Acquiring Company
Thirumalai Chemicals Limited
Acquired Company
Ultramarine & Pigments Limited
Description
Thirumalai Chemicals Limited has acquired a 3.25% stake in Ultramarine & Pigments Limited by purchasing 9.50 lakh shares. This transaction occurred via the stock exchange on September 30, 2026. Despite this acquisition, Thirumalai's overall holding decreased from 9.38% to 6.13%, indicating potential portfolio rebalancing. The stake adjustment was part of the promoter group's strategy amidst market conditions.
Fundz sees it the moment Thirumalai Chemicals Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Ultramarine & Pigments Limited?
Ultramarine & Pigments Limited was acquired by Thirumalai Chemicals Limited, based in Madhya Pradesh. The deal was reported on October 5, 2026. Thirumalai Chemicals Limited is a company involved in the manufacturing of various chemical products. It is recognized for its contributions to the industrial chemicals sector. Thirumalai Chemicals Limited is privately held and operates in Manufacturing.
When did Thirumalai Chemicals Limited acquire Ultramarine & Pigments Limited?
Thirumalai Chemicals Limited's acquisition of Ultramarine & Pigments Limited was reported on October 5, 2026. Thirumalai Chemicals Limited has acquired a 3.25% stake in Ultramarine & Pigments Limited by purchasing 9.50 lakh shares. This transaction occurred via the stock exchange on September 30, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ultramarine & Pigments Limited do?
Ultramarine & Pigments Limited specializes in the production of ultramarine pigments and related chemical products. It is a well-established company within the decorative and industrial paint markets. The firm is also part of a promoter group. It is privately held, operating in Manufacturing, and is based in Madhya Pradesh.
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