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Ion Exchange (India) informs about update on acquisition

23 Jun 2023 Evaluate
Further to its letter dated April 20, 2023 regarding proposal to invest and takeover a Target company namely - MAPRIL - Produtos Químicos e Maquinas Para a Industria, Lda and to acquire 11,11,500 equity shares equivalent to 100% of the issued and paid-up equity capital of MAPRIL - Produtos Químicos e Maquinas Para a Industria, Lda, Ion Exchange (India) has informed that  the Share Sale and Purchase Agreement is executed and the share transfer process has been completed on June 22, 2023.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
VA Tech Wabag 1826.80
ION Exchage 344.45
Refex Industries 218.10
Antony WasteHandling 292.85
Race Eco Chain 100.80
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