GSP Crop Science Ltd has completed the acquisition of a 21% equity stake in GSP Intermediates Private Limited. The transaction marks a strategic expansion for the company within its business operations.

Transaction Details

The acquisition involves the purchase of equity shares, resulting in GSP Crop Science Ltd holding a significant ownership position in GSP Intermediates Private Limited.

GSP Crop Science Limited has pledged 15,43,500 Equity Shares in its subsidiary, GSP Intermediates Private Limited (GIPL), to Aditya Birla Capital Limited to secure a term loan. The transaction, executed on May 26, 2026, involves shares representing 13.03% of the company's total 79% stake in GIPL. This action ensures compliance with the terms of the loan availed by the subsidiary while maintaining the parent company's controlling interest.

The filing submitted to BSE Limited and National Stock Exchange of India Limited detailed the specifics of the encumbrance. The pledge was created under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The security is intended to cover the obligations related to the term loan taken by GIPL.

Prior to this transaction, GSP Crop Science had already pledged 5,806,500 Equity Shares in GIPL, accounting for 49% of its shareholding in the subsidiary. With the addition of the new pledge, a significant portion of the company's investment in GIPL is now encumbered. However, the company confirmed that the overall shareholding structure remains unchanged.

The following table outlines the details of the shareholding and the pledge:

GSP Crop Science continues to hold 79% of the paid-up share capital of GIPL. The company stated that this latest pledge does not result in any change in control or ownership of the subsidiary. The disclosure was signed by Kamleshbhai D Patel, Company Secretary & Compliance Officer.