Anupam Rasayan approves ₹60.88 cr Tanfac Industries stake acquisition
- Anupam Rasayan acquired 2,60,065 Tanfac Industries shares for ₹60.88 crore
- Share purchase price set at ₹2,341 per equity share on preferential basis
- Hetvi Vyas appointed as Deputy CFO and Key Managerial Personnel
- 23rd AGM scheduled for September 30, 2026 via video conference
*this image is generated using AI for illustrative purposes only.
Anupam Rasayan India Limited approved the acquisition of a stake in Tanfac Industries Limited for an aggregate consideration of ₹60.88 crore during its board meeting on September 7, 2026. The company also appointed Ms. Hetvi Vyas as Deputy Chief Financial Officer and Key Managerial Personnel.
The board authorized the purchase of 2,60,065 equity shares of Tanfac Industries, each with a face value of ₹5. The transaction was executed on a preferential issue basis at an issue price of ₹2,341 per share. Following this approval, Anupam Rasayan will execute the acceptance form in Form PAS-4 to finalize the private placement offer.
Corporate Governance and AGM Schedule
The board also approved the notice convening the company’s 23rd Annual General Meeting (AGM). The event is scheduled to take place on Wednesday, September 30, 2026, at 9:30 am via video conference or other audio-visual means.
Key dates related to the AGM include:
- Record date for final dividend payment: September 18, 2026
- Cut-off date for voting eligibility: September 23, 2026
- Speaker registration period: September 24 to September 26, 2026
- Remote e-voting period: September 27 to September 29, 2026
The board appointed M/s. M D Baid & Associates as the scrutinizer to oversee the e-voting process and issue a report ensuring fair and transparent conduct.
What the Numbers Show
The acquisition represents a significant capital deployment by Anupam Rasayan. The total consideration of ₹60.88 crore for just over 2.6 lakh shares implies a substantial premium over the face value, reflecting the strategic value placed on the Tanfac Industries stake rather than merely its par value.
Historical Stock Returns for Anupam Rasayan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.41% | -2.13% | 0.0% | 0.0% | 0.0% | 0.0% |
How will the acquisition of Tanfac Industries impact Anupam Rasayan's vertical integration strategy and supply chain resilience in the specialty chemicals sector?
What is the expected timeline for regulatory approvals and the finalization of the private placement offer under Form PAS-4?
How might the appointment of a new Deputy CFO influence Anupam Rasayan's financial reporting standards and capital allocation decisions in the upcoming fiscal year?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
