Sudarshan Chemical Industries Ltd News
This Vijay Kedia portfolio stock rose 7% in trade; zoomed 118% in a year
According to the bulk deal data on the BSE, Pradeep Ramwilas Rathi sold 7.6 lakh shares of Sudarshan Chemical Industries, while Subhadra Pradeep Rathi sold 20.75 lakh shares
 "This Vijay Kedia portfolio stock rose 7% in trade; zoomed 118% in a year")
Sudarshan Chemical Industries promoters sell 3% stake for Rs 197 crore
Pradeep Ramwilas Rathi and Subhadra Pradeep Rathi, the two promoters of Sudarshan Chemical Industries, on Wednesday sold a 3 per cent stake in the company for Rs 197 crore through open market transactions. According to the bulk deal data on the BSE, Pradeep Ramwilas Rathi offloaded 7.6 lakh shares of Sudarshan Chemical Industries, while Subhadra Pradeep Rathi sold 20.75 lakh shares. The shares were sold in the price range of Rs 950.04-950 apiece, taking the combined deal value to Rs 197.15 crore. Pursuant to the latest transaction, Subhadra Pradeep Rathi exited the firm by selling entire 1.9 per cent stake in Sudarshan Chemical Industries, while the holding of Pradeep Ramwilas Rathi has declined to 4.95 per cent from 6.05 per cent in the firm. Meanwhile, Boon Investment and Trading Co, Jovial Investment and Trading Co and Blue Daimond Properties picked up 20.22 lakh shares or 2.92 per cent stake in the company. The shares were acquired at an average price of Rs 950 per piece, taki
 "Sudarshan Chemical Industries promoters sell 3% stake for Rs 197 crore")
Sudarshan Chemical to buy global pigment biz of Heubach for Rs 1,180 cr
Sudarshan Chemical Industries Ltd on Friday said it will acquire global pigment business operations of the Heubach Group of Germany for a total consideration of Euro 127.5 million (about Rs 1,180 crore). The company has entered into definitive agreement on October 11, 2024, whereby Sudarshan Europe BV, a wholly-owned subsidiary in the Netherlands, will acquire the global pigment business operations of the Heubach Group of Germany, Sudarshan Chemical Industries Ltd (SCIL) said in a regulatory filing. The acquisition is for a cash consideration of Euro 127.5 million (about Rs 1,180 crore), it added. The proposed transaction includes the acquisition of assets and business operations of Heubach Colorants Germany GmbH, Heubach GmbH (c) Dr Hans Heubach GmbH, and Heubach Group GmbH and participations held by Heubach Holding Switzerland AG, in downstream Group Companies in various countries from insolvency administrator in the aforesaid countries, the filing said. It also includes the ...
 "Sudarshan Chemical to buy global pigment biz of Heubach for Rs 1,180 cr")
Mid, SmallCap indices dip 4% each; LIC Housing, IRFC, CG Power tank over 5%
Tata Tech from the midcap index and Equitas SFB, Kolte Patil Developers, Landmark Cars, Nilkmal, Spandana Sphoorty and Tasty Bite from the smallcap index hit their respective 52-week lows
 "Mid, SmallCap indices dip 4% each; LIC Housing, IRFC, CG Power tank over 5%")
