Camlin Fine Sciences - Infinity Holdings' Open Offer To Improve Future Growth Prospects: Axis Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Axis Securities Report.With the total stock holding of co-promoters crossing 25% in Camlin Fine Sciences Ltd. an open offer to acquire additional 4.45 crore equity shares of Rs 1/- each constituting 26% of the total voting share capital got triggered enabling the acquirer Infinity Investment Management and other PACs to gain an incremental 26% stake in Camlin Fine Sciences at a price of Rs 160 per share. Mr. Ashish Dandekar, Promoter and Managing Director (with 8.66% stake in the company) signed a cooperation agreement with Infinity Investment Management (21.1% stake owner in Camlin Fine Sciences) and Belgium-based Ackermans and van Haaren to become co-promoters increasing the total promoter stake post open offer to 55.76%. Camlin Fine Sciences is expected to benefit from diverse promoter experience for its future strategies and further strengthen its position as one of the key global suppliers of specialty chemicals food chemicals and preservatives..Click on the attachment to read the full report:.Chemicals Sector Q4 Preview - Specialty, CRAMs To Drive Growth, Lower Crude To Drive Ebitda: ICICI Direct.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Camlin Fine Sciences - Infinity Holdings' Open Offer To Improve Future Growth Prospects: Axis Securities

Camlin Fine Sciences is expected to benefit from diverse promoter experience for its future strategies.

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