Supreme Petrochem Limited
Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers.
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Supreme Petrochem Ltd has acquired 80% of Xmotd Polymers Pvt. Ltd., purchasing 1,737,450 equity shares from current promoters in a first tranche. The total acquisition is for all 2,171,813 equity shares, with the remaining 20% expected to be acquired within two years. This strategic move aims to enhance market presence...
SUPREME PETROCHEM LIMITED has informed the Exchange regarding Acquisition
Supreme Petrochem Ltd. will acquire 100% of Xmotd Polymers Pvt. Ltd. by purchasing 2,171,813 equity shares at a valuation of ₹39.76 crore. This acquisition aims to bolster Supreme’s presence in the polymer compounding segment, particularly in Southern India. Xmotd, with an established customer base in the automotive and appliance sectors...