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Anupam Rasayan gets nod to acquire 100% stake in ARIL Fluorospeciality

01 Aug 2023 Evaluate

Anupam Rasayan India (ARIL) has received approval for the purchase of 10,000 equity shares of face value of Rs 10 each, of a company named ARIL Fluorospeciality (AFPL), on book value of Rs 1,00,000, aggregating to 100% shareholding of AFPL on the terms and conditions as set out in the Share Purchase Agreement to be entered between the Company, existing shareholders and AFPL (SPA), with no economic benefit to the sellers. Pursuant to the consummation of the acquisition of shares as per the SPA, AFPL shall become a wholly owned subsidiary of the Company.

Objects of acquisition is to carry on the business of manufacturing, processing, developing, converting, trading, storing, packing, transporting, distributing, importing, exporting and disposing of and acting as distributors and agents of all types and kinds of organic and inorganic chemicals, including but not limited to fluorides, specialty fluorine chemicals and their underlying derivatives. The business of AFPL will be similar to the main line of business of the company. The Board of Directors of the company in their meeting held on August 01, 2023 has approved the same. 

Anupam Rasayan India (ARIL) is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India.


Anupam Rasayan India Share Price

1318.35 9.30 (0.71%)
21-Apr-2026 16:59 View Price Chart
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