Shankar Lal Rampal Dye-Chem Ltd announced board approval for acquiring immovable property valued up to ₹1.75 crore. This supersedes an earlier approval of ₹1 crore due to revised commercial terms. The board also authorized executive directors to finalize agreements, ensuring compliance with legal and regulatory requirements for the acquisition.
Shankar Lal Rampal Dye-Chem Ltd has informed exchanges of key decisions taken at its board meeting held on January 12, 2026. The company approved the acquisition of immovable property for a consideration of up to ₹1.75 crore, subject to completion of customary documentation and regulatory clearances.
This approval replaces an earlier resolution passed in November 2025, which had sanctioned acquisition of the same property for a lower value of ₹1 crore. The revision reflects updated commercial terms agreed upon by the company.
The board further authorized executive directors to execute necessary agreements, deeds, and documentation to complete the transaction, ensuring compliance with applicable laws.
Key Highlights
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Property Acquisition: Approved at a revised value of ₹1.75 crore.
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Supersession: Replaces earlier approval of ₹1 crore granted in November 2025.
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Authorization: Executive directors empowered to finalize agreements and documentation.
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Compliance: Acquisition subject to legal and regulatory requirements.
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Board Meeting: Held on January 12, 2026, concluded within 20 minutes.
Sources: Company Exchange Filing (Shankar Lal Rampal Dye-Chem Ltd), BSE, NSE