Solar Industries India532725Acquisition deal news
Solar Industries arm Solar Explochem to acquire 100% of Sivasakthi Industrial Explosives for ₹115.02 crore
By ScoutQuest · · 1 min read
100%Shareholding acquired
- Stake Acquired
- 100% of the issued and paid-up equity share capital of Sivasakthi
- Consideration
- Cash consideration; total consideration value of ₹ 115.02 crores
- Completion Timeline
- to be completed within 12 months
- Target
- Sivasakthi Industrial Explosives Private Limited
- Transaction
- Acquisition via Share Purchase Agreement by wholly owned subsidiary
Solar Industries arm Solar Explochem to acquire 100% of Sivasakthi Industrial Explosives for ₹115.02 crore.
34,99,675.00 (in Rupees)-72.2%
FY2023-241,26,11,375.00 (in Rupees)FY2024-2534,99,675.00 (in Rupees)
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More numbers
- Total consideration₹ 115.02 crores
- Shareholding acquired100%
- Indicative time period for completion12 Months
- Sivasakthi turnover FY2024-2534,99,675.00 (in Rupees)
- Sivasakthi turnover FY2023-241,26,11,375.00 (in Rupees)
Source: BSE · 15 Oct 2026
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