PCBL has received in-principle approval from board of directors for acquisition, directly or through one of its affiliates, of 212,172 shares of Aquapharm Chemicals (ACPL), for an aggregate consideration of Rs 3,800 crore (subject to agreed adjustments) representing 100% of the issued and paid-up share capital (on a fully diluted basis) of ACPL. In furtherance of such approval, the Company has executed a share purchase agreement on November 28, 2023.
The Proposed Transaction shall be financed through a mix of internal accruals and external fund raise by the Company and/or its affiliates/associates. This acquisition of ACPL marks Company’s foray into global specialty segments of Water treatment Chemicals and Oil & Gas Chemicals and it is the first milestone in achieving the vision of creating a multi-platform global specialty chemical business portfolio.
PCBL is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.
| Company Name | CMP |
|---|---|
| PCBL Chemical | 284.35 |
| Himadri Speciality | 489.15 |
| Goa Carbon | 363.45 |
| Hi-Green Carbon | |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: