BSECompany Update2d ago · 17 Aug 2026, 06:09 pm

Please refer the attached intimation.

Transchem Ltd-$ · 500422

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Transchem Ltd has executed a Share Purchase Agreement with existing shareholders of Greshma Shares and Stocks Limited, acquiring 100% equity shareholding for INR 25.91 Cr.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact7/10
Market Sentiment5/10

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Transchem Ltd-$ - 500422 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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August 17, 2026 Listing Compliance Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai — 400 001. REF: SCRIP CODE: 500422 ISIN: INE019B01010 Dear Sir /Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Execution of Share Purchase Agreement for Acquisition of 100% Equity Shareholding of Greshma Shares and Stocks Limited Further to our earlier communication dated October 16, 2025 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that Transchem Limited (“Company”) has, today, August 17, 2026, executed a Share Purchase Agreement ("SPA") with the existing shareholders of Greshma Shares and Stocks Limited (“GSSL”), recording the terms and conditions for transfer of shares of 1,55,16,000 equity shares, representing 100% equity shareholding of GSSL. Pursuant to the terms of the SPA, the Company has acquired 100% of the issued and paid-up equity share capital of GSSL for a consideration of INR 16.70 (Indian Rupees Sixteen and Seventy Paisa Only) per share aggregating to INR 25,91,17,200 (Indian Rupees Twenty-Five Crore Ninety-One Lakh Seventeen Thousand Two Hundred Only). Upon completion of the said acquisition, GSSL became a Wholly-owned Subsidiary of the Company. Further, the detailed disclosures as required under Regulation 30 and Schedule III of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), are enclosed as Annexure A & B. The above information is also available on the Company’s website at www.transchem.net. Kindly take the same on record. Thanking You, Yours Faithfully, For Transchem Limited Neeraja Karandikar Company Secretary ACS: 10130 Encl: a/a CIN: L66120MH1976PLC019327 Registered Office: 111, Maker Chambers IV, 11th Floor, Nariman Point, Mumbai - 400021 Tel.: +91 22 43347000 Fax: + 91 22 43347002 E-mail: secretary@transchem.net Website: www.transchem.net Annexure A (Pursuant to Regulation 30 read with Para A(5) of Part A of Schedule III of SEBI Listing Regulations read with SEBI Master Circular) Sr. Details of Events required to be Disclosure No. disclosed a) Name(s) of parties with whom the Transchem Limited (“Company”) has executed a Share agreement is entered; Purchase Agreement ("SPA") with the existing shareholders of Greshma Shares and Stocks Limited (“GSSL”). b) Purpose of entering into the The SPA records the terms and conditions for the transfer of agreement; 1,55,16,000 equity shares 100% of the issued and paid-up equity share capital of GSSL. Upon completion of the acquisition, GSSL became a Wholly- owned Subsidiary of the Company. c) Shareholding, if any, in the entity Prior to the execution of the SPA, the Company did not hold with whom the agreement is any equity shares in GSSL. executed; d) Significant terms of the agreement The sale of 1,55,16,000 equity shares from the existing (in brief) special rights like right to shareholders of GSSL to Transchem Limited for an aggregate appoint directors, first right to share consideration of INR 25,91,17,200 (Indian Rupees Twenty- subscription in case of issuance of Five Crore Ninety-One Lakh Seventeen Thousand Two shares, right to restrict any change in Hundred Only), subject to terms and conditions as set out in capital structure etc.; t he SPA. e) Whether, the said parties are related The promoters, promoter group and group companies of the to promoter/promoter group/ Company do not have any direct or indirect interest in GSSL. group companies in any manner. If yes, nature of relationship; f) Whether the transaction would fall Not Applicable, the transaction does not fall within the ambit within related party transactions? If of Related Party Transactions. yes, whether the same is done at “arm’s length”; g) In case of issuance of shares to the Not applicable, as this is an acquisition of existing equity parties, details of issue price, class of shares of GSSL by way of the SPA and does not involve any shares issued; issuance of new shares. . h) Any other disclosures related to such Please refer to Sr. No. d) above agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.; i) In case of termination or amendment The Company shall make additional disclosures to the Stock of agreement, listed entity shall Exchange(s), as required under the SEBI Listing Regulations, disclose additional details to the in the event of any termination or amendment of the SPA. stock exchange(s) CIN: L66120MH1976PLC019327 Registered Office: 111, Maker Chambers IV, 11th Floor, Nariman Point, Mumbai - 400021 Tel.: +91 22 43347000 Fax: + 91 22 43347002 E-mail: secretary@transchem.net Website: www.transchem.net Annexure B (Pursuant to Regulation 30 read with Para A(1) of Part A of Schedule III of SEBI Listing Regulations read with SEBI Master Circular) Sr. Details of Events required to be Disclosure No. disclosed a) Name of the target entity, details Greshma Shares & Stocks Limited (“GSSL”) is a Public in brief such as size, turnover etc.; Limited Company incorporated on August 12, 2009, having its registered office at 124, Viraj, 41/42, 4th Floor, S. V. Road, Khar (W), Mumbai — 400052. The annual turnover of GSSL is INR 5.98 Crores and its net worth is INR 21.32 Crores, as on March 31, 2026. b) Whether the acquisition would The transaction is between Transchem Limited (“Company”) fall within related party and the shareholders of GSSL, who are not a related party of transaction(s) and whether the the Company. Also, the Company or any Directors or other promoter/ promoter group/ related parties don’t have any direct or indirect interest in group companies have any GSSL or any of its shareholders. interest in the entity being acquired? If yes, nature of interest Hence the transaction does not fall within the ambit of related and details thereof and whether party transaction(s) for the Company. the same is done at “arms length”; Upon completion of the acquisition, GSSL became a Wholly- owned Subsidiary of the Company. c) Industry to which the entity being Stock Broking, Capital Markets, and Financial Services (Equity acquired belongs; Broking and Depository Services constitutes GSSL's core activity). d) Objects and impact of acquisition The acquisition is a strategic initiative that will enable the (including but not limited to, Company to enter the financial service sector in a disclosure of reasons for comprehensive manner. This move will leverage GSSL's acquisition of target entity, if its platform and expertise in stock broking to provide services. business is outside the main line This is expected to broaden the revenue base and create of business of the listed entity); synergies in future expansion of company in the financial services domain. e) Brief details of any governmental The following regulatory approvals/no-objection certificates or regulatory approvals required for change in control of GSSL (a SEBI-registered stock broker for the acquisition; and CDSL depository participant) were obtained prior to execution of the SPA: (a) NSE Clearing Limited (NCL) – NOC dated January 5, 2026 (Ref. NCL/CMPL/2025/835); (b) National Stock Exchange of India Limited (NSE) – NOC dated March 16, 2026 (Ref. NSE/MEM-COMP/2026); (c) Indian Clearing Corporation Limited (ICCL) – approval dated March 24, 2026 (Ref. ICCL/MEM-INSP/2025- 26/183); (d) BSE Limited – prior approval dated April 23, 2026 (Ref. BSE/MOD/AK/RBP/2026/30); (e) Central Depository Services (India) Limited (CDSL) – prior approval dated May 25, 2026 (Ref. CDSL/AC- DP/AW/2026/121); and (f) Securities and Exchange Board of India (SEBI) – prior approval dated June 19, 2026 (Ref. HO/38/38/16(30)2026- CIN: L66120MH1976PLC019327 R [Showing first 8,000 characters — download PDF for full document]