Announced Mon, 17 Aug · 17:33 IST

Postal ballot for RPT to buy Mandideep manufacturing unit from related party KLPL

Listed Co AcquisitionStrategic Transactions View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹173.50
prior close
₹174.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.6+2.6-1.4-4.9
Up moveDown movePending
AI summary

Resonance Specialties seeks shareholder approval via postal ballot to buy a manufacturing facility at Mandideep, Madhya Pradesh from related party Kaygee Laboratories (KLPL) for Rs. 29.98 crores on a slump sale basis. The deal covers leasehold land, buildings, plant and machinery, licenses, permits and employees, making the company vertically integrated in Pyridine, collidines and derivatives. The deal equals 33.22 percent of annual turnover. Funding from internal accruals and borrowings. E-voting runs Aug 20 to Sep 18, 2026.

Likely market impact

Backward integration move to secure supply chain and cut future related party deals. Final outcome depends on shareholder approval by Sep 18, 2026.