SPA executed to acquire 15.89% stake in Sudarshan Colorants for Rs 150.76 Cr
SUDARSCHEM · price
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On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.1 pts less than its Dyes And Pigments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sudarshan Chemical has signed a Share Purchase Agreement to buy 36,68,036 equity shares (15.89%) of step-down subsidiary Sudarshan Colorants India Ltd from its wholly owned subsidiary Sudarshan Europe B.V. for Rs 150.76 crore. This follows the earlier disclosure of 12 Aug 2026 to consolidate 70.26% in the target company. Deal to close on or after 29 Sept 2026.
Internal restructuring to consolidate ownership of step-down subsidiary; no open offer triggered as target is already within the group.