Heubach Colorants India has announced an open offer for the acquisition of up to 60,01,268 fully paid-up equity shares, representing 26% of the equity share capital, by Sudarshan Europe B.V. along with Sudarshan Chemical Industries Limited, Sudarshan Switzerland HLD1 AG, and Sudarshan Switzerland HLD2 AG. The offer opening public announcement and corrigendum are dated September 09, 2025, and were published on September 10, 2025.
The offer is for the acquisition of up to 60,01,268 equity shares with a face value of ₹10 each, representing 26% of the equity share capital of Heubach Colorants India Limited.
The acquirer is Sudarshan Europe B.V., along with Sudarshan Chemical Industries Limited, Sudarshan Switzerland HLD1 AG, and Sudarshan Switzerland HLD2 AG.
| Particulars | Details |
|---|---|
| Offer Size | 60,01,268 equity shares |
| Percentage of Equity Share Capital | 26% |
| Event | On or Before (Indicative Timelines) | Day |
|---|---|---|
| Specified Date | Wednesday, August 27, 2025 | T-1 |
| Date of Public Announcement | Thursday, August 28, 2025 | T |
| Date of Detailed Public Statement | September 4, 2025 | T+5 |
| Identity of the Registrar to the Offer | September 4, 2025 | T+5 |
| Offer Opening Date | Monday, September 15, 2025 | T+16 |
| Offer Closing Date | Tuesday, September 29, 2025 | T+30 |
| Last Date of Receiving the Completed Offer Form and other Relevant Documents | Tuesday, September 29, 2025 | T+30 |
| Date by which the Acquirer/ PACs will intimate the Stock Exchanges about the status of acceptance or non-acceptance of the Offer | Friday, October 3, 2025 | T+34 |
| Date of Payment of Consideration/ Return of Equity Shares to the Equity Shareholders | Tuesday, October 14, 2025 | T+45 |
| Date of Completion of all formalities relating to the Offer | Tuesday, October 14, 2025 | T+45 |
All capitalised terms not defined herein shall have the same meaning, as specified in the enclosed Offer Opening Public Announcement and Corrigendum.
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