NSEMemorandum of Understanding/Agreements25 Aug 2026 · 25 Aug 2026, 06:25 am
Memorandum of Understanding/Agreements
Sudarshan Chemical Industries Limited · SUDARSCHEM
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Sudarshan Chemical Industries Limited has informed the Exchange about signing a definitive Asset Sale and Transfer Agreement with Clariant Additives (Switzerland) AG to acquire its aluminium dyes and chemicals manufacturing plant in Muttenz, Switzerland.
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Sudarshan Chemical Industries Limited has informed the Exchange about Memorandum of Understanding/Agreements
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SUDARSCHEM_25082026062443_ProjectTellSEIntimation25082026Signed.pdf
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25th 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,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, (“SEBI Listing Regulations, 2015”)
We wish to inform you that in compliance with Regulation 30(6) of SEBI Listing Regulations, 2015,
Sudarshan Switzerland SLO AG (formerly known as Heubach Colorants Switzerland AG),
a Step-Down Wholly-Owned Subsidiary of Sudarshan Chemical Industries Limited
(“the Company”), has, on 24th August, 2026, signed a definitive Asset Sale and Transfer Agreement
with Clariant Additives (Switzerland) AG to acquire its aluminium dyes and chemicals
manufacturing plant in Muttenz, Switzerland.
The requisite details of the aforesaid transaction, 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, are attached as Annexure A.
The above intimation is also being uploaded on the website of the Company at www.sudarshan.com
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 | E: shares@sudarshan.com | www.sudarshan.com | CIN: L24119PN1951PLC008409
Annexure A
The detailed information as required under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No.
HO/49/14/14/(7)2025-CFDPOD2/I/3762/2026 dated 30th January, 2026:
Sr. No. Particulars Description
1. Name of the entity(ies) with Clariant Additives (Switzerland) AG
whom agreement/JV is signed
2. area of agreement/JV Asset Sale and Transfer Agreement
3. domestic/international International
4. share exchange ratio / JV ratio Not Applicable
5. scope of business operation The Company, through Sudarshan Switzerland
of agreement / JV SLO AG (formerly known as Heubach Colorants
Switzerland AG), a Step-Down Wholly-Owned
Subsidiary of the Company, has signed a
definitive Asset Sale and Transfer Agreement
with Clariant Additives (Switzerland) AG to
acquire its aluminium dyes and chemicals
manufacturing plant in Muttenz, Switzerland. For
years, the Muttenz plant has manufactured
Sudarshan Chemical Group's Aluminium Dyes
portfolio, including the Sanodal®, Sanodure®,
Sanodye®, and Anodal® brands. The agreement
converts that supply relationship into direct
ownership.
Aluminium Dyes are the colorants used to color
anodized aluminium, giving finished surfaces
their color and durability in automotive and
consumer electronics components, packaging and
industrial parts. Sudarshan Chemical Group
covers the segment worldwide in cooperation
with its trusted regional partners.
6. details of consideration paid/ Base price of seven million Swiss Francs CHF
received in agreement/JV 7,000,000 and Inventory value as determined in
accordance with the Asset Sale and Transfer
Agreement.
7. significant terms and conditions The transaction is structured as a purchase of
of agreement / JV in brief identified assets for production of Aluminium
Dyes and the consideration shall be discharged in
the manner as defined under The Asset Sale and
Transfer Agreement subject to fulfilment of
conditions precedent as specified in the
agreement.
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 | E: shares@sudarshan.com | www.sudarshan.com | CIN: L24119PN1951PLC008409
The transaction is subject to conditions precedent
and includes transfer of possession of the
identified assets and related records upon
completion.
8. whether the acquisition would No
fall within related party
transactions and whether the
promoter/ promoter group/ group
companies have any interest in
the entity being acquired? If yes,
nature of interest and details
thereof and whether the same is
done at “arm’s length”
9. Size of the entity(ies) Not applicable, as the transaction pertains to
purchase of identified assets and does not result
into acquisition of the Clariant Additives
(Switzerland) AG.
10. rationale and benefit expected Please refer Point No.5
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 | E: shares@sudarshan.com | www.sudarshan.com | CIN: L24119PN1951PLC008409