized on November 2, 2026, following the fulfillment of closing conditions. This sale, initially agreed upon on September 1, 2026, means VP4 Frankfurt is no longer a subsidiary of Sudarshan Chemical Industries.

Sudarshan Chemical Industries Ltd announced the conclusion of an inspection/search proceeding initiated by the Deputy Commissioner of State Tax, Maharashtra, under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The inspection, which began on October 1, 2026, at some of the company's offices and manufacturing units in Maharashtra, concluded on October 6, 2026. The company stated it extended full cooperation, and the process was peaceful. Sudarshan Chemical is now submitting required information and documents to the GST authorities. Importantly, the company confirmed that, at present, there is no material impact on its financials, business operations, or other activities due to these proceedings. Further disclosures will be made if any material updates arise.

Sudarshan Chemical Industries Ltd announced that an inspection/search proceeding was initiated at some of its office(s) and manufacturing unit(s) in Maharashtra on October 1, 2026. The action is being conducted by Maharashtra State GST officials under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The company is cooperating fully with the authorities. Currently, there is no material impact on the company's financials, business operations, or other activities. Further disclosures will be made if any material update arises.

Sudarshan Chemical Industries Ltd has completed the acquisition of 36,68,036 equity shares, constituting 15.89% of the total share capital, in Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited). The shares were acquired from Sudarshan Europe B.V., a wholly-owned subsidiary, for an aggregate consideration of INR 150,75,62,796 (₹150.76 Crore). This transaction is a partial completion of a previously disclosed proposed acquisition of 70.26% of Sudarshan Colorants India Limited, which is a step-down subsidiary. Further updates on the remaining proposed transactions will be reported as per SEBI Listing Regulations.

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.

Sudarshan Chemical Industries Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from Thursday, October 1, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter and half-year ending September 30, 2026. This measure is to prevent insider trading during the period leading up to and immediately following the financial results disclosure. The date of the board meeting to approve these results will be communicated separately.

Sudarshan Chemical Industries Ltd announced the appointment of Mr. Amit Deshpande as the General Counsel, effective September 21, 2026. He will be part of the Senior Management Personnel and report to the Chairman and Managing Director. Mr. Deshpande brings over 24 years of experience in corporate law, SEBI regulations, M&A, and legal due diligence, having previously held senior legal roles at LegaLogic Consulting and Sterlite Technologies Limited (STL). His expertise is expected to strengthen the company's legal and governance framework.

Sudarshan Chemical Industries Ltd has announced its ESG ratings assigned by Crisil ESG Ratings & Analytics Limited. The company received a 'Crisil ESG 53' rating and a 'Crisil Core ESG 55' rating, based on data from the Financial Year 2025-26. Notably, Crisil assigned these ratings independently, without any engagement from Sudarshan Chemical, based on publicly available disclosures and information. The company has uploaded this intimation on its website.

Sudarshan Chemical Industries Limited has announced the sale of its step-down subsidiary, VP4 Frankfurt GmbH, to Celanese Corporation, USA. VP4 Frankfurt is primarily engaged in the manufacture of Diketene as a tolling operator for Nutrinova, an affiliate of Celanese. This divestment is part of Sudarshan's strategy to sharpen its focus on its core pigments business. The transaction is expected to strengthen Sudarshan's strategic focus and operational position. Nutrinova will continue to supply Sudarshan with necessary materials post-transaction. Rajesh Rathi, Chairman & Managing Director, stated the sale aligns with the company's value creation in pigments and colorants.

Sudarshan Chemical Industries Ltd. announced the execution of a Share Purchase and Transfer Agreement for the sale of its 100% stake in VP4 Frankfurt GmbH, a step-down wholly-owned subsidiary, to Celanese US Holdings LLC. The transaction, valued at EUR 76,500,000, is expected to sharpen the company's focus on its core pigment business. VP4 Frankfurt, primarily a tolling operator for intermediates, contributed EUR 15,722,521 (6.71% standalone, 1.64% consolidated revenue) and had a net worth of EUR 5,670,674 as of March 31, 2026. The sale is subject to customary closing conditions and is not considered a related party transaction or part of a scheme of arrangement. The completion date is pending fulfillment of conditions precedent.