Announced Tue, 11 Aug · 19:20 IST
Termination of Share Purchase Agreement with Roopaya General Trading
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
-6.1%1-day move
₹4.91
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-6.1-4.5-11.2-13.8-13.6-11.6————
Up moveDown movePending
AI summary
Shrydus Industries had signed an SPA on October 9, 2024 to acquire 100 percent stake in Roopaya General Trading Company L.L.C. The company failed to pay the agreed purchase consideration and complete required obligations within the stipulated timelines. Consequently, the SPA has been terminated, no shares will be transferred, and the company will continue evaluating its business plans in the ordinary course.
Likely market impact
Acquisition deal called off due to non-payment. No impact on shareholding; business continues as usual.