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Vishnu Chemicals informs about acquisition

19 Aug 2024 Evaluate

In terms of Regulation 30 of SEBI (LODR) Regulations, 2015 (‘Listing Regulations’) read with Part A of Schedule Ill of Listing Regulations, Vishnu Chemicals has informed that the Board of Directors of the Company at their meeting held today 19th August, 2024, have approved acquisition of Jayansree Pharma (‘JPPL’). In furtherance of the same, the Company has entered into a Share Purchase Agreement with Jayansree Pharma and its shareholders on 19th August, 2024, to record the terms of the acquisition. The details as required under Regulation 30 of the Listing Regulations read with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July, 2023, are enclosed as ‘Annexure -A’. The aforesaid information is also being placed on the website of the Company at www.vishnuchemicals.com.

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

Peers
Company Name CMP
Godrej Industries 986.05
SRF 2513.60
BASF India 3345.60
Pidilite Inds. 1480.15
Tata Chemicals 589.80
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