Polyplex Board approves final sale consideration of INR 7,348.83 Lakh for 51% stake in PDPL

Polyplex has issued an update linked to its earlier intimation dated April 30, 2026 about completing the acquisition of 51% (fifty one percent) of the share capital of PDPL.

Thu 1 Oct 2026

Stake Acquired

51% (fifty one percent) of the share capital of PDPL

Final Sale Consideration Approved

INR 7,348.83 Lakh

Earlier Stated Total Investment

~INR 6,209.75 Lakh

Balance Sum Approved To Be Paid

INR 1139.08 lakh

What the update says

Polyplex Corporation has given the exchanges a follow-up to its earlier intimation dated April 30, 2026. That earlier intimation said the company had completed the acquisition of 51% (fifty one percent) of the share capital of PDPL, for a total investment of ~INR 6,209.75 Lakh, subject to post-closing adjustments as per the Share Purchase Agreement.

In today's update, the company states that the Board, in its meeting held today, has approved the final sale consideration for that transaction.

Key numbers

• Stake acquired in PDPL: 51% (fifty one percent)
• Total investment indicated earlier: ~INR 6,209.75 Lakh
• Final sale consideration now approved: INR 7,348.83 Lakh
• Balance sum approved to be paid by the Company to the continuing sellers: INR 1139.08 lakh

What changed and why

The company says the final sale consideration has been arrived at based on post-closing adjustments mutually agreed between the parties, as per the Share Purchase Agreement. The earlier figure of ~INR 6,209.75 Lakh was described as the total investment, subject to those adjustments.

With the adjustments agreed, the final sale consideration for the 51% stake is INR 7,348.83 Lakh, and the balance sum of INR 1139.08 lakh has been approved to be paid by the Company to the continuing sellers.

Board meeting timing

The meeting of the Board of Directors commenced at 1715 hours (IST) and concluded at 1825 hours (IST).

How a retail investor can read this

• The 51% acquisition in PDPL was already intimated as completed earlier. This update settles the final price payable for that stake.
• The final sale consideration is stated as INR 7,348.83 Lakh, against the ~INR 6,209.75 Lakh indicated earlier, the difference being the post-closing adjustments agreed between the parties.
• The balance sum of INR 1139.08 lakh is stated as approved to be paid by the Company to the continuing sellers.
• The company has said a copy of the disclosure is also being posted on its website, www.polyplex.com.

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