Sudarshan Chemical’s German unit sells VP4 Frankfurt GmbH to Celanese for EUR 76.5 million,
Sudarshan Chemical Industries Limited announced that its Step-Down Wholly-Owned Subsidiary, Sudarshan Germany Horizons GmbH, signed a definitive agreement on August 31, 2026, to sell 100% of VP4 Frankfurt GmbH to Celanese US Holdings LLC for EUR 76,500,000. VP4 Frankfurt, another Wholly-Owned Subsidiary of Sudarshan Germany Horizons, primarily manufactures intermediates and the sale is intended to sharpen the company’s focus on its core pigment business; VP4 Frankfurt contributed revenue of EUR 15,722,521, representing 6.71% of Sudarshan’s standalone revenue and 1.64% of its consolidated revenue in the last financial year.
Sudarshan Chemical Industries allotted shares under its 2018 Employee Stock Option Plan,
Sudarshan Chemical Industries Limited announced the allotment of 8,781 equity shares with a face value of Rs 2 each to grantees who exercised options under the Sudarshan Employee Stock Option Plan 2018, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 28, 2026. The exercise price per share was Rs 349.35, with a premium of Rs 347.35, increasing the total issued shares to 7,96,16,857 and total issued share capital to Rs 15,92,33,714.
Sudarshan Chemical’s subsidiary acquires Clariant’s Swiss plant for CHF 7 million,
Sudarshan Chemical Industries Limited announced that its step-down wholly-owned subsidiary, Sudarshan Switzerland SLO AG, signed an asset sale and transfer agreement with Clariant Additives (Switzerland) AG on August 24, 2026, to acquire its aluminium dyes and chemicals manufacturing plant in Muttenz, Switzerland, for a base price of seven million Swiss Francs (CHF 7,000,000) plus inventory value. The acquisition, which converts a supply relationship into direct ownership of the plant that manufactures Sudarshan Chemical Group`s Aluminium Dyes portfolio, is subject to conditions precedent and includes the transfer of possession of identified assets and related records.
Sudarshan Chemical Industries announces board meeting date,
Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 12 August 2026.
Sudarshan Chemical Industries to conduct AGM,
Sudarshan Chemical Industries announced that the 75th Annual General Meeting(AGM) of the company will be held on 18 August 2026.
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