Scrip Symbol
SUDARSCHEM (NSE)
This is an intimation to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosing a press release.
The press release announces that Sudarshan Chemical Industries Limited inaugurated its second global head office on 9th June 2026. The office is located at the Hillsite Office Building in Schwalbach am Taunus, near Frankfurt, Germany.
The new office spans nearly 21,000 sq ft and serves as a second global head office alongside the company's existing head office in Pune, India. It is situated approximately 11 km from the company's production site at the Industriepark Höchst. The office is described as an open-plan space designed to foster collaboration and integration.
The office space is leased under the company's German operating entity, Sudarshan Germany Horizons GmbH.
The inauguration is presented as a significant milestone following the company's acquisition of the Heubach Group in March 2025.
Management Commentary
- Rajesh Rathi, Global Chairman and Managing Director, stated: "The Frankfurt Hillsite Office is more than a new workspace — it is a clear signal of how important Germany and Europe are to our global ambitions. This office reflects the scale and direction of where we are headed."
- Dr. Klaus-Dieter Baumgart, Chief Technology Officer and Managing Director of Sudarshan Germany Horizons GmbH, stated: "Frankfurt has always been central to our global operations, and this office is a testament to that. I am proud to lead our German operations from this new home — a strong foundation for everything we are building together."
Company Background
Sudarshan is described as a leading global pigment and color solutions provider with a combined heritage of over 270 years. It operates in 120+ countries, has 19 manufacturing sites, and serves 4,000+ global customers.
Filing Details
The letter was digitally signed by Mandar Meenanath Velankar, General Counsel and Company Secretary, on 15th June 2026 at 15:47:20 IST.