Announced Wed, 26 Aug · 09:35 IST
SEPC to acquire UAE petroleum trader via share swap, no cash outflow
SEPC · price
▲ 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
-1.2%1-day move
₹5.79
prior close
₹5.84
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+2.9+2.4+2.4-1.2-4.3-6.2-7.6-6.0-6.7-10.0———
Up moveDown movePending
AI summary
SEPC Limited's board approved acquiring Wintality Petroleum FZE, a UAE refined petroleum trading firm, through its wholly owned UAE subsidiary SEPC FZE, Sharjah. Deal is a 100 percent share swap with no cash outflow. SEPC keeps 95.75 percent stake in SEPC FZE after restructuring equity. Wintality becomes a step-down subsidiary. Former Madras HC judge Ms. K B K Vasuki appointed as Additional Independent Director. AGM on Sept 28, 2026.
Likely market impact
Capital-efficient UAE petroleum entry with no cash outflow; broadens international footprint beyond EPC execution.