Commercial Syn Bags Reports 405% Surge in Q1 Net Profit, Expands Stake in UK Subsidiary Aug 08, 2025
More news about Commercial Syn Bags
24Apr 25
Commercial Syn Bags Subsidiary Revises Share Purchase Agreement with Erawat Pharma, Increases Acquisition Price
Commercial Syn Bags' subsidiary, Comsyn India Private Limited, has amended its Share Purchase Agreement with Erawat Pharma Limited for acquiring Erawat Vegcap Private Limited. The revised deal increases the per-share price from ₹52.60 to ₹58.00 for 9,50,000 shares, totaling ₹5.51 crore. The acquisition is set to complete by May 15, 2025, with a staged payment plan. This move aims to expand Commercial Syn Bags' presence in the plastic products, packaging, and healthcare sectors.