Acutaas Chemicals Limited has announced the completion of its acquisition of 100% of the equity share capital of Enchem Ami Organics Private Limited. This transaction, involving 10,000 equity shares, makes Enchem Ami Organics a wholly-owned step-down subsidiary. The acquisition was finalized on October 17, 2026, as per regulatory requirements.
Acquisition of Enchem Ami Organics Finalized
Acutaas Chemicals Limited has officially completed the acquisition of 100% of the equity share capital of Enchem Ami Organics Private Limited. This strategic move was executed through the transfer of 10,000 equity shares, each with a face value of Rs. 10/-, from Acutaas Chemicals Electrolytes Private Limited, a subsidiary of Acutaas Chemicals Limited.
Enhanced Ownership and Subsidiary Status
With the conclusion of this acquisition on October 17, 2026, Enchem Ami Organics Private Limited has now become a direct wholly-owned subsidiary of Acutaas Chemicals Limited. This increases the company’s consolidated ownership and operational control over its step-down subsidiary, aligning with its growth objectives.
The company has made this information available on its official website, www.acutaas.com, for public access and records.
Source: BSE