Archive · 13 Sep 2025
Coromandel Increases Stake in NACL Industries
Coromandel International bought more shares of NACL Industries.
They purchased over five thousand shares at a set price.
After this purchase, Coromandel now owns a majority stake in NACL Industries, holding over 106 million shares.
This means Coromandel now controls over half of the voting power in NACL.
The information was reported on September 13, 2025.
Coromandel International acquired 5,435 equity shares of NACL Industries.
The shares were purchased at ₹76.70 each.
The acquisition was part of an open offer.
Coromandel International now owns 10,69,12,581 shares of NACL Industries.
Coromandel International holds 53.08% of the voting share capital.
- Who
- Coromandel International
- What
- Acquired 5,435 equity shares of NACL Industries Ltd
- When
- September 13, 2025 (reporting date)
- Where
- Not explicitly mentioned in the text.
- Why
- To increase its stake in NACL Industries
- Company
- Coromandel International
- Target
- NACL Industries Ltd
- Shares Acquired
- 5,435 equity shares
- Offer Price
- ₹76.70 per equity share
- Total Shares Owned
- 10,69,12,581
- Ownership Percentage
- 53.08%
- Reporting Date
- September 13, 2025