20 hrs ago
Sudarshan Chemical Completes ₹150.75 Crore Colorants Stake Acquisition
Sudarshan Chemical Industries bought part of another company called Sudarshan Colorants India.
The stake it bought equals 15.89% of that company.
It paid ₹150.75 crore for the shares.
The purchase involved 36,68,036 shares.
Each share has a face value of ₹10.
The shares came from Sudarshan Europe B.V., which is fully owned by Sudarshan Chemical Industries.
This purchase is part of a larger plan to acquire 70.26% of Sudarshan Colorants India.
The company said it will provide more updates under SEBI listing rules.
Sudarshan Chemical Industries completed the acquisition of a 15.89% stake in Sudarshan Colorants India.
The company paid ₹150.75 crore for 36,68,036 equity shares.
Each acquired share has a face value of ₹10.
The shares were purchased from Sudarshan Europe B.V., a wholly owned subsidiary of Sudarshan Chemical Industries.
The transaction is part of a proposed acquisition of 70.26% of Sudarshan Colorants India.
- Who
- Sudarshan Chemical Industries Limited acquired shares in Sudarshan Colorants India Limited from Sudarshan Europe B.V.
- What
- The company completed the purchase of a 15.89% stake for ₹150.75 crore.
- Where
- The announcement was made from Mumbai.
- When
- The completion was announced on 1 October 2026.
- Why
- The purchase is part of a proposed transaction to acquire 70.26% of Sudarshan Colorants India.
Key facts
- Acquirer
- Sudarshan Chemical Industries Limited
- Target
- Sudarshan Colorants India Limited, formerly Heubach Colorants India Limited
- Stake acquired
- 15.89%
- Consideration
- ₹150.75 crore
- Shares acquired
- 36,68,036 equity shares
- Seller
- Sudarshan Europe B.V., a wholly owned subsidiary of Sudarshan Chemical Industries Limited
- Proposed total acquisition
- 70.26% of Sudarshan Colorants India
Sources
Related news
Indo Borax Completes Acquisition of Majority Stake in Kronox Lab
Patel Chem Promoter Group Acquires 1,200 Shares Off-Market
Zuari Industries Raises Texmaco Infrastructure Stake to 30.83%
Sudarshan Pharma Targets US Market With MedTherapy Stake Deal
Indo Borax Secures ₹225 Crore Funding for Kronox Acquisition
Aurobindo Pharma’s A1 Labs Dilutes Stake After Gadikota Subscription
Godfrey Phillips, Gland Pharma, Castrol Among Stocks Turning Ex-Dividend Today
Sudarshan Chemical Reports Massive Revenue Growth in Q1
Sudarshan Chemical to Trade Ex-Dividend on September 22
