Transchem acquires 100% of Greshma Shares and Stocks for about INR 25.91 crore
Price
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Transchem Limited has acquired 100 percent equity (1.55 crore shares) of Greshma Shares and Stocks Limited (GSSL) at INR 16.70 per share, total cash consideration of about INR 25.91 crore. GSSL is a stock broker and CDSL depository participant, with FY26 turnover of INR 5.98 crore and net worth of INR 21.32 crore. It is now a wholly-owned subsidiary, giving Transchem entry into broking and financial services. All regulatory approvals from NSE, BSE, CDSL and SEBI were obtained.
Strategic entry into financial services via wholly-owned broking arm. Target revenue is small versus deal value, so limited immediate earnings impact but long-term growth optionality.