NSEPress Release4d ago · 1 Sept 2026, 02:14 am
Press Release
Sudarshan Chemical Industries Limited · SUDARSCHEM
✦ AI SummaryDivestiture
Sudarshan Chemical Industries Limited has divested its step-down subsidiary VP4 Frankfurt GmbH to Celanese Corporation, USA, to sharpen its focus on core pigments business.
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Sudarshan Chemical Industries Limited has informed the Exchange regarding a press release dated September 01, 2026, titled "Sudarshan Chemical Divests VP4 Frankfurt to Celanese, Sharpening Focus on Core Pigments Business".
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1st September, 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.: Press Release – Intimation under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended from time to time, we enclose herewith a Press Release issued by the Company,
contents of which are self-explanatory.
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
Sudarshan Chemical Divests VP4 Frankfurt to Celanese, Sharpening Focus
on Core Pigments Business
Pune, India | 1 September 2026 Sudarshan Chemical Industries Limited (Sudarshan) today
announced the sale of its step-down subsidiary VP4 Frankfurt GmbH ("VP4" Frankfurt) to
Celanese Corporation, USA, further sharpening the company’s focus on its core pigments
business. VP4 Frankfurt is engaged in the manufacture of certain intermediates such as
Diketene, primarily as a tolling operator for Nutrinova, an affiliate of Celanese Corporation
and Mitsui & Co. Japan. VP4 Frankfurt became part of Sudarshan through its acquisition of
the Heubach Group. This divestment strengthens Sudarshan's strategic focus and
operational position.
VP4 Frankfurt serves Nutrinova as its principal customer, with only a small share of its output
going to Sudarshan for captive consumption. Diketene is an important intermediate for
functional food ingredients, making the asset a stronger strategic fit with Celanese and
Nutrinova, a producer of additives for the food industry such as sweeteners. The transaction,
therefore, places VP4 Frankfurt more closely aligned with its principal customer. Following
completion of the transaction, Nutrinova will continue to supply Sudarshan with the
materials it requires.
"The sale of VP4 Frankfurt is a strategic step in sharpening our focus. Pigments and colorants
are where we create the most value for our customers. VP4 is a well-run business with a
strong team, and it now moves to the company it already serves. That is the right outcome for
the asset, for its employees, and for Sudarshan,"
- Rajesh Rathi, Chairman & Managing Director, Sudarshan Chemical Industries
Limited
About Sudarshan
Sudarshan Chemical Industries Ltd (BSE: 506655 | NSE: SUDARSCHEM) is a global leader in
color solutions and specialized pigments, serving customers in over 120 countries.
Headquartered in Pune and Frankfurt, the company o(cid:431)ers a broad portfolio of organic,
inorganic, and pearlescent pigments used across coatings, plastics, inks, cosmetics, and
other applications. Supported by more than 3,900 employees and 20 manufacturing and R&D
sites worldwide, Sudarshan continues to set benchmarks in color quality, performance, and
sustainability.
Follow us on LinkedIn and visit www.sudarshan.com to know more.
Media Contact:
Sudarshan
Ushna Iyer | umiyer@sudarshan.com
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