Sudarshan Chemical buys 15.89% in Sudarshan Colorants via internal restructuring
SUDARCOLOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.5 pts more 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 Industries (promoter of Sudarshan Colorants India) acquired 36.68 lakh equity shares (15.89% stake) from Sudarshan Europe B.V., its wholly owned subsidiary, at INR 411 per share, totalling INR 150.76 crore. The deal is internal restructuring within the Sudarshan Chemical Group, with no change in consolidated promoter group holding of about 70.26%.
Internal restructuring within promoter group, consolidated holding unchanged. Neutral for stock, no open offer triggered.