The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sudarshan Europe B.V. & PACs
SUDARCOLOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sudarshan Europe B.V. along with promoter group entities (Sudarshan Chemical Industries and two Swiss holding companies) has acquired 36,68,036 equity shares (15.89% stake) of Heubach Colorants India Limited through an Open Offer at Rs. 602.03 per share on 3 October 2025. Following this acquisition, the promoter and promoter group's total holding (direct plus indirect) in Heubach Colorants has risen from 54.37% to 70.26% of the company's share capital. The total transaction represents the Sudarshan group taking effective control of the target company under SEBI Takeover Regulations.
The Sudarshan promoter group has crossed into majority control with over 70% stake, which means very limited free-float is available for public trading — this could impact share liquidity and pricing for minority shareholders.