Tata Chemicals has informed that the Company has acquired 97,00,000 equity shares having face value of ? 1 each of Rallis India (‘Rallis’), a listed subsidiary of the Company, at ? 215.05 per equity share representing 4.99% of the paid-up share capital of Rallis by way of a block deal today Tuesday, July 18, 2023 at 8.45 am. The aforesaid acquisition has resulted in increase in shareholding of the Company in Rallis to 55.04%. The details as required under SEBI Listing Regulations read with the relevant Circulars is enclosed in the Annexure to this letter. A copy of this intimation is also being made available on the website at www.tatachemicals.com
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| BASF India | 3711.60 |
| Tata Chemicals | 714.00 |
| SRF | 2515.20 |
| Pidilite Inds. | 1340.80 |
| Deepak Nitrite | 1556.05 |
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