FilingReader Intelligence
Coromandel acquires 53% stake in NACL Industries
August 8, 2025 at 04:29 PM UTC•By FilingReader AI
Coromandel International Limited acquired 10.69 crore equity shares representing 53.13% of NACL Industries' share capital from promoters, effective August 8, 2025.
The transaction reclassified former promoters including KLR Products Limited, Mrs. Kanumuru Lakshmi Raju, and Bright Town Investment Advisor Private Limited as public shareholders. An open offer for an additional 26% stake is underway.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:NACLIND•Bombay Stock Exchange
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