BSEInsider Trading / SAST2d ago · 18 Aug 2026, 11:22 am

The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

Sudarshan Colorants India Ltd · 506390

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Sudarshan Europe B.V. has acquired 41,09,426 shares of Heubach Colorants India Limited, representing 17.80% of the total voting capital, through a share transfer agreement.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Sudarshan Colorants India Ltd - 506390 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011

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Sudarshan Europe B.V. Kingsfordweg 151 1043 GR Amsterdam Tel.: +31 (0)20 491 9417 Fax: +31 (0)20 491 9415 Email : eu@sudarshan.com 4th March, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Dear Sir / Madam, Sub : Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Please find enclosed a disclosure pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended from time to time, in the prescribed format, with respect to Heubach Colorants India Limited (Scrip Code: 506390, Scrip Symbol: HEUBACHIND). Kindly take the same on record. Thanking You, Yours faithfully, For SUDARSHAN EUROPE B.V. RAJESH BALKRISHNA RATHI CC to: HEUBACH COLORANTS INDIA LIMITED Rupa Renaissance, B Wing, 25th Floor, D-33, MIDC Road, TTC Industrial Area Juinagar, Navi Mumbai, Thane, Maharashtra, India, 400 705 Sudarshan Chemical Industries Limited Registered Office: Tel. No.: +91 20 682 81 200 www.sudarshan.com Corporate Identity No: L24119PN1951PLC008409 Format for disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended Heubach Colorants India Limited Name of the Target Company (TC) Sudarshan Europe B.V. (“Acquirer”) Name(s) of the acquirer and Persons Acting in Concert (PAC) Sudarshan Chemical Industries Limited with the acquirer (“PAC 1”) Whether the acquirer belongs to Promoter/Promoter group National Stock Exchange of India Limited (NSE) Name(s) of the Stock Exchange(s) where the shares of TC are and BSE Limited (BSE) Listed Number % w.r.t.total % w.r.t. total share/voting diluted Details of the acquisition as follows capital share/voting wherever capital of the TC applicable(*) (**) Before the acquisition under consideration, holding of : a) Shares carrying voting rights Nil Nil Nil b) Shares in the nature of encumbrance (pledge/ lien/ Nil Nil Nil non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares Nil Nil Nil d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each Nil Nil Nil category) e) Total (a+b+c+d) Nil Nil Nil Details of acquisition 41,09,426 17.80 17.80 a) Shares carrying voting rights acquired Nil Nil Nil b) VRs acquired otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying Nil Nil Nil voting rights in the TC (specify holding in each category) acquired Nil Nil Nil d) Shares encumbered / invoked/released by the acquirer e) Total (a+b+c+/-d) 41,09,426 17.80 17.80 After the acquisition, holding of acquirer along with PACs of: 41,09,426 17.80 17.80 a) Shares carrying voting rights b) VRs otherwise than by shares Nil Nil Nil c) Warrants/convertible securities/any other instrument Nil Nil Nil that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition d) Shares in the nature of encumbrance (pledge/lien/non- Nil Nil Nil disposal undertaking/others) e) Total (a+b+c+d) 41,09,426 17.80 17.80 Indirect acquisition by Sudarshan Europe B.V. Mode of acquisition (e.g. open market / off-market / public of the entire shares held by Heubach issue / rights issue / preferential allotment / inter-se transfer Switzerland AG in Heubach Ebito etc). Chemiebeteiligungen by way of Share Transfer Agreement executed between Heubach Holding Switzerland AG (as a Seller) and Sudarshan Europe B.V. (as a Buyer). As a result, Sudarshan Europe B.V. has become Holding Company of Heubach Ebito Chemiebeteiligungen and hence has indirectly acquired shares of the Target Company as mentioned above. The Equity Shares of the Target Company Salient features of the securities acquired including time till which have been indirectly acquired are pari redemption, ratio at which it can be converted into equity passu with existing Equity Shares of the Target shares, etc. Company. Date of acquisition of / date of receipt of intimation of allotment 01.03.2025 of shares/VR/warrants/convertible securities.any other instrument that entitles the acquirer to receive shares in TC Rs. 23,08,17,980/- (divided into 2,30,81,978 Equity share capital / total voting capital of the TC before the Equity Shares of Rs. 10/- each) said acquisition Rs. 23,08,17,980/- (divided into 2,30,81,978 Equity share capital/ total voting capital of the TC after the Equity Shares of Rs. 10/- each) said acquisition Rs. 23,08,17,980/- (divided into 2,30,81,978 Total diluted share/voting capital of the TC after the said Equity Shares of Rs. 10/- each) acquisition (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. For SUDARSHAN EUROPE B.V. RAJESH BALKRISHNA RATHI DIRECTOR Place: Frankfurt, Germany Date: 4th March, 2025 Part B*** Name of the Target Company: Heubach Colorants India Limited Name(s) of the acquirer and Whether the acquirer belongs to PAN of the acquirer and/ or Persons Acting in Concert (PAC) Promoter/ Promoter group PACs with the acquirer Sudarshan Europe B.V. (Acquirer”) No ABPCS1304Q Sudarshan Chemical Industries No AABCS4223P Limited (PAC 1) ***Part B shall be disclosed to the Stock Exchanges but shall not be disseminated. For SUDARSHAN EUROPE B.V. RAJESH BALKRISHNA RATHI DIRECTOR Place: Frankfurt, Germany Date: 4th March, 2025 Sudarshan Europe B.V. Kingsfordweg 151 1043 GR Amsterdam Tel.: +31 (0)20 491 9417 Fax: +31 (0)20 491 9415 Email : eu@sudarshan.com 5th March, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Dear Sir / Madam, Sub : Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Please find enclosed a disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended from time to time, in the prescribed format, with respect to indirect acquisition of shares of Heubach Colorants India Limited (Scrip Code: 506390, Scrip Symbol: HEUBACHIND). Kindly take the same on record. Thanking You, Yours faithfully, For SUDARSHAN EUROPE B.V. RAJESH BALKRISHNA RATHI CC to: HEUBACH COLORANTS INDIA LIMITED Rupa Renaissance, B Wing, 25th Floor, D-33, MIDC Road, TTC Industrial Area Juinagar, Navi Mumbai, Thane, Maharashtra, India, 400 705 Sudarshan Chemical Industries Limited Registered Office: Eleven West Panchshil, 7 Floor, Survey No. 25, Near PAN Card Club Road, Baner, Pune - 411 069, India. Tel. No.: +91 20 682 81 200 Email: contact@sudarshan.com www.sudarshan.com Corporate Identity No: L24119PN1951PLC008409 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended Heubach Colorants India Limited Name of the Target Company (TC) Sudarshan Europe B.V. (“Acquirer”) Name(s) of the acquirer / seller and Persons Acting in Concert Sudarshan Chemical Industries Limited (PAC) with the acquirer (“PAC 1”) Heubach Holding Switzerland AG (“PAC 2”) Heubach Ebito Chemiebeteiligungen AG (“PAC 3”) Whether the acquirer / seller belongs to Promoter/Promoter group National Stock Exchange of India Limited (NSE) Name(s) of the Stock Exchange(s) where the shares of TC are and BSE Limited (BSE) Listed Number % w.r.t.total % w.r.t. total share/voting diluted Details of the a [Showing first 8,000 characters — download PDF for full document]