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Transchem Limited acquired Greshma Shares and Stocks for Rs 25.91 crore, entering financial services
17-Aug-2026, 10:20
Transchem Limited has acquired 100% of the equity shareholding of Greshma Shares and Stocks Limited (GSSL) for a consideration of Rs 25.91 crore, according to a regulatory filing. The acquisition, completed August 17, 2026, involves the purchase of 1,55,16,000 equity shares of GSSL at Rs 16.70 per share, making GSSL a wholly-owned subsidiary of Transchem Limited. The move is described as a strategic initiative to enable Transchem to enter the financial services sector, leveraging GSSL's expertise in stock broking.
Transchem Limited has acquired 100% of the equity shareholding of Greshma Shares and Stocks Limited (GSSL) for a consideration of Rs 25.91 crore, according to a regulatory filing. The acquisition, completed August 17, 2026, involves the purchase of 1,55,16,000 equity shares of GSSL at Rs 16.70 per share, making GSSL a wholly-owned subsidiary of Transchem Limited. The move is described as a strategic initiative to enable Transchem to enter the financial services sector, leveraging GSSL's expertise in stock broking.