Anupam Rasayan India Limited’s Board of Directors has approved the acquisition of 2,60,065 equity shares of Tanfac Industries Limited through a preferential issue. The face value of each share is ₹5, and the issue price is ₹2,341 per share, totaling an aggregate consideration of ₹60.88 crore. This strategic move is expected to bolster the company’s investment portfolio. The Board also approved other key decisions including the appointment of a new Deputy CFO and the details for the upcoming 23rd Annual General Meeting.
Strategic Acquisition Approved
The Board of Directors of Anupam Rasayan India Limited, in its meeting held on September 07, 2026, has given its approval for a significant strategic acquisition. The company will acquire 2,60,065 equity shares in Tanfac Industries Limited. These shares carry a face value of ₹5 each and are being acquired at an issue price of ₹2,341 per share. The total aggregate consideration for this acquisition amounts to ₹60,88,12,165 (Rupees Sixty Crores Eighty-Eight Lakhs Twelve Thousand One Hundred Sixty Five).
Further Board Decisions
In addition to the acquisition, the Board also approved several other critical items. The convening of the 23rd Annual General Meeting (AGM) was approved, scheduled for Wednesday, September 30, 2026. Key dates were fixed for the AGM, including the Record Date for final dividend on Friday, September 18, 2026, and the cut-off date for voting eligibility on Wednesday, September 23, 2026. The remote e-voting period will commence on Sunday, September 27, 2026, and conclude on Tuesday, September 29, 2026. Furthermore, the company has appointed Ms. Hetvi Vyas as the Deputy Chief Financial Officer and Key Managerial Personnel.
Source: BSE
