Vishnu Chemicals Extends Timeline for South African Chrome Mining Complex Acquisition

1 min read     Updated on 04 Nov 2025, 12:32 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Vishnu Chemicals Limited has revised the completion timeline for its subsidiary Vishnu South Africa (Pty) Limited's acquisition of a chrome mining complex in South Africa. The new completion date is set for January 2026, extended from the original timeline of within one year from November 9, 2024. The extension is due to pending fulfillment of certain conditions precedents. The acquisition, structured as a share and asset deal, remains unchanged in other terms. This update was disclosed under Regulation 30 of SEBI regulations to maintain transparency.

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*this image is generated using AI for illustrative purposes only.

Vishnu Chemicals Limited has announced an update regarding its subsidiary Vishnu South Africa (Pty) Limited's acquisition of a chrome mining complex in South Africa. The company has revised the completion timeline for this significant corporate action, extending it to January 2026.

Key Details of the Acquisition Update

Aspect Details
Original Timeline Within one year from November 9, 2024
Revised Completion Date January 2026
Reason for Extension Pending fulfillment of certain conditions precedents
Acquisition Type Share and asset deal
Other Terms Remain unchanged

Background and Implications

Vishnu Chemicals initially signed definitive agreements for this acquisition on November 9, 2024. The company had originally anticipated completing the transaction within a year. However, as disclosed in their latest regulatory filing dated November 3, 2025, certain conditions precedent are yet to be fulfilled, necessitating an extension of the completion timeline.

The acquisition involves both share and asset components, indicating a comprehensive deal structure. Despite the extended timeline, Vishnu Chemicals has affirmed that all other terms and conditions of the acquisition remain unaltered.

Transparency and Compliance

In line with regulatory requirements, Vishnu Chemicals made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that this update is being provided to maintain transparency and keep stakeholders informed about the status of the proposed acquisition.

The extension of the acquisition timeline may have implications for Vishnu Chemicals' strategic plans and future operations. Investors and market observers will likely be watching closely for further updates on the fulfillment of the pending conditions and the eventual completion of this international acquisition.

Stakeholders should stay tuned for any additional disclosures from Vishnu Chemicals regarding the progress of this acquisition and its potential impact on the company's operations in the chrome mining sector.

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Vishnu Chemicals Provides Update on UAE Subsidiary Closure Process

1 min read     Updated on 27 Oct 2025, 04:22 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Vishnu Chemicals Limited announced the ongoing voluntary winding-up of its wholly owned subsidiary, Vishnu International Trading FZE, located in the UAE. The closure process, initially communicated on July 23, 2025, is expected to be completed within approximately 6 months from the latest update on October 27, 2025. This disclosure was made in compliance with SEBI regulations and is available on the company's website and stock exchanges.

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*this image is generated using AI for illustrative purposes only.

Vishnu Chemicals Limited has recently provided an update on the closure of its wholly owned subsidiary, Vishnu International Trading FZE, located in the United Arab Emirates (UAE). The company disclosed this information in a regulatory filing to the stock exchanges on October 27, 2025.

Key Details of the Subsidiary Closure

Aspect Details
Subsidiary Name Vishnu International Trading FZE
Location UAE
Closure Process Voluntary winding-up
Expected Completion Time Approximately 6 months
Initial Announcement Date July 23, 2025

Closure Process

The company stated that Vishnu International Trading FZE is currently undergoing a voluntary winding-up process. This process, which began following the company's initial communication on July 23, 2025, is expected to reach completion within approximately six months from the date of the latest update.

Regulatory Compliance

Vishnu Chemicals Limited made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This regulation mandates listed entities to inform the stock exchanges about material events or information.

Transparency Measures

The company has ensured transparency by making this information available on its official website at www.vishnuchemicals.com , in addition to the regulatory filings with the BSE Limited and the National Stock Exchange of India Limited.

As the winding-up process unfolds, stakeholders and investors will likely keep a close watch on any further updates from Vishnu Chemicals regarding the closure of its UAE subsidiary and any potential impact on the company's operations or financials.

Historical Stock Returns for Vishnu Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.78%+7.74%+8.60%+22.83%-2.86%+1,556.83%
Vishnu Chemicals
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