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Heubach Colorants India Faces Open Offer for 26% Equity Acquisition

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Heubach Colorants India Faces Open Offer for 26% Equity Acquisition

Heubach Colorants India Limited ( (IN:HEUBACHIND) ) just unveiled an update.

Heubach Colorants India Limited has announced the receipt of a detailed public statement (DPS) regarding an open offer made by Sudarshan Europe B.V. and its partners to acquire 26% of the company’s equity shares from public shareholders. This move is part of a strategic acquisition under the SEBI regulations, potentially impacting the company’s shareholder structure and market positioning.

More about Heubach Colorants India Limited

Heubach Colorants India Limited, formerly known as Clariant Chemicals (India) Limited, operates in the chemical industry, focusing on the production and distribution of colorants. The company is headquartered in Navi Mumbai, India, and is involved in the manufacturing of various chemical products.

YTD Price Performance: 5.43%

Average Trading Volume: 1,597

Current Market Cap: 13.29B INR

See more data about HEUBACHIND stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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