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Transchem Limited acquires 100% of Greshma Shares and Stocks for Rs 25.91 crore
17-Aug-2026, 06:55
Transchem Limited has executed a Share Purchase Agreement with existing shareholders of Greshma Shares and Stocks Limited (GSSL), acquiring 100% of GSSL's equity shareholding for a consideration of Rs 25.91 crore, or Rs 16.70 per share. The acquisition, completed August 17, 2026, makes GSSL a wholly-owned subsidiary of Transchem Limited and marks the company's entry into the financial services sector, specifically stock broking. Regulatory approvals were obtained from NSE Clearing Limited, National Stock Exchange of India Limited, Indian Clearing Corporation Limited, BSE Limited, Central Depository Services (India) Limited, and the Securities and Exchange Board of India.
Transchem Limited has executed a Share Purchase Agreement with existing shareholders of Greshma Shares and Stocks Limited (GSSL), acquiring 100% of GSSL's equity shareholding for a consideration of Rs 25.91 crore, or Rs 16.70 per share. The acquisition, completed August 17, 2026, makes GSSL a wholly-owned subsidiary of Transchem Limited and marks the company's entry into the financial services sector, specifically stock broking. Regulatory approvals were obtained from NSE Clearing Limited, National Stock Exchange of India Limited, Indian Clearing Corporation Limited, BSE Limited, Central Depository Services (India) Limited, and the Securities and Exchange Board of India.