FilingReader Intelligence
Chemcon acquires related party Shivam Petrochem for INR100cr
August 5, 2025 at 03:20 PM UTC•By FilingReader AI
Chemcon Speciality Chemicals' board approved acquiring Shivam Petrochem Industries, a related party from the promoter group, through a slump sale for up to INR100 crore cash.
The transaction will conclude by December 31, 2025. Shivam Petrochem reported provisional turnover of INR26.46 crore for FY2024-25.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:CHEMCON•Bombay Stock Exchange
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