Dhampur Bio Organics to Acquire 100% Stake in Sonitron Bio Organics

MT Newswires Live

2024/11/28

Dhampur Bio Organics (NSE:DBOL, BOM:543593) has agreed to acquire a 100% stake in Sonitron Bio Organics for 100,000 Indian rupees to make it a wholly owned subsidiary, according to a Wednesday filing to the stock exchanges.

Sonitron Bio Organics is a manufacturer and dealer of chemical and chemical products and also deals in agri products, including sugar and allied sugar products.

The transaction is scheduled to be completed in 30 days.

Price (INR): ₹129.08, Change: ₹+1.6, Percent Change: +1.29%

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