01-Oct-2026 18:29:37
SUDARSHAN CHEMICAL INDUSTRIES: STEP-DOWN SUBSIDIARY ACQUIRES 15.89% EQUITY SHARES OF SUDARSHAN COLORANTS INDIA
• Sudarshan Chemical Industries Limited, a promoter, acquired 36,68,036 equity shares (15.89% of equity share capital) of Sudarshan Colorants India Limited from Sudarshan Europe B.V., a promoter and wholly owned subsidiary of the Acquirer. • The acquisition is a measure towards internal restructuring of shareholding within Sudarshan Chemical Group. • There is no change in the consolidated total shareholding of the Promoter and Promoter Group in the Target Company. • The aggregate consideration for the acquisition is INR 150,75,62,796/-, amounting to INR 411/- per equity share. • Pre-transaction, the Acquirer held 0% shareholding; post-transaction, it holds 15.89%. • Sudarshan Europe B.V. previously held 15.89% and now holds 0% post-transaction. Impact: Neutral (Internal restructuring, no change in consolidated promoter shareholding.)
Sudarshan Colorants India Limited
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