Sudarshan Chemical Completes Acquisition Of 15.89% Stake In Sudarshan Colorants For ₹150.75 Crore
Mumbai: Sudarshan Chemical Industries Limited announced on 1 October 2026, the completion of its acquisition of a 15.89% stake in Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) for a total consideration of ₹150.75 crore. Acquisition Details The company acquired 36,68,036 equity shares of Sudarshan Colorants India, each with a face value of ₹10.00. The shares were…
Mumbai: Sudarshan Chemical Industries Limited finalized its purchase of a 15.89% share in Sudarshan Colorants India Limited on October 1, 2026, for a total of ₹150.75 crore. Details The acquisition encompassed 36,68,036 shares, each with a face value of ₹10.00, purchased from Sudarshan Europe B.V., a wholly owned subsidiary of Sudarshan Chemical Industries Limited.
Impact Sudarshan Chemical's shares climbed more than 5% on the NSE following the promoter's sale of a stake valued at ₹197 crore. Background This acquisition is part of a broader plan to take over 70.26% of Sudarshan Colorants India Limited, disclosed on August 12, 2026. A share purchase agreement was signed with Sudarshan Europe B.V. on September 28, 2026.
Disclosure Sudarshan Chemical Industries will provide further updates on the proposed transactions in compliance with SEBI Listing Regulations, 2015.
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