NSEAcquisition12 Aug 2026 · 12 Aug 2026, 08:39 pm
Acquisition
Sudarshan Chemical Industries Limited · SUDARSCHEM
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Sudarshan Chemical Industries Limited has informed the Exchange about the acquisition of 70.26% stake in Sudarshan Colorants India Limited, a step-down subsidiary, as a measure towards internal restructuring of shareholding within the group.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Sudarshan Chemical Industries Limited has informed the Exchange about Acquisition
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SUDARSCHEM_12082026203903_BMOutcome12082026.pdf
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12th August, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C - 1, Block - G,
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex,
Scrip Code – 506655 Bandra (East), Mumbai – 400 051
Scrip Symbol - SUDARSCHEM
Dear Sir / Madam,
Subject: Outcome of Board Meeting held on 12th August, 2026
Ref: Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”)
In continuation to our earlier communication dated 5th August, 2026 and pursuant to
Regulation 30 and Regulation 33 and other applicable provisions read with Schedule III of
SEBI Listing Regulations, 2015, as amended from time to time, this is to inform you that the
Board of Directors of the Company, at its meeting held today, i.e. on Wednesday, 12th August,
2026, transacted, inter alia, the following businesses:
1. Approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter
ended 30th June, 2026, as per the provisions of Regulation 33 of SEBI Listing Regulations,
2015, together with the Limited Review Report thereon issued by M/s. S R B C & CO LLP,
Chartered Accountants, Statutory Auditors.
The Unaudited Financial Results (Standalone and Consolidated) for the quarter ended
30th June, 2026, together with the Limited Review Report thereon are enclosed herewith as
Annexure A. The said Financial Results were reviewed and recommended by the
Audit Committee at its meeting held today i.e. Wednesday, 12th August, 2026.
The aforesaid results are also being uploaded on the website of the Company at
www.sudarshan.com and will also be published in the newspapers in the prescribed format.
2. Accorded in-principle approval for acquisition of 1,62,16,847 Equity Shares of face value
₹10.00/- each in Sudarshan Colorants India Limited (formerly Heubach Colorants India
Limited), Step-Down Subsidiary of the Company (“Target Company”), constituting
70.26% of total shareholding of the Target Company, which is currently held by Sudarshan
Europe B.V., Wholly Owned Subsidiary of the Company and Sudarshan Switzerland
HLD1 AG (formerly Heubach Holding Switzerland AG and Colorants International AG)
and Sudarshan Switzerland HLD2 AG (formerly Heubach EBITO Chemiebeteiligungen
AG and EBITO Chemiebeteilgungen AG), Wholly Owned Step-Down Subsidiaries of the
Company, as a measure towards having internal restructuring of shareholding within the
group. As a result of the proposed acquisition, shareholding in the Target Company shall
be directly held by the Company.
Sudarshan Chemical Industries Limited
Registered Office: 7th Floor, Eleven West Panchshil, Survey No 25, Near PAN Card Club Road, Baner, Pune 411 069, Maharashtra, India
T: +91 20 6828 1200 | www.sudarshan.com | shares@sudarshan.com | CIN: L24119PN1951PLC008409
The Board has constituted a Committee of Directors and has authorized the said
Committee, to approve the proposed acquisition of Equity Shares of the Target Company,
in one or more tranches, subject to compliance with extant regulations. This transaction
will not have any impact on control and business operations of the Target Company.
Details of the proposed transaction(s) would be reported in terms of applicable Regulations
subsequent to the execution of the proposed transaction(s) as mentioned above.
Disclosure pursuant to Regulation 30 of SEBI Listing Regulations, 2015 read with
SEBI Master Circular No. HO/49/14/14/(7)2025-CFD-POD2/I/3762/2026 dated
30th January, 2026 is enclosed as Annexure B.
The trading window for dealing in securities of the Company, shall open on
Saturday, 15th August, 2026, being forty-eight hours after declaration of the
Unaudited Financial Results (Standalone and Consolidated) for the quarter ended
30th June, 2026.
The Board Meeting commenced at 3:30 p.m. (IST) and concluded at 8:15 p.m. (IST).
Kindly take the same on record.
Thanking you,
Yours faithfully,
For SUDARSHAN CHEMICAL INDUSTRIES LIMITED
MANDAR VELANKAR
GENERAL COUNSEL AND COMPANY SECRETARY
Encl.: As above.
Sudarshan Chemical Industries Limited
Registered Office: 7th Floor, Eleven West Panchshil, Survey No 25, Near PAN Card Club Road, Baner, Pune 411 069, Maharashtra, India
T: +91 20 6828 1200 | www.sudarshan.com | shares@sudarshan.com | CIN: L24119PN1951PLC008409
Annexure A
SUDARSHCAHNE MICIANLD USTRLIIEMSI TED
REGOO.F FI/CG ELOBAHLE ADO FFI:C7 ET HF LOORE,L EVEWNE STP ANCHSHSIULR,V ENYO .2 5,
NEARP ANC ARDC LUBR OADB,A NERP,U NE-4 1016 9M,A HARASHTIRNAD,I A
Tel:+. 9 12 06 8821 2 00E ma:is lh ares@sudarsWheabns.i:wwct owem. sudarshan.com
CI:NL 24119PN1951PLC008409
PARIT S-TATEMEONFUT N AUDITSETDA NDALOFNIEN ANCRIEASLU LFTOSR T HEQ UARTEERN DE3D0t hJ UN2E0 26
(fin Crore)
QuartEenrd ed YeaErn ded
31.03.2026
Sr. 31.03.2026 (Audited)
Particulars 30.06.2026 30.06.2025
No. (Audited)
(Unaudited) (Unaudited)
(Refneort5 e)
1 Revenfureoo mp erations 677.4 732.7 531.2 2,396.7
2 Othienrc ome 25.8 22.7 24.6 90.4
3 Totianlc o(m+1e 2 ) 703.2 755.4 555.8 2,487.1
4 Expenses
(aC)o sotfm atercioanlssu med 444.2 388.8 342.6 1,301.2
(bC)h angienis n ventooffir niiesgsho eodda snw do r-ikn-progress (91.9) 2.7 (64.3) 8.9
c)E mplobyeenee efxiptesn se 52.9 52.2 44.2 189.1
d)F inacnocset s 6.5 7.5 8.1 28.6
1e )D eprecainaadtm ioortni seaxtpieonns e 37.4 37.0 36.2 148.0
i'f)O theexrp en(sreesnf oet4re) 180.0 137.4 89.7 460.8
Total expenses 629.1 625.6 456.5 2,136.6
5 Probfeifto erxec eptiitoenamansldt a(x3- 4 ) 74.1 129.8 99.3 350.5
6 Exceptiitoenmasl iIn( ceoxmpee nsen)o t(2er) e fer 5.4 - (21.1)
7 Probfeifto trae(x+ 5 6 ) 74.1 135.2 99.3 329.4
8 Taexx pense
(aC)u rrteanxt 17.6 22.8 23.9 62.2
(bA)d justomfte arnxet l attoee adr pleireir(o ndest ) - 0.8 - 0.8
(cD)e fertra(excd r eIed xipte)n se (1.3) (8.8) 2.1 (23.9)
Tottaalex x pense 16.3 14.8 26.0 39.1
9 Proffoitrth qeu artIey re a(r7- 8 ) 57.8 120.4 73.3 290.3
10O thceorm preheinnsciov(meOe C I)
(aI)t etmhsaw ti llb enr oetc lastsopi rfoioferidl t o ss
Re-measuregmaeinn(tsl /o sosned se)f ibneendep fliatn s (4.1) 13.3 0.0 13.0
Incotmaeex ff ect 1.0 (1.4) 0.0 (1.3)
Tot(aal) (3.1) 11.9 0.0 11.7
(bI)t etmhsaw tib lelr eclastsopi rfoioferidl t o ss
Nemto vemoenne tff ecptoirtvieoo fcn a sflho wh edges 1.9 (0.1) 3.2 6.4
Incotmaeex ff ect (0.0) 0.0 0.0 0.3
Tot(abl) 1.9 (0.1) 3.2 6.7
Othecro mpreheinnsciovIme( e l osfso)tr h qeu artIey re a(rn eotf (1.2) 11.8 3.2 18.4
taxe(sa)+b )
11T otcaolm preheinnsciovfmeoet r h qeu artIey re a(r+9 1 O) 56.6 132.2 76.5 308.7
12P aide-quupi sthya craep i(tFaalvc ael fu2 e/ p-esrh are) 15.9 15.7 15.7 15.7
13O theeqru ity 2,518.2
14E arnipnegsrsh a(rbee feoxrcee ptiitoenmrasel,f n eort2 e) *
(Favcael oufe2t 1 e-ach)
Bas(iitcn) 7.3 14.6 9.3 39.6
Dilu(titen)d 7.3 14.6 9.3 39.5
Earnipnegsrsh a(raeft eexrc eptiitoenmrasel,f n eort2 e) *
(Favcael oufe2t / e-ach)
Bas(iitcn) 7.3 15.3 9.3 36.9
Dilu(titen)d 7.3 15.3 9.3 36.9
*Noatn nualised
SUDARSHCAHNE MICIANLD USTRLIIEMSI TED
REGOO.F FICGEL/O BAHLE ADO FFI:C7 ET HF LOORE,L EVEWNE STP ANCHSHSIULR,V ENYO .2 5,
NEARP AN CACRLDU BR OADS,A NER, PUN0E6-94M,1A 1H ARASHTIRNAD,I A
Tel:+. 9 210 6 8821 2 00E mai:s lh ares@sudarsWheabns.i:cwwwt o.ems udarshan.com
CI:NL 24119PN1951PLC008409
Notetsot hset andaflionnaenr ceisaull ts:
1. Thea bovuen audsittaendd aflionnaenr ceisauwlle trrsee viebwyte hdAe u dCiotm mitatnedae p proavnedtd a koennr ecobrytd h Beo arodfD irecattto hrersie rs pective
meetihneglosdn 1 ih Augu2s0t2,T6 h.e suen audsittaendd aflionnaenr ceisauhlla tvbsee epnr epairnae cdc ordwainttchheI e n diAacnc ounSttianngd (a"rIdnsd a-sA S")
speciufnideSeder c t1i3o3on ft hCeo mpanAicet2s,0 1r3e awdi trhu l3oe f t hCeo mpan(iIensdA icacno unSttianngd aRrudlse2)s0 ,1( 5a asm endferdot mi mteot ime)
antdh per oviosfti ohCneos m panAicet2s0. 1 3.
2. Pursutaonn ott ifiocfta htNeie owLn a boCuord eesff ectfirvo2em1s tN ovemb2e0r2,t5 h,Ce o mpahnayd d,u ritnhgpe r evifoiunsa nyceiaearnl d i3n1sgtM arc2h0,2 6
recognaio sneed- tpiamssete rvciocsoetf t2 1.c1r oraensfd o trh qeu a
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