Announced Tue, 18 Aug · 11:22 IST
Sudarshan Chemical to acquire 15.89 percent stake from group subsidiary
SUDARCOLOR · 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
-0.7%1-day move
₹409.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Sudarshan Chemical Industries (promoter) proposes to acquire 36,68,036 shares (15.89 percent) of Sudarshan Colorants India from Sudarshan Europe B.V. (its wholly owned subsidiary). This is an internal group restructuring, so there is no change in consolidated promoter holding, which stays at 70.26 percent. Exempted from making an open offer under Regulation 10(1)(a)(ii). Acquisition price will not exceed 25 percent above the Rs 391.62 VWAP. Proposed date on or after 24 August 2026.
Likely market impact
Internal promoter group restructuring, no change in total promoter stake. Neutral for minority shareholders and stock price.