Sudarshan Chemical Industries (NSE:SUDARSCHEM, BOM:506655), through its wholly-owned subsidiary Sudarshan Europe, has agreed to acquire a 26% stake in Heubach Colorants India for up to 3.47 billion Indian rupees, according to a Thursday filing with the stock exchanges.
The company has made an open offer to acquire up to 6,001,268 equity shares, constituting 26% of the voting share capital, at an offer price of 578.11 rupees per offer share.
Price (INR): ₹1100.00, Change: ₹-3.8, Percent Change: -0.35%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments