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Sudarshan Chemical is divesting its non-core step-down subsidiary, VP4 Frankfurt GmbH, for EUR 76.5 Mn.

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Sudarshan Chemical Industries LimitedSUDARSCHEM · Filed with the exchange

This strategic move strengthens focus on core pigments and significantly boosts its balance sheet, aiming for zero net debt.

Diketene supply is secured post-sale.

Read the original filing(PDF)

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