Sudarshan Chemical Industries Ltd (SUDARSCHEM) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Sudarshan Chemical Industries Ltd on NSE and BSE, with an AI summary of each filing.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 06 Nov 2026, 5:30 am
Intimation of quarterly earnings call scheduled on 6 November 2026
Intimation · 06 Nov 2026, 4:00 pm
Sudarshan Chemical Schedules 2QFY27 Earnings Conference Call Sudarshan Chemical Industries Limited will host an analyst and institutional investor conference call on 6th Nov'26 at 16:00 IST to discuss its unaudited standalone and consolidated financial performance for 2QFY27 and the half year ended 30th Sep'26. Organized by 360 ONE Capital Market Research, the video conference call will feature senior management, including Chairman and Managing Director Rajesh Rathi, Chief Financial Officer Nilkanth Natu, and Vice President of Finance Amey Athalye.
Sudarshan Chemical Industries Limited has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 06 Nov 2026, 5:30 am
Sudarshan Chemical Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve Unaudited Financial ....
Intimation · 06 Nov 2026, 5:30 am
Sudarshan Chemical Board Meeting Scheduled for 6th Nov'26 to Approve Q2 Results Sudarshan Chemical Industries Limited has scheduled its Board of Directors meeting on 6th Nov'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. In compliance with insider trading regulations, the trading window for dealing in company securities has been closed since 1st Oct'26 and will remain shut until 8th Nov'26 (both days inclusive) for all designated persons and their immediate relatives.
Announcement under Reg. 30 - Intimation of completion of sale of 100% stake in VP4 Frankfurt GmbH, a Step-Down Wholly-Owned Subsidiary of the Company
Others (Uncategorized) · 03 Nov 2026, 12:20 am
Sudarshan Chemical Completes Sale of VP4 Frankfurt for EUR 75.80 Million Sudarshan Chemical Industries Limited announced that its step-down wholly-owned subsidiary, Sudarshan Germany Horizons GmbH, completed the sale of a 100% stake in VP4 Frankfurt GmbH to Celanese US Holdings LLC on 2nd Nov'26. The transaction was finalized following the fulfilment of customary closing conditions for a total consideration of EUR 75.80 mn (payable in USD equivalent), pursuant to the definitive agreement signed on 31st Aug'26. Consequently, VP4 Frankfurt has ceased to be a step-down subsidiary of Sudarshan Chemical effective 2nd Nov'26.
Announcement under Reg. 30 - Allotment of 19,350 ESOPs
Others (Uncategorized) · 28 Oct 2026, 10:18 pm
Sudarshan Chemical Approves Allotment of 19,350 ESOP Shares Sudarshan Chemical Industries Limited announced that its Allotment Committee approved the allotment of 19,350 equity shares (face value Rs. 2 each) on 28th Oct'26 under the Sudarshan Employee Stock Option Plan 2018. The shares were issued at an exercise price of Rs. 349.35 per share, including a premium of Rs. 347.35 per share. Following this allotment, the company’s total issued share capital increased to Rs. 15,92,72,414 (7,96,36,207 shares), while total subscribed capital stands at Rs. 15,92,71,414 (7,96,35,707 shares).
Intimation of Credit Rating given by Ind-Ra
Others (Uncategorized) · 21 Oct 2026, 12:04 am
India Ratings Revises Sudarshan Chemical’s Outlook to Positive; Affirms 'IND AA/IND A1+' India Ratings revised Sudarshan Chemical Industries' outlook to Positive from Stable on 19th Oct'26, affirming bank facilities and fixed deposits at IND AA/IND A1+ and commercial paper at IND A1+. The revision reflects strengthening credit metrics and EBITDA expansion post-Heubach acquisition, which made the company the world's second-largest pigment producer. Consolidated FY26 revenue reached INR98 billion (up ~200% YoY), while EBITDA rose 55% YoY to INR5.9 billion. Non-core asset divestments and operational cash flows are projected to drive net debt neutrality by end-FY27.
Announcement under Reg. 30 - Conclusion of search / inspection
Others (Uncategorized) · 08 Oct 2026, 2:52 am
Maharashtra GST Authorities Conclude Search Proceedings at Sudarshan Chemical Sudarshan Chemical Industries announced that the inspection and search proceedings initiated by the Deputy Commissioner of State Tax, Maharashtra, on 1st Oct'26 under Section 67 of the MGST Act, 2017, concluded on 6th Oct'26. The inspection covered select offices and manufacturing units in Maharashtra. Management confirmed full cooperation with authorities and is submitting required documents within prescribed timelines. The company stated that the proceedings currently have no material impact on its financials, business operations, or related activities.
Announcement under Reg 30 - Inspection / Search Order
Others (Uncategorized) · 02 Oct 2026, 12:54 am
Maharashtra GST Authorities Initiate Search Proceedings at Sudarshan Chemical Facilities Maharashtra State GST officials initiated inspection and search proceedings at select offices and manufacturing units of Sudarshan Chemical Industries Limited on 1st Oct'26 under Section 67 of the Maharashtra GST Act, 2017. The proceedings, conducted by the Deputy Commissioner of State Tax, Mumbai, are currently underway with the company extending full cooperation. No specific allegations or violations have been communicated yet. The company stated that the ongoing proceedings currently have no material impact on its financials, business operations, or other activities.
Announcement under Reg. 30 - Completion of Acquisition
Others (Uncategorized) · 01 Oct 2026, 9:54 pm
Sudarshan Chemical Acquires 15.89% Stake in Sudarshan Colorants for INR 150.76 Cr Sudarshan Chemical Industries completed the acquisition of 36,68,036 equity shares, representing a 15.89% stake, in Sudarshan Colorants India (formerly Heubach Colorants India) on 1st Oct'26. The shares were acquired from its wholly owned subsidiary, Sudarshan Europe B.V., for an aggregate consideration of INR 150.76 Cr (INR 150,75,62,796). This transaction is part of the company's broader proposal to acquire a total 70.26% shareholding in the target entity from its wholly owned direct and step-down European subsidiaries.
Announcement under Reg. 30 - Execution of Share Purchase Agreement
Others (Uncategorized) · 28 Sept 2026, 10:41 pm
Sudarshan Chemical Executes Share Purchase Agreement for Sudarshan Colorants India Stake Sudarshan Chemical Industries Limited has executed a Share Purchase Agreement on 28th Sep'26 with its wholly owned subsidiary, Sudarshan Europe B.V., to acquire a 15.89% stake (36,68,036 equity shares) in Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) for an aggregate consideration of INR 150.76 cr. This transaction forms part of the company's broader proposal to acquire a total 70.26% shareholding in the target entity. The acquisition is scheduled to be consummated on or after 29th Sep'26 in compliance with applicable regulatory frameworks.
Intimation of one-on-one meeting with Institutional Investor
Intimation · 26 Sept 2026, 4:48 pm
Sudarshan Chemical Schedules Virtual Investor Interaction with Bowhead India Fund Sudarshan Chemical Industries Limited has scheduled a virtual, one-on-one interaction with institutional investor Bowhead India Fund on 30th Sep'26 at 05:00 PM IST, pursuant to Regulation 30 of SEBI Listing Regulations, 2015. The company confirmed that no unpublished price-sensitive information will be discussed during the meeting.
Intimation of Analyst Calls scheduled on Tuesday 29 September, 2026
Intimation · 25 Sept 2026, 2:56 am
Sudarshan Chemical Schedules Institutional Investor Meetings on 29th Sep'26 Sudarshan Chemical Industries Limited has scheduled in-person, one-on-one institutional investor meetings on 29th Sep'26. The management will interact with DSP Mutual Fund at 11:00 AM IST, Theleme at 12:15 PM IST, Axis Mutual Fund at 2:00 PM IST, Tata Mutual Fund at 3:00 PM IST, and Nippon Mutual Fund at 5:00 PM IST. The company confirmed that no unpublished price-sensitive information will be shared during these interactions.
Appointment of Mr. Amit Deshpande as the General Counsel forming part of the Senior Management Personnel of the Company
Change in Management · 22 Sept 2026, 4:00 am
Sudarshan Chemical Appoints Amit Deshpande as General Counsel Sudarshan Chemical Industries Limited approved the appointment of Mr. Amit Deshpande as General Counsel and Senior Management Personnel, effective 21st Sep'26, reporting directly to the Chairman and Managing Director. Deshpande brings over 24 years of experience across M&A, capital markets, corporate governance, and regulatory compliances. He previously served as Partner at LegaLogic Consulting and spent nearly 15 years as General Counsel & Company Secretary at Sterlite Technologies Limited, alongside prior roles at Tata AutoComp, Kirloskar Oil Engines, and Vishay Components.
Announcement under Reg 30 - Credit Rating
Others (Uncategorized) · 11 Sept 2026, 8:53 pm
CRISIL Reaffirms Sudarshan Chemical’s Commercial Paper Rating at 'CRISIL A1+' CRISIL has reaffirmed its ‘CRISIL A1+’ rating on Sudarshan Chemical Industries Limited’s (SCIL) Rs. 50 crore Commercial Paper programme. The rating reflects healthy liquidity, robust promoter experience, and strong global market position post the Heubach acquisition. SCIL announced the sale of VP4 Frankfurt GmbH for ~Rs. 840 crore (EUR 76.5 million), with proceeds primarily earmarked to prepay acquisition debt and accelerate deleveraging. For Q1 FY27, consolidated revenue rose 5.4% YoY to Rs. 2,642 crore, while EBITDA margin improved to 10.1% driven by cost-optimisation initiatives.
Submission of ESG Rating given by Crisil ESG Ratings and Analytics Limited
Others (Uncategorized) · 11 Sept 2026, 5:08 pm
Crisil Assigns Voluntary ESG Ratings to Sudarshan Chemical for FY26 Crisil ESG Ratings & Analytics has voluntarily assigned Sudarshan Chemical Industries an overall score of 'Crisil ESG 53' and a 'Crisil Core ESG 55' rating on 10th Sep'26, based on FY25-26 disclosures. The company confirmed it did not formally engage the agency; the ratings were independently determined using publicly available information and regulatory filings.
Announcement under Reg. 30 - Submission of revised investor presentation
Investor Presentation · 03 Sept 2026, 4:37 am
Sudarshan Chemical Sells VP4 Frankfurt for EUR 76.5 Mn to Achieve Zero Net Debt Sudarshan Chemical is divesting its 100% stake in step-down subsidiary VP4 Frankfurt GmbH to Nutrinova for EUR 76.5 Mn, with closure expected in 2-3 months. The non-core facility, which generated FY26 revenue of EUR 15.7 Mn and EBITDA of EUR 4.1 Mn, serves only 5% of Sudarshan’s captive needs. Post-deal, Sudarshan retains a long-term supply contract for Diketene. Crucially, proceeds will prepay acquisition debt, transforming Sudarshan into a zero net debt and positive cash company, while sharpening focus on its core pigments business.
Announcement under Reg 30 - Intimation of Resignation of General Counsel and Company Secretary, Compliance Officer, Key Managerial Personnel and Senior Management Personnel
Change in Management · 01 Sept 2026, 10:59 pm
Sudarshan Chemical KMP Resignation Mandar Velankar has resigned from his roles as General Counsel, Company Secretary, Compliance Officer, and Key Managerial Personnel at Sudarshan Chemical, effective 1st Sep'26. He cited the pursuit of an external career opportunity as the reason for his departure, confirming no other material reasons. Mr. Velankar holds 6,581 equity shares in the company, including 3,579 shares allotted on 28th Aug'26 under the ESOP plan. The company is actively searching for a successor to fill the vacancy.
Announcement under Regulation 30 - Resignation of General Counsel and Company Secretary and Compliance Officer of the Company
Change in Management · 01 Sept 2026, 10:57 pm
Sudarshan Chemical: General Counsel & Company Secretary Resigns Mr. Mandar Velankar has resigned as General Counsel, Company Secretary, and Compliance Officer of Sudarshan Chemical Industries, effective 1st Sep'26. The resignation, submitted on 3rd Jun'26, is to pursue external career opportunities. This cessation also covers his roles as Key Managerial and Senior Management Personnel. The company is seeking a replacement. At the time of resignation, Mr. Velankar held 6,581 fully paid-up equity shares, including 3,579 ESOP shares allotted on 28th Aug'26 which are pending listing.
Submission of Investor Presentation
Investor Presentation · 01 Sept 2026, 7:14 pm
Sudarshan Chemical to Divest VP4 Frankfurt Plant for EUR 76.5 Million Sudarshan Chemical Industries will sell its step-down subsidiary, VP4 Frankfurt GmbH, to Celanese for EUR 76.5 Mn, with closure expected in 2-3 months. The divested asset, non-core for Sudarshan's pigments business, generated FY26 revenue of EUR 15.7 Mn and EBITDA of EUR 4.1 Mn. Post-sale, Sudarshan will source its required Diketene from Nutrinova via a long-term supply contract. Proceeds will be used for prepayment of acquisition loans, strengthening the balance sheet and making the company zero net debt/positive cash.
Submission of Press Release under Regulation 30
Press Release · 01 Sept 2026, 7:42 am
Sudarshan Chemical Divests German Subsidiary to Sharpen Focus on Core Pigments Sudarshan Chemical announced on 1st Sep'26 the sale of its step-down subsidiary, VP4 Frankfurt GmbH, to Celanese Corporation (USA). The divestment aligns with Sudarshan's strategy to sharpen its focus on its core pigments business. VP4 Frankfurt, a tolling operator for Nutrinova (a Celanese affiliate), primarily manufactures intermediates like Diketene. As Nutrinova is VP4's principal customer, the asset is a better strategic fit for Celanese. Following the transaction, Nutrinova will continue to supply Sudarshan with required materials.
Intimation regarding execution of definitive Share Purchase and Transfer Agreement for sale of 100% stake in VP4 Frankfurt GmbH, a Step-Down Wholly-Owned Subsidiary of the Company
Others (Uncategorized) · 01 Sept 2026, 7:38 am
Sudarshan Chemical Divests German Subsidiary for EUR 76.5M Sudarshan Chemical Industries will sell its German step-down subsidiary, VP4 Frankfurt GmbH, to Celanese US Holdings for EUR 76.5M. The definitive agreement was signed on 31 Aug'26. The sale aligns with Sudarshan's strategy to focus on its core pigments business. As of 31 Mar'26, VP4 Frankfurt contributed 1.64% to consolidated revenue and had a net worth of EUR 5.67M. The transaction is not a related-party deal and will complete upon fulfillment of customary conditions, after which VP4 Frankfurt will cease to be a subsidiary.
Announcement under Reg 30 - Intimation of ESOP Allotment
Others (Uncategorized) · 28 Aug 2026, 5:20 pm
Announcement under Regulation 30 - Launch of New Product
Others (Uncategorized) · 27 Aug 2026, 11:14 pm
Sudarshan Chemical Launches New High-Performance Pigment Sudarshan Chemical Industries announced the launch of a new product, Sudaperm Violet 3040C, on 27th Aug'26. This new addition falls under the High-Performance Pigments category. The product is targeted for both domestic and international markets and is available globally. While the company stated the launch does not trigger the materiality threshold under SEBI regulations, it represents an expansion of its specialized product portfolio, signaling potential for incremental revenue streams in a key growth segment.
Submission of Press Release under Regulation 30 of SEBI Listing Regulations, 2015
Press Release · 25 Aug 2026, 7:02 pm
Sudarshan Chemical to Acquire Aluminium Dyes Plant from Clariant in Switzerland Sudarshan Chemical, through its subsidiary, has signed a definitive agreement to acquire Clariant's aluminium dyes and chemicals plant in Muttenz, Switzerland. The deal converts an existing supply relationship into direct ownership, securing long-term continuity for Sudarshan's Aluminium Dyes portfolio (Sanodal®, etc.). This asset purchase provides better control over complex manufacturing processes and capacity for future innovation. The transaction closing is subject to customary conditions and is expected on or around 04 Jan'27, with the existing workforce continuing at the site.