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Chembond Chemicals acquires entire stake in PSPL

18 Nov 2017 Evaluate

Chembond Chemicals entered into a Share Purchase Agreement (SPA) to acquire the entire equity shares of Phiroze Sethna. Consequently, the company has acquired Phiroze Sethna (PSPL) and its wholly owned subsidiary - Gramos Chemicals India (GCIPL). Post acquisition of above mentioned equity shares, PSPL becomes the wholly owned subsidiary of the company.

Law Charter was the legal advisors to Chembond and YMS Partner LLP, the M&A advisors to Chembond for the transaction.

Chembond Chemicals is engaged in specialty chemicals business and offers a range of products for industrial applications. The company offers products for applications in the areas of construction chemicals, industrial coatings and chemical trading.


Chembond Mat.Techno Share Price

148.10 0.65 (0.44%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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SRF 2493.65
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