Coromandel International Limited has disclosed its acquisition of an additional 1,88,24,301 equity shares, representing 0.67% of the total share capital, in NACL Industries Limited. This acquisition was made pursuant to the subscription of a rights issue, including additional shares allotted. The transaction details, filed under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicate that Coromandel International's shareholding in NACL Industries has increased from 53.06% to 53.73%. The pre-transaction shareholding was 10,69,12,581 shares, and post-transaction, it stands at 12,57,36,882 shares. The disclosure was made on January 4, 2026, and the relevant date for the share capital considered was December 31, 2025. Coromandel International is exempted from making an open offer under Regulation 10(4)(a) and (b) of the SEBI Takeover Regulations. No disclosure under Regulation 10(5) was required for this acquisition. The filing was made by B Shanmugasundaram, Company Secretary and Compliance Officer of Coromandel International Limited, from Chennai.
