Astral Limited has successfully completed the acquisition of an 80% equity stake in Nexelon Chem Private Limited. The acquisition, initially announced on August 11, 2025, was finalized on November 5, 2025. With this acquisition, Nexelon will become a subsidiary of Astral Limited, expanding Astral’s portfolio and market reach.
Nexelon Acquisition Completed
Astral Limited has finalized its acquisition of an 80% equity stake in Nexelon Chem Private Limited (“NEXELON”), making Nexelon a subsidiary of Astral. The transaction, building on an intimation dated August 11th, 2025, aims to bolster Astral’s position in its sector.
Details of the Acquisition
The acquisition was completed on November 5th, 2025, following a Share Purchase Agreement with the existing promoters and shareholders of Nexelon. This move allows Astral to expand its operations.
Source: BSE