Target Entity: Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited)
Type of Deal: Acquisition of minority stake from wholly-owned subsidiary entities
Stake/Capacity: 15.89% of total share capital (36,68,036 equity shares of face value ₹10.00 each)
Deal Value: ₹150,75,62,796 (Indian Rupees One Hundred and Fifty Crore Seventy-Five Lakh Sixty Two Thousand Seven Hundred and Ninety Six only)
Funding Source: Not disclosed in the document
Financial Impact: Not disclosed in the document
Timeline: Expected to be consummated on or after 29th September 2026
Strategic Rationale: This acquisition is part of a larger proposed transaction to acquire 70.26% of total shareholding in the step-down subsidiary, as previously disclosed on 12th August 2026.
Approval Status: Agreement executed, completion pending as per applicable law
Reference Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations, 2015"), Regulation 30
