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NACL Industries Ltd ( (IN:NACLIND) ) has provided an update.
NACL Industries Ltd has announced that it received a Detailed Public Statement regarding an open offer made by Coromandel International Ltd to acquire up to 26% of its equity shares. This development could significantly impact NACL’s market positioning and shareholder structure, as it involves a substantial acquisition of shares under SEBI regulations.
More about NACL Industries Ltd
NACL Industries Ltd operates in the chemical industry, focusing on the production and manufacturing of agrochemicals, including pesticides, herbicides, fungicides, and other plant growth chemicals. The company primarily serves the Indian market and exports technical and formulation products to international markets.
YTD Price Performance: 55.55%
Average Trading Volume: 80,804
Current Market Cap: 20B INR
Learn more about NACLIND stock on TipRanks’ Stock Analysis page.