Sudarshan Chemical Industries Limited has informed the Exchange about Other Restructuring
SUDARSCHEM · price
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Awaiting price reaction for this filing.
Sudarshan Chemical Industries has informed the exchanges that its step-down wholly owned subsidiary in Sweden, Heubach Colorants Scandinavia AB, has been liquidated effective 29th December 2025. The entity was already under voluntary liquidation when Sudarshan Europe B.V. (a wholly owned subsidiary) along with PACs completed the acquisition of the Global Pigment Business of Heubach Group on 3rd March 2025. The liquidated entity had nil revenue (0% of turnover) and a net worth of ₹1,309.7 Lakhs (roughly 0.3% of consolidated net worth) in FY25. No consideration was received by the parent company since it was a wholly owned subsidiary, and no related party or promoter involvement was involved in the liquidation.
This is a routine post-acquisition housekeeping step with negligible financial impact, as the liquidated entity contributed zero revenue and only ~0.3% to net worth. Shareholders are unlikely to see any meaningful effect on the stock from this disclosure — it simply winds up a dormant Swedish entity left over from the larger Heubach pigment business acquisition.