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An announcement from Sudarshan Chemical Industries Limited ( (IN:SUDARSCHEM) ) is now available.
Sudarshan Chemical Industries Limited has announced a significant move to acquire 26% of the equity share capital of Heubach Colorants India Limited through an open offer. This acquisition, conducted in collaboration with Sudarshan Europe B.V. and other associated entities, aims to strengthen Sudarshan’s market position in the colorants industry. The open offer is priced at INR 602.03 per equity share and is part of a strategic effort to expand the company’s influence and operational capacity in the sector.
More about Sudarshan Chemical Industries Limited
Sudarshan Chemical Industries Limited is a company involved in the chemical industry, focusing on the production and distribution of colorants and pigments. The company has a significant presence in the market for color solutions, serving various industries with its products.
Average Trading Volume: 20,507
Technical Sentiment Signal: Buy
Current Market Cap: 117.6B INR
For detailed information about SUDARSCHEM stock, go to TipRanks’ Stock Analysis page.