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Thirumalai Chemicals acquires 3.25% in Ultramarine

PRIVATEOct 05, 2026

Acquiring Company

Thirumalai Chemicals Limited

Acquired Company

Ultramarine & Pigments Limited

Madhya PradeshMadhya PradeshManufacturingManufacturing

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.

Company Information

Company

Thirumalai Chemicals Limited

Location

Madhya Pradesh, India

About

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. The company plays a significant role in its promoter group affiliations. It is listed on the BSE Limited.

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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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